🚀 Bitcoin Hits $100K Again After 4 Months!
#Bitcoin surged past $100K on May 8, marking its first breach of the level since January. 📈 The rally saw a 4.2% jump from the day’s low, with BTC dominance climbing above 60%—a sign of shifting market dynamics.
Key drivers include institutional ETF inflows ($1.8B last week), a weaker dollar, and speculation around a US-UK trade deal hinted by Trump. 🏛️ Upcoming US economic data (CPI, budget) could dictate whether BTC holds above this psychological level.
Analysts suggest new highs ($110K+) are possible as retail interest grows later in the cycle. 🌍 Regulatory progress and Bitcoin reserve initiatives may fuel long-term growth.
#CryptoNews #BTC