$BTC Bitcoin (BTC) has surged to approximately $97,016 USD, marking a significant milestone in its upward trajectory. This rally is attributed to substantial institutional investments and evolving regulatory landscapes. 

Key Drivers Behind the Surge:

• Institutional Inflows: BlackRock’s IBIT fund has amassed over $43 billion, reflecting a growing institutional appetite for Bitcoin. 

• Regulatory Developments: The proposed Digital Asset Bill aims to provide clarity and structure to the crypto market, potentially attracting more traditional investors.

• Market Sentiment: Analysts predict that Bitcoin could reach $105,000 in the near future, driven by ETF filings and bullish market momentum. 

For investors in Sri Lanka, platforms like Binance and Coinbase offer real-time BTC to LKR conversion tools, aiding in informed trading decisions