#CryptoComeback š Crypto Comeback 2025: Bitcoin Soars Past $100K, Signaling Bullish Momentum
Bitcoin (BTC) has surged past the $100,000 mark for the first time since February 2025, reaching an intraday high of $101,370. This milestone reflects renewed investor confidence and a broader ārisk-onā sentiment in the markets.
Several factors are contributing to this bullish momentum:
⢠Institutional Inflows: Spot Bitcoin ETFs have seen significant inflows, with $5.3 billion entering in the past three weeks, indicating strong institutional interest.
⢠Macroeconomic Factors: Easing trade tensions, particularly a new U.S.-U.K. trade agreement, have bolstered market optimism.
⢠Market Dominance: Bitcoinās market dominance has surpassed 60%, the highest since early 2021, signaling a shift in investor preference towards BTC over altcoins.
Analysts suggest that if Bitcoin maintains support above $100,000, it could target previous highs around $109,000 and potentially reach $120,000 in the near term.