According to Farside Investors, Bitcoin climbed to $102,889 with a 4.15% daily increase, supported by robust Bitcoin ETF inflows of $117.4 million and a March 2026 Deribit Bitcoin Future price of $109,138, reflecting a 4.44% premium. The annualised basis rate stands at 6.89% to 7.15%, indicating strong futures market demand. Ethereum saw a significant 16.44% jump to $2,210. In contrast, traditional safe havens like gold and silver dropped 1.72% and 0.76% respectively, while crude oil remained stable. These trends highlight continued institutional interest in crypto, with ETF flows and futures premiums signaling potential momentum for further price appreciation in the digital asset market. (Source: Farside Investors)

According to Coins.ph, as Bitcoin ($BTC) reached the $100,000 milestone, the top gainers at 9:41am were Ethereum ($ETH), GAME, EIGEN, AVA, and AI16Z. Notably, $ETH rebounded above $2,000 and is now trading at $2,218, signaling strong upward momentum in major altcoins alongside BTC’s rally. These price movements reflect increased trading opportunities for both BTC and leading altcoins, suggesting heightened market activity and potential for short-term gains for traders. Source: Coins.ph (@coinsph, May 9, 2025).

According to Michaël van de Poppe, a notable cryptocurrency analyst, Ethereum (ETH) could experience a 20% price increase within the next 1-2 weeks. Traders should watch for potential bullish momentum in the ETH market, as recent technical indicators suggest upward trends. Van de Poppe's analysis, shared on Twitter, highlights the potential for significant price movement, which could create lucrative trading opportunities. Monitoring Ethereum’s resistance levels will be crucial for traders aiming to capitalize on this potential surge.