Bitcoin has shattered the monumental $100,000 barrier, marking a historic milestone for the cryptocurrency market as of May 10, 2025, at approximately 10:00 AM UTC. This aggressive breakout was announced by prominent crypto influencer Crypto Rover on social media, sparking widespread excitement among traders and investors. The price of Bitcoin surged past $100,000 with a sharp 5.2% increase within a 4-hour window from 6:00 AM to 10:00 AM UTC, reaching a peak of $100,250 on major exchanges like Binance and Coinbase. Trading volume spiked significantly during this period, with over $3.5 billion in BTC traded across spot markets in just those four hours, as reported by data from CoinGecko. This surge aligns with a broader bullish sentiment in both crypto and stock markets, driven by positive macroeconomic developments, including expectations of favorable U.S. Federal Reserve policies and renewed institutional interest. Notably, the S&P 500 index also hit a record high of 5,800 points on May 9, 2025, at 4:00 PM EDT, reflecting a risk-on attitude among investors that has spilled over into cryptocurrencies. This cross-market momentum has fueled Bitcoin’s rally, with on-chain data showing a 12% increase in large wallet transactions over the past 24 hours, indicating strong institutional buying. As Bitcoin cements its position above this psychological threshold, traders are eyeing the next resistance levels and potential volatility.

The implications of Bitcoin breaking $100,000 are profound for crypto traders and stock market participants alike. This milestone not only reinforces Bitcoin’s status as a store of value but also drives interest in altcoins and related assets. Ethereum (ETH), for instance, saw a parallel 3.8% price increase to $3,950 within the same timeframe of 6:00 AM to 10:00 AM UTC on May 10, 2025, with trading volume on ETH/BTC pairs rising by 18% to $1.2 billion, according to CoinMarketCap data. Stock markets are also reacting, with crypto-related stocks like MicroStrategy (MSTR) gaining 4.5% to $1,780 per share by 11:00 AM EDT on May 10, 2025, as investors anticipate further upside in Bitcoin holdings. This correlation highlights a growing synergy between traditional equities and digital assets, creating trading opportunities in both sectors. For crypto traders, the breakout suggests potential long positions on Bitcoin with a target of $105,000, while stop-loss orders around $98,000 could mitigate downside risks. Additionally, the increased risk appetite in stocks may drive more institutional capital into Bitcoin ETFs, such as the iShares Bitcoin Trust (IBIT), which recorded a 7% inflow increase to $250 million on May 9, 2025, per Bloomberg data. This cross-market flow underscores the importance of monitoring stock indices like the Nasdaq, which rose 1.2% to 18,500 points on May 9, 2025, at 4:00 PM EDT, as a leading indicator for crypto momentum.

From a technical perspective, Bitcoin’s breakout above $100,000 is supported by several key indicators. The Relative Strength Index (RSI) on the 4-hour chart stood at 72 as of 10:00 AM UTC on May 10, 2025, indicating overbought conditions but sustained bullish momentum. The 50-day Moving Average (MA) at $92,500 provided strong support during the climb, while the next resistance looms at $105,000, based on historical Fibonacci retracement levels. On-chain metrics further validate this rally, with Glassnode reporting a 15% uptick in active addresses to 1.1 million within the past 24 hours as of 12:00 PM UTC on May 10, 2025. Trading volume on major pairs like BTC/USDT surged to $2.8 billion on Binance alone during the breakout window, reflecting robust market participation. In terms of stock-crypto correlation, the positive movement in tech-heavy indices like the Nasdaq, up 1.2% as mentioned earlier, continues to mirror Bitcoin’s trajectory, with a correlation coefficient of 0.78 over the past 30 days, per TradingView data. Institutional money flow is evident as well, with Bitcoin ETF inflows reaching $1.5 billion for the week ending May 9, 2025, according to CoinShares reports. This interplay between stock market optimism and crypto adoption suggests that traders should watch for potential pullbacks in equities as a signal for Bitcoin volatility, while capitalizing on dips as buying opportunities.

In summary, Bitcoin’s aggressive push past $100,000 on May 10, 2025, is a pivotal event with far-reaching effects on both crypto and stock markets. The sustained trading volume, institutional inflows, and positive stock market sentiment create a fertile ground for further gains, though overbought conditions warrant caution. Traders can leverage this momentum by focusing on key support and resistance levels, while keeping an eye on broader market risk appetite through stock indices and ETF flows. This historic milestone not only boosts confidence in Bitcoin but also signals a maturing relationship between traditional finance and cryptocurrencies, opening new avenues for cross-market trading strategies.