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Bitcoin Tops $100,000, Gains 10% On ETF Inflows as Analysts Eye Breakout Toward $130,000

2025-05-12 2 Dailymotion

Bitcoin surged past the key $100,000 level this week, marking a 10% gain and signaling renewed bullish momentum, according to Cointelegraph. The rally is fueled by strong inflows into BlackRock’s spot Bitcoin ETF, which added $1.03 billion last week, extending its streak to 19 consecutive days. BTC is edging closer to its all-time high of $109,588, and analysts say a breakout could push prices toward $130,000. Several altcoins joined Bitcoin's rally, leading some analysts to declare the beginning of an altseason with expectations of strong gains ahead. Others remain skeptical, noting that altcoins have only recovered modestly from steep declines.