#BTCBreaks99K Bitcoin has effectively surpassed the $99,000 mark and is currently trading at $102,762.26, with a 5.04% increase in the last 24 hours. This increase is driven by renewed institutional demand and optimism about trade talks between the U.S. and China. Here are the factors driving the momentum ¹:

- *Key Factors:*

- *Institutional Investment*: Growing interest from major financial institutions, with major banks and brokerage platforms offering more ways to buy and sell Bitcoin.

- *Corporate Accumulation*: Companies investing in Bitcoin, viewing it as a valuable long-term asset.

- *Macroeconomic Uncertainty*: The perceived value of Bitcoin as digital gold, attracting investors seeking alternatives to traditional assets.

*Market Performance:*

- *Current Price*: $102,762.26

- *Market Capitalization*: $1.93 trillion

- *24-hour Trading Volume*: $47 billion

*Expert Outlook:*

- Alex Thorn, Crypto Strategist, believes that breaking the $100,000 barrier is not just a psychological level but a signal to global capital that Bitcoin belongs in every portfolio.

- Arthur Hayes, former CEO of BitMex, expects Bitcoin to reach $150,000 by the end of the year, citing the response of monetary authorities to market uncertainty.