#BTCBreaks99K Bitcoin (BTC) $BTC is currently trading around $99,252, inching closer to that highly anticipated $100K milestone. Earlier today, it peaked at $99,835—up 2.56% from the previous day.

What’s Driving the Surge?

Institutional Interest: BlackRock’s iShares Bitcoin Trust ETF (IBIT) has been pulling in cash for 17 straight days—$5 billion in total. That kind of consistent institutional support is no small thing.

Steady Fed Policy: The Federal Reserve keeping interest rates unchanged has helped boost investor confidence and support BTC’s momentum.

China’s Liquidity Moves: Recent easing from China—cutting reserve ratios and rates—has added global liquidity, which tends to benefit risk assets like Bitcoin.

Political Buzz: Hype is building around a potential major trade announcement from former President Donald Trump, adding another layer of optimism to the market.

Market Mood & What’s Next

There’s a lot of chatter right now about whether Bitcoin will finally break past $100K. Some analysts believe that if it does, it could open the floodgates for even more bullish movement. That said, there’s still caution—any letdown from expected political news could shake things up.

Adding to the excitement, Crypto Rover is doing a $1,000 BTC giveaway to five followers if Bitcoin cracks $100K within the next 24 hours.

For now, BTC is holding just shy of that mark, and all eyes are on what comes next.