#BTCBackto100K
Several factors are contributing to this upward momentum:
Trade Agreement: Optimism surrounding a trade agreement between the U.S. and the U.K. has boosted market sentiment and risk assets, including Bitcoin.
Institutional Interest: Continued inflows into Bitcoin ETFs are a significant driver of demand.
Macroeconomic Factors: Expectations of potential Federal Reserve rate cuts and a weaker dollar are also seen as supportive for Bitcoin.