Bitcoin Breaks $97K — Are We on Track for $100K?

Big moves from Bitcoin $BTC this morning as it soared past $97,000 during Asian trading hours. The spark? Fresh optimism around U.S.-China trade talks. Even though the market doesn’t fully believe a deal will land before June (only a 20% chance on Polymarket), sentiment is turning bullish again.

We’re seeing strong momentum across the board — liquidity is healthy, institutional demand is rising, and altcoin activity is heating up. Flowdesk put it nicely in a recent note: “Risk appetite is back, volumes are up, and spot buying continues, especially in speculative alts and AI tokens.” They also mentioned $1.5B in Bitcoin ETF inflows — clear signs that big money is entering the space.

Even Dogecoin $DOGE is leading majors with a 4% gain in 24 hours. ETH $ETH , ADA, XRP, and BNB are up between 1–3%. On the flip side, MOVE has dropped 21% after the suspension of its founder, Rushi Manche.

Meanwhile, AI tokens are getting some love. Kava Labs just hit 100K users on its decentralized AI platform. It’s a big deal — people are waking up to the value of AI that’s transparent and decentralized, not locked in black boxes run by tech giants.

And let’s not forget Michael Saylor’s Strategy is planning to raise another $21 billion for BTC buys. They're getting serious about institutional frameworks and valuation models — and the market is noticing.

Bottom line: Bitcoin feels strong here. $100K is not a meme anymore. We’re in a phase where liquidity, narrative, and institutional demand are aligning. Keep your eyes on AI and alts — this rally feels broader than just BTC.