#BTCBackto100K Main Growth Factors
US-UK Trade Agreement: The announcement of a new trade agreement between the US and the UK has contributed to increased market optimism, positively impacting the price of Bitcoin.
Institutional Investments: In the last three weeks, $5.5 billion has flowed into digital asset funds, of which $1.8 billion is in Bitcoin products, indicating growing interest from institutional investors.
Decreased Correlation with Traditional Assets: Analysts note that Bitcoin is showing a change in correlations with traditional asset classes, particularly a strong inverse correlation with the steepness of the Treasury yield curve.
