Bitcoin Surges to $99,000 — What Could be Next in Sight?

The latest data from CoinMarketCap shows a major uptick in trading volume, with over $46 billion traded in the last day — a 44.73% jump, suggesting strong market interest and potential institutional inflows.

This surge has pushed Bitcoin’s market cap to $1.96 trillion, while its fully diluted valuation (FDV) stands at $2.07 trillion. With 19.86 million BTC now in circulation out of the 21 million maximum supply, scarcity dynamics are also contributing to upward pressure.

The breakout comes just ahead of the $100K psychological barrier, a level many analysts see as both a resistance point and a symbolic milestone that could trigger further momentum — or heavy profit-taking.

Today’s chart shows a clean, vertical climb from the $96.5K range in the early hours of May 8, with no signs of immediate exhaustion in volume or price action. Buyers appear in control.

The post Bitcoin Surges to $99,000 — What Could be Next in Sight? appeared first on Coindoo.