Bitcoin Breaks $96K: Bullish Momentum or Short-Term Hype?

Bitcoin ($BTC) has shattered expectations by crossing the $96,000 mark today, igniting a wave of bullish sentiment across the crypto space. The king of crypto has seen a 1.22% price increase in the last 24 hours, with volume and investor confidence rising alongside it.

Analysts point to increasing institutional interest, delayed altcoin ETF approvals, and continued inflation concerns as the main drivers of this surge. Meanwhile, altcoins like $ARB and $SUI are also heating up, with SUI’s 500M token unlock this month drawing significant attention.

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