$BTC Bitcoin (BTC) is experiencing a significant surge, trading at approximately $98,899. This marks a new all-time high, reflecting a 2.6% increase from the previous close. The cryptocurrency’s price has fluctuated between an intraday low of $95,959 and a high of $99,835.

Several factors are contributing to Bitcoin’s bullish momentum. Notably, a prominent Bitcoin whale recently acquired 100 BTC, valued at $9.78 million, indicating strong institutional interest and confidence in the asset’s future performance. 

Furthermore, the broader crypto market is buoyed by positive developments, including the anticipation of U.S.-China trade talks aimed at reducing economic tensions. This geopolitical optimism is enhancing investor sentiment across digital assets. 

Analysts are optimistic about Bitcoin’s trajectory, with some forecasting that BTC could reach $200,000 by the end of 2025, driven by increased institutional adoption and favorable regulatory environments. 

In summary, Bitcoin’s current rally is underpinned by robust institutional investment, positive geopolitical developments, and strong market sentiment, positioning it for potential continued growth in the near term.#btc