Bitcoin is once again flirting with the $100,000 milestone, trading between $99,200 and $99,700 this early morning in Europe. As of today, May 8, the leading cryptocurrency appears poised to retest the $100k mark for the first time since early February. In preparation for this move above $100k, investors are shifting their focus to Bitcoin beta play STX crypto, which has surged by 10% overnight.

After yesterday’s rather lackluster Federal Open Market Committee (FOMC) meeting, where interest rates were maintained, Bitcoin faced a decline from $97k to $96.1k, with many speculating a potential drop back to $90k. However, Bitcoin is demonstrating resilience.

“The hard road goes from 80k to 100k. The easy road goes from 100k to 250k.”
— CROW (@TheCrowtrades) May 8, 2025

Bitcoin on the Brink of $100k with All Catalysts Aligning for New Highs

Recently, Binance founder CZ predicted that Bitcoin could reach between $500,000 and $1,000,000 within this cycle. Various indicators are suggesting that a bullish surge is imminent. Traditionally, Bitcoin peaks 12 to 16 months post-halving; the last halving occurred in April 2024, placing us in a promising window for potential gains.

Furthermore, the next FOMC meeting is scheduled for June, with expectations of a 25 basis point cut. The current sentiment suggests a strong likelihood of this action as the date approaches.

Another significant factor is Bitcoin’s movement toward price discovery, which would occur if it surpasses its all-time high (ATH) of $108,786. A breach of this level could lead to substantial price increases due to a lack of historical price barriers to guide its trajectory.

In addition, rumors of an upcoming US-UK trade agreement, alongside hopes for a US-China trade deal, might also contribute to Bitcoin’s return to and potential surpassing of the $100,000 threshold in the near term.

Bitcoin Price Chart

Smart Investors Pivoting to Bitcoin Beta Plays, STX Crypto Gaining Traction

Historically, whenever Bitcoin makes significant upward moves, associated projects typically rally alongside it, and Stacks (STX) is a standout in this regard. As Bitcoin strives for a $100k retest, STX has experienced a notable 9% increase. This Layer-2 solution operates on the Bitcoin blockchain, enhancing its security while enabling new capabilities not found on Bitcoin’s main network.

STX’s token is crucial for covering transaction fees, incentivizing miners, and staking. Following a rebound from a key support level, it aims for the $1.06–1.08 range, which is considered heavy resistance.

With Bitcoin potentially flipping past $100k and seeking a new ATH, there’s increased optimism that STX could break through its resistance zone and embark on its own climb toward $2.

BONUS: BTC Bull (BTCBULL) Hits $5.4m In Presale Funding: New Bluechip Bitcoin Beta Play?

BTC Bull positions itself as an attractive alternative to STX, particularly with its enticing Bitcoin airdrops aligned with BTC price surges. Aside from Stacks’ utility for Bitcoin, BTCBULL offers the appeal of a meme coin aiming for a bullish narrative. Holders of BTCBULL will gain Bitcoin airdrops as the cryptocurrency reaches thresholds of $150k and above, which could continue with every $50k increment.

The project has also incorporated a token burn mechanism that would commence at $125k, reducing circulating supply to boost demand. Investors will have the option to acquire BTCBULL using ETH, USDT, or bank cards via Best Wallet, a secure non-custodial wallet with airdrop capabilities.

Explore the BTCBULL Website to Learn More
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Summary: key factors pushing Bitcoin closer to a $100k retest

• BTC is observing a 2.8% increase as it nears $100k.
• Various catalysts—including the next FOMC meeting and the timing post-halving—are driving Bitcoin’s rally.
• STX crypto remains a reliable beta play linked to Bitcoin’s performance.
• BTCBULL has gained notable attention with Bitcoin airdrops projected for when BTC eclipses $150k.