#BTCBreaks99K Bitcoin broke the $99K barrier and surpassed $100,000 on Thursday for the first time since February, recovering dramatically from April's lows of around $75,000 linked to President Trump's volatile tariff policy.

The growing institutionalization and geopolitical adoption of Bitcoin are changing its role, from rebellious technology to potential global reserve asset, "sooner" than most think, said Bitcoin Inc CEO David Bailey in the latest episode of The Scoop podcast.

In today's newsletter, Coinbase agrees to acquire Deribit for a record $2.9 billion, Bitcoin regains $100,000 for the first time since February, Arizona becomes the second U.S. state to pass a cryptocurrency reserve bill, and more.