š Bitcoin's Surge
The cryptocurrency market is experiencing a significant resurgence today, with Bitcoin (BTC) surpassing the $100,000 mark for the first time since February 2025.Ā This rally is fueled by a combination of macroeconomic factors, regulatory developments, and renewed investor optimism.
Bitcoin's price has surged above $100,000, reflecting renewed investor interest in riskier assets amid a broader market rebound.Ā The rally coincided with gains in U.S. equity markets, with the Dow Jones Industrial Average rising 0.6%.Ā Analysts attributed the surge to improved investor sentiment following a preliminary U.S.-U.K. trade deal and expectations of a more favorable regulatory environment for digital assets under President Donald TrumpĀ .
Technical analysts suggest that Bitcoin is positioned to test its all-time high again if it holds above key resistance levels, though risks remain if it drops below support at $93,780Ā .