$BTC

📈 Bitcoin ($BTC) Surpasses $97,000

Bitcoin$BTC has crossed the $97,000 mark, trading at $97,036, reflecting a 2.41% increase over the past 24 hours. 

🔍 Market Analysis

• Resistance Levels: Analysts are monitoring resistance around $97,260–$98,500. A breakout above these levels could signal further bullish momentum. 

• Support Levels: Key support is identified near $96,160. Maintaining above this level may sustain the current uptrend.

📰 Recent Developments

• Increased Market Dominance: Bitcoin’s market capitalization has surpassed 65%, marking its highest level in four years, indicating growing dominance in the cryptocurrency market.

• Institutional Investment: Japanese company Metaplanet has invested an additional $53.4 million to acquire 555 more Bitcoins, reflecting continued institutional interest.

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