#BTCBackto100K Bitcoin has indeed returned to the $100,000 mark, driven by a combination of factors, including ¹ ²:

- *Macroeconomic Factors*: Expectations of Fed rate cuts and Trump's push for lower interest rates have boosted risk assets.

- *Institutional Inflows*: Strong institutional investments, ETF demand, and whale accumulation have provided solid support for Bitcoin's price.

- *Trade Deal Optimism*: The announcement of a US-UK trade deal has fueled market optimism, contributing to Bitcoin's surge.

Some analysts predict Bitcoin could reach new highs, potentially exceeding $110,000, as it consolidates above $100,000. Key economic data, such as US budget data and CPI, will be crucial in determining Bitcoin's next move ². Currently, Bitcoin is trading around $102,666.67, with a 4.09% increase ³.