Bitcoin's surge to $100,000: Is a new wave of wealth coming?

Bitcoin is once again making headlines! It is approaching the $100,000 milestone, and market enthusiasm continues to soar. From a strong start at the beginning of the year to a recent rapid increase, Bitcoin's price is soaring, exciting investors!

Recently, Bitcoin's price trends have become the focus of the global financial market. As risk appetite in the financial markets heats up again, Bitcoin has been climbing, reaching a peak of $97,483, the highest level since February 21. Many smaller tokens have also seen significant gains, with Dogecoin up 4.8% and Ethereum up 3.3%. This round of Bitcoin's rise is accompanied by an increase in the spot market, while demand for derivatives used for leverage is sluggish, indicating that Bitcoin's price has shifted from being driven by macroeconomic factors like inflation and tariffs to being led by momentum trading.

According to data, exchange-traded funds (ETFs) tracking Bitcoin and Ethereum saw inflows of over $3.2 billion last week. The influx of substantial funds undoubtedly provides strong momentum for Bitcoin's price increase. At the same time, the attitudes of some countries and regions towards cryptocurrencies are gradually changing, creating a more favorable policy environment for Bitcoin's development.

In the face of this wave of Bitcoin's rise, are you ready to seize the opportunity to enter the market, or will you choose to continue observing? Come share your thoughts in the comments!

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