Bitcoin on Track to Hit $100,000 for the First Time in Months

The flagship coin has hit its highest level since Feb. 21, and it is now within striking distance of hitting the $100,000 level for the first time since Feb. 7. The recent bullish momentum comes after BlackRock's iShares Bitcoin Trust ETF (IBIT) recorded 17 consecutive days of inflows. The product has attracted $5 billion in fresh money within just weeks, indicating robust institutional demand.

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