#BTCBackto100K Bitcoin has indeed broken the $100,000 mark, with its current price at $101,335.53, representing a 5.10% increase. Here's a snapshot of its current performance ¹:

- *Current Price*: $101,335.53

- *Market Cap*: $1.93 trillion

- *24-hour High*: $101,707.02

- *24-hour Low*: $95,784.61

This surge can be attributed to several factors, including:

- *Trade Deal Announcements*: Donald Trump's announcement of a major trade deal with the United Kingdom has boosted market sentiment, potentially paving the way for more deals.

- *Federal Reserve's Rate Decision*: The Federal Reserve's decision to hold interest rates steady has also contributed to the positive momentum.

- *Bitcoin's Halving Cycle*: Some analysts believe Bitcoin's current price action is aligned with its halving cycle, which could propel it to new highs.

Some potential next targets for Bitcoin include ²:

- *$105,000*: A key psychological level that could be reached if the current rally continues.

- *All-Time High*: Bitcoin's previous all-time high of $108,786 could be breached if the bullish momentum persists.

Investors are also rotating into Bitcoin beta plays, such as ³:

- *Stacks (STX)*: A layer-2 solution built on top of the Bitcoin blockchain, which has surged 9% overnight.

- *BTC Bull (BTCBULL)*: A meme coin with upcoming Bitcoin airdrops, which has gained traction among investors.