
Cryptocurrency markets saw a notable upward trend on May 8, 2025, with Bitcoin (BTC) surpassing the $100,000 mark and reaching as high as $103,200. Ethereum (ETH) also climbed above $2,000, peaking at $2,211 during the day. Solana (SOL) increased to $163, while Sui (SUI) showed a strong performance, rising from $3.37 to over $4.00, indicating a parabolic surge. The gains across these digital assets were attributed in part to institutional buying interest, with El Salvador reportedly purchasing more Bitcoin. Other tokens such as Zeus (ZEUS) and WAL also appeared in trading activity, priced at $0.28 and $0.63 respectively. The overall market sentiment reflected growing enthusiasm and what was described as 'institutional FOMO' driving the rally.
