$BTC is making significant strides on Binance, currently trading at $99,427, marking a 2.61% increase in the last 24 hours. The price has fluctuated between $95,959 and $100,131, with a 24-hour trading volume of approximately $55.7 billion.

This upward momentum is fueled by several factors:

Institutional Investments: Major financial entities like BlackRock and Fidelity have recently invested substantial amounts into Bitcoin, signaling growing institutional confidence.

Macroeconomic Factors: The Federal Reserve's decision to maintain interest rates has enhanced Bitcoin's appeal as a hedge against traditional financial instruments.

Geopolitical Developments: Anticipation of a significant trade deal between the U.S. and the U.K., as hinted by former President Trump, has further bolstered market optimism.

Analysts suggest that if Bitcoin maintains support above $98,000, it could test resistance levels at $100,400, with potential targets extending to $104,000 and $110,000.

For those interested in trading, Binance offers a robust platform to engage with $BTC

and other cryptocurrencies.

Stay informed and consider the broader market dynamics as you navigate your investment decisions.