$BTC
Over the past 24 hours, Bitcoin (BTC) has demonstrated a strong upward trend, reclaiming the $97,000 level amid renewed investor optimism.
As of now, BTC is trading at approximately $97,319, marking a 3.13% increase in the last 24 hours. The 24-hour trading volume stands at $33.58 billion, with a market capitalization of $1.93 trillion.
This surge is attributed to positive developments in US-China trade talks, which have bolstered investor sentiment. Additionally, significant institutional investments, such as BlackRock's acquisition of 5,613 BTC in the past 24 hours, have further fueled the rally.
Technical indicators suggest a bullish momentum, with futures markets reflecting optimism as the March 2026 Deribit Bitcoin Future traded at $101,787. Analysts are closely watching the $100,000 resistance level, considering it a critical threshold for BTC's next move.
In summary, Bitcoin's recent performance indicates a strong bullish sentiment, driven by macroeconomic factors and institutional interest. However, traders should remain cautious of potential resistance at the $100,000 mark.