#BTCtrade Bitcoin (BTC) has recently surged past the $100,000 mark, marking a significant milestone in its market performance. This surge is attributed to a combination of factors, including renewed investor optimism following a trade agreement between the United States and the United Kingdom, as well as increasing institutional adoption of Bitcoin.

The approval of multiple Bitcoin exchange-traded funds (ETFs) in early 2024 has played a pivotal role in enhancing Bitcoin's accessibility to a broader range of investors. These ETFs have attracted substantial inflows, contributing to Bitcoin's price appreciation.

Additionally, the upcoming Bitcoin halving event, scheduled for April 2025, is anticipated to reduce the block reward from 6.25 BTC to 3.125 BTC per mined block. Historically, such halving events have led to significant price increases due to the resulting supply constraints.

Analysts remain optimistic about Bitcoin's future trajectory, with projections suggesting potential targets ranging from $120,000 to $250,000 by the end of 2025.

If you would like more detailed information on Bitcoin's market performance or related topics, feel free to ask!