#BTCBackto100K Bitcoin has indeed reached the $100,000 milestone again, driven by factors such as ¹ ²:

- *Institutional inflows*: Spot Bitcoin ETFs have seen $1.8 billion in inflows over the past trading week, indicating growing interest from institutional investors.

- *Macroeconomic factors*: Falling US bond yields and a weakening dollar have added to Bitcoin's appeal as a hedge.

- *Geopolitical news*: A potential trade deal between the US and the UK, hinted at by President Donald Trump, may be driving market optimism.

Some analysts believe Bitcoin could reach new highs, potentially surpassing $110,000, given its current momentum and market trends. Key events to watch include ¹:

- *US Budget Data*: May 12

- *Consumer Price Index (CPI)*: May 13

These events could influence Bitcoin's ability to sustain its current breakout. With a current price of around $102,756.42, Bitcoin's market capitalization stands at $1.97 trillion, and its dominance has surged above 60%, signaling stronger investor confidence in Bitcoin over altcoins chef Aijaz