Step 1: Recognise the definition.
A point whose distances from two fixed points (the foci) have a constant difference traces a hyperbola. Here the foci are $(-5,0)$ and $(5,0)$ and the constant difference is $8$.
Step 2: Find $c$.
The foci sit at $(\pm c,0)$, so comparing with $(\pm5,0)$ gives $c=5$.
Step 3: Find $a$.
For a hyperbola the constant difference of focal distances equals $2a$. So $2a=8$, giving $a=4$.
Step 4: Recall the eccentricity formula.
For a hyperbola the eccentricity is $e=\dfrac{c}{a}$.
Step 5: Substitute.
$e=\dfrac{5}{4}$.
Step 6: Note the sign.
Eccentricity is always positive, so the answer is $\dfrac{5}{4}$, not the negative options. \[ \boxed{\dfrac{5}{4}} \]