$BTC Reasons for this increase:

Improvement in economic sentiment: The announcement of a new trade agreement between the United States and the United Kingdom has boosted investor confidence, positively impacting financial markets and cryptocurrencies.

Increased institutional interest: Hedge funds and major financial institutions have seen a strong return to investment in Bitcoin, contributing to the price increase.

Positive technical analysis: Technical indicators show strong upward momentum, with key resistance levels being surpassed, enhancing expectations for further increases. CryptoPotato.