#BTCBackto100K Bitcoin's recent surge past $100,000 is driven by several factors¹ ²:

- *US Trade Talks*: Positive sentiment surrounding US President Trump's announcement of a US-UK trade deal has fueled the crypto rally.

- *Institutional Inflows*: Spot Bitcoin ETFs have seen $1.8 billion in inflows over the past trading week, indicating growing institutional interest.

- *Macroeconomic Factors*: Falling US bond yields and a weakening dollar have added to Bitcoin's appeal as a hedge.

Some key statistics surrounding Bitcoin's price surge include³:

- *Current Price*: $102,580.46

- *Market Dominance*: Bitcoin's market dominance has surged above 60%, reflecting stronger investor confidence in Bitcoin over altcoins.

- *Resistance Level*: Breaking above $100,000 could lead to a price target of $110,000, according to some analysts.

Experts' opinions on Bitcoin's future performance are varied⁴:

- *Ryan Lee, Chief Analyst at Bitget Research*: Believes Bitcoin's surge to $100,000 is primarily macro-driven, fueled by expectations of Fed rate cuts and Trump's vocal push for lower interest rates.

- *Ben Caselin, CMO at VALR*: Predicts Bitcoin could chart new highs north of $110,000, driven by institutional inflows and growing investor conviction.

- *Vincent Liu, CIO at Kronos Research*: Cautions that upcoming US macro data, such as CPI and budget data, could influence Bitcoin's momentum.