$BTC
#Bitcoin Breaks $100K Again!
Bitcoin has surged past the $100,000 mark, currently trading around $102,531, marking a significant rally in the crypto market.
🔹 Market Momentum: The recent surge is attributed to renewed investor confidence and a broader "risk-on" sentiment, with equities also performing well.
🔹 Institutional Interest: Spot bitcoin ETF net inflows totaled over $4 billion in the last three weeks, indicating strong institutional demand.
🔹 Network Growth: The Bitcoin network recorded the creation of 344,620 new wallets, signaling increased adoption and user interest.
🔹 Technical Outlook: Analysts point to potential resistance near $107,000 and a projected upside target around $120,000 if the rally continues.
Stay informed and consider these factors when making investment decisions.
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