Bitcoin Price Nears $105K Today as Altcoins Soar

• Bitcoin price Today: BTC May Test Resistance Near $110K
• Ethereum leads altcoins with almost 19% appreciation
• Cryptocurrencies such as PEPE and Moo Deng soar in 24 hours

Bitcoin price today, May 9, 2025, reached $104.350, registering a 5% appreciation in the last 24 hours. The new high comes shortly after the cryptocurrency broke the $100 resistance on Thursday, strengthening the bullish sentiment in the market.

Among altcoins, Ethereum (ETH) leads the gains, trading at US$ 2.339,47, with a significant increase of 18,95% in the same period. Dogecoin (DOGE) is also among the biggest highlights of the day, trading at US$ 0,2073 after advancing 12,22%, a movement attributed to the growing speculative interest around the asset.

Solana (SOL) grew by 10,54%, trading at $171,47, while Cardano (ADA) appreciated by 9,68%, reaching $0,794. XRP (XRP) maintained its positive momentum with a rise of 7,76%, trading at $2,391, amid expectations involving updates in the regulatory environment.

Other assets such as BNB (US$638,39) and TRON (US$0,2621) also performed positively, with respective increases of 3,97% and 4,63%. Stablecoins were disregarded from the analysis as they did not show significant variations.

The most valued cryptocurrencies of the day include PEPE, quoted at US$ 0,00001249 with an increase of more than 35%. Moo Deng surprised by rising 149,9%, trading at US$ 0,1241. Peanut the Squirrel (PNUT) advanced more than 50% and is quoted at US$ 0,2696.

From a technical point of view, the price of Bitcoin is facing potential resistance near $110. If this barrier is overcome, the movement could lead the asset to seek zones between $115 and $118. However, if there is selling pressure, the main short-term support is at $100. A loss of this level could lead to corrections to the $98 region.