#BTCBackto100K Bitcoin has once again surpassed the $100,000 mark, trading at $100,872 with an intraday high of $101,879. This surge is attributed to renewed investor optimism following a U.S.-U.K. trade agreement, signaling potential easing of global trade tensions. The positive sentiment extended to crypto-related stocks, with companies like Robinhood, Coinbase, and MicroStrategy experiencing notable gains. Coinbase also announced a $2.9 billion acquisition of Deribit, a crypto exchange specializing in Bitcoin and Ether derivatives, further fueling market enthusiasm. Analysts suggest that if Bitcoin maintains its momentum, it could challenge its all-time high of over $107,000 set in December. However, they also caution that the market remains sensitive to macroeconomic factors, and any significant news could influence Bitcoin's trajectory.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.