#BTCBackto100K Bitcoin has indeed broken back above the $100,000 mark, driven by optimism surrounding fresh US-China trade talks and renewed institutional demand. Here's the current state:
- *Current Price*: $101,256.93
- *Percent Change*: 4.93%
This surge is attributed to several factors ¹ ²:
- *Trade Talk Optimism*: The US Treasury Secretary's planned meeting with Chinese officials to "de-escalate" tariff tensions has reignited risk appetite across global markets.
- *ETF Inflows*: Spot-Bitcoin exchange-traded funds recorded $142 million of net inflows, signaling institutional buyers are back.
- *Macro Backdrop*: The Federal Reserve's decision to hold rates steady removed a key overhang for risk assets.
Some experts predict Bitcoin could reach new highs, with Standard Chartered's digital asset chief forecasting $120,000 by year-end. Others see potential for prolonged growth beyond 2025 due to global crypto regulation progress and strategic Bitcoin reserve initiatives ¹ ³.