Bitcoin Tops $100K Again, Reigniting Investor Confidence as Ethereum Follows

Bitcoin Reclaims $100K, Igniting Renewed Investor Optimism as Ethereum Hits 3-Month High

Bitcoin has once again crossed the $100,000 threshold, signaling a significant return of investor confidence in the cryptocurrency market. According to data from LSEG, Bitcoin is up 0.4% at $103,035, after hitting an intraday peak of $104,324.39 — levels not seen since its previous highs earlier this year.

The milestone is being viewed as a psychological boost for investors, particularly following weeks of volatility and uncertainty. “Trading above $100,000 again is helping to reinforce investor faith,” said market strategist Kruger, adding that the rally is sparking increased interest in gaining access to the broader digital asset space.

Ethereum, the second-largest cryptocurrency, is following closely behind. Its price surged 7.6% to $2,347.87 and reached a three-month high of $2,486.25. The rally in Ethereum is seen as further evidence that the broader crypto market is regaining strength, with rising participation from both institutional and retail players.

So far in May, cryptocurrency investors have outperformed not only other digital assets but also major traditional markets. “Investors have already rallied more than 30% month-to-date, outperforming all other crypto and traditional asset classes during this period,” Kruger noted.

With capital flowing back into digital currencies, analysts say continued momentum could drive further gains, especially if macroeconomic conditions remain stable and regulatory clarity improves. The latest rally underscores a shift in sentiment, with cryptocurrencies once again being viewed as a viable component of diversified investment portfolios.