$BTC Bitcoin is currently trading around $96,500, showing a slight increase of over 2% in the last 24 hours. This upward movement follows a period of consolidation, with analysts noting increased institutional buying and optimism in the broader market. Bitcoin's market capitalization remains the largest in the cryptocurrency space, holding above $1.9 trillion.

Technically, Bitcoin has broken above a key resistance level, reaching its highest price in over two months. Some analysts predict a potential surge towards the $100,000 mark if the current momentum continues, viewing short-term pullbacks as buying opportunities. The next significant resistance is anticipated around $105,500. Bitcoin's dominance in the crypto market stands at approximately 64%.

Recent news includes endorsements from political figures regarding Bitcoin reserves and discussions about its classification as a security in some regions. Globally, the crypto market cap is near $3 trillion, with a slight decrease in the last day. Bitcoin's network fundamentals show a block height of around 894,900, with a mining difficulty of 123.23T and the next difficulty adjustment expected soon.