The Bitcoin (BTC) currency has witnessed a significant rise, surpassing the $100,000 mark for the first time since February 2025, reaching levels close to $103,000.

This surge is attributed to several factors, including optimism regarding a preliminary trade agreement between the United States and the United Kingdom, which boosted investors' appetite for risk. Additionally, significant investment flows from institutions contributed to this momentum, as Bitcoin ETF funds experienced inflows of $5.3 billion over the past three weeks, enhancing the upward momentum.

Moreover, pro-crypto policies in the U.S., such as the establishment of a strategic reserve for Bitcoin, have increased confidence in the market.