Markets Wake Bullish: Bitcoin Climbs Toward $100K, Ether Gains Ground
The cryptocurrency market saw a strong rally early Thursday, with Bitcoin jumping nearly 3% to surpass $99,000—levels not seen since February—while Ether climbed above $1,900 for the first time since April.
The surge follows the Federal Reserve’s decision to leave interest rates unchanged, signaling to investors a lack of aggressive economic intervention. As confidence in traditional markets wavers, many are turning to digital assets as a hedge against uncertainty. Analysts point to ongoing concerns over U.S. economic stagnation, rising tariff tensions, and potential geopolitical flare-ups—particularly between India and Pakistan—as key drivers pushing investors toward alternative stores of value like Bitcoin and Ether.
Clever Robot News Desk 9th May 2025
