$BTC

Bitcoin has made a remarkable comeback, recently surpassing the $100,000 mark for the first time since February 2025. This resurgence is attributed to several key factors:

Trade Agreements: The announcement of a new U.S.-U.K. trade deal has boosted investor confidence, alleviating concerns over global trade tensions.

Institutional Investment: Significant inflows into spot Bitcoin ETFs, totaling over $5 billion in recent weeks, indicate growing institutional interest.

Market Sentiment: A broader "risk-on" sentiment in financial markets has contributed to Bitcoin's rally, with the cryptocurrency outperforming traditional assets like gold and major stock indices.

Ethereum has also experienced substantial gains, breaking past the $2,200 level and ending a six-month downtrend. Analysts suggest potential targets between $2,500 and $3,500 if the bullish momentum continues.

While the outlook remains optimistic, experts caution that Bitcoin's correlation with traditional risk assets means it could still be susceptible to macroeconomic shifts. Nonetheless, projections estimate Bitcoin could reach $120,000 in the near term if current trends persist.