$BTC

Over the past 48 hours, Bitcoin ($BTC) price surged, reaching $94,736 with a 0.31% increase. The market was bolstered by strong ETF inflows, with $3.033 billion in spot BTC ETFs, primarily through BlackRock’s IBIT. Despite resistance between $94,125-$99,150, where 2.61 million addresses hold 1.76 million BTC, optimism persists. A weakening dollar and declining BTC exchange reserves fueled momentum. However, volatility remains, with analysts predicting a potential test of $100,000, though demand from new buyers shows signs of slowing.