#BTCBackto100K Bitcoin (BTC) has indeed broken back above the $100,000 mark, driven by several key factors:

- *Trade Talk Optimism*: The announcement of a US-UK trade deal and upcoming US-China trade talks have boosted investor confidence.

- *Institutional Demand*: Strong inflows into spot-Bitcoin exchange-traded funds (ETFs) indicate growing interest from institutional investors.

- *Macroeconomic Factors*: The Federal Reserve's decision to hold interest rates steady has removed a significant uncertainty for risk assets.

Some notable statistics surrounding Bitcoin's recent price movement include¹ ²:

- *Current Price*: $103,606.54

- *Market Capitalization*: $1.93 trillion

- *24-hour Trading Volume*: Significant growth, with $118 million in shorts liquidated in the last 24 hours

- *Correlation with Gold*: Bitcoin's 30-day Pearson correlation coefficient with Gold has climbed to 0.61, indicating a strong relationship between the two assets

The surge in Bitcoin's price has also impacted related stocks, such as³:

- *MicroStrategy (MSTR)*: Up 6.7% in afternoon trading, with the company's Bitcoin holdings now valued at $56.31 billion, 47.9%...