Why is Bitcoin going up today?

Bitcoin just broke above $99,600 again, and there are a few big reasons why it’s rising:

1. Better News Around the World

- The USA and UK made a new trade deal. President Trump posted about it yesterday. This kind of deal makes investors feel more confident and hopeful, which helps risky investments like crypto go up.

- Talks with China are improving too. The US Treasury Secretary went to Switzerland to talk with Chinese officials. He said the US doesn’t want to “break up” from China economically. That kind of news helps calm markets and pushes prices up.

2. Federal Reserve Didn’t Raise Interest Rates

- The Fed kept interest rates the same (between 4.25% and 4.5%), even though President Trump wanted them to cut rates. The Fed is worried about stagflation (which means slow growth + high inflation).

- After the Fed’s announcement, Bitcoin dipped for a bit but bounced back fast and kept rising. That’s a strong sign people are still confident in it.

3. Big Companies Still Believe in Bitcoin

- Big banks and investment firms are saying they think Bitcoin could go much higher:

- Standard Chartered thinks it might hit $120K this year and even $500K by 2028.

- VanEck sees it going as high as $180K in 2025.

- ARK Invest, run by Cathie Wood, has the boldest prediction—$1.2 million by 2030, maybe even $2.4 million in a best-case scenario.

4. Breaking $99,000 is a Big Deal

Hitting a number like $99K is a big psychological milestone. If Bitcoin stays above this level, more people might start buying in, hoping it will go even higher

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