From Nasdaq
May 10, 2025 09:55 am:

News of positive developments on the global trade front caused Bitcoin to surge past $100,000, triggering excitement in the crypto market. Speculation is rife that Bitcoin may enter a new bull market cycle, but uncertainties remain. Institutional adoption of Bitcoin is on the rise, with more money flowing into spot Bitcoin ETFs than gold ETFs.

While a new trade “deal” with the U.K. offers optimism, tariffs persist and the impact of Fed Chairman Powell’s warnings of economic slowdown and inflation loom. The pace of institutional adoption of Bitcoin, evidenced by inflows into spot Bitcoin ETFs, suggests a bullish sentiment. The Bitcoin cycle, historically following a four-year pattern, may hint at an impending market correction.

Investors are advised to consider Bitcoin for the long term, as the volatile nature of the cryptocurrency entails both boom and bust cycles. Institutional adoption and historical data on Bitcoin cycles suggest caution, with a potential speculative frenzy leading to a market correction. The Motley Fool Stock Advisor team suggests alternative stock investments over Bitcoin for long-term returns.

Read more at Nasdaq: Bitcoin Tops $100,000 Again. Is the Leading Cryptocurrency Entering a New Bull Market Cycle?