#BTCBreaks99K

Bitcoin has broken the $99,000 mark, with its price currently hovering around $99,330, representing a 2.83% increase in the last 24 hours. This surge is attributed to renewed institutional and high-net-worth investor confidence, with addresses holding between 10 and 10,000 BTC accumulating over 81,300 BTC in the past six weeks.

*Key Factors Driving the Surge:*

- *Institutional Adoption*: Growing interest from institutional investors, with BlackRock's spot Bitcoin ETF recording $6.96 billion in net inflows since the start of 2025.

- *Whale Accumulation*: Whales are accumulating BTC, with one whale buying 100 BTC for $9.78 million after the price