🗞️ — Midday News (08-05-2025)

Crypto market on the rise: Bitcoin approaches $100,000

The crypto market is showing a positive trend this Thursday. Bitcoin ($BTC ) is being traded at $99,246, with an increase of approximately 2.38% in the last 24 hours. Analysts point out that the asset is maintaining important support levels, which may indicate a continuation of the upward movement.

Ethereum ($ETH ) is also showing strength, priced at $1,958.18, with an increase of about 7.07% in the same period. The recent Pectra update and the increase in network activity contribute to this performance.

Other cryptocurrencies are also registering significant gains:

Solana ($SOL): $154.93 (+5.51%)

Binance Coin ($BNB): $613.99 (+0.99%)

Arbitrum ($ARB): $0.3325 (+8.73%)

Initia ($INIT): $0.6377 (+8.91%)

The $INIT stands out with an expressive appreciation, reflecting the growing interest of investors in innovative projects within the crypto ecosystem.