Bitcoin ($BTC) is making headlines again as it surges past the $86,000 mark, gaining 3.43% over the weekend. This impressive rally has sparked renewed optimism among traders and investors, pushing Bitcoin closer to its all-time high.

If this momentum continues, Bitcoin could soon challenge its record high of $109,114.88. For now, all eyes are on the market’s next move as both macroeconomic factors and investor sentiment drive Bitcoin’s path forward.

The sudden spike comes amid rising global tensions, particularly the ongoing trade conflict between the U.S. and China. As traditional markets remain volatile, many investors are turning to Bitcoin as a safe haven and hedge against inflation. With the U.S. dollar under pressure, Bitcoin’s rising value reflects growing trust in the top digital asset.

What’s more, institutional interest is playing a key role in this upward trend. Increased participation from large-scale investors and financial entities has helped Bitcoin break past previous resistance levels, setting the stage for continued bullish movement.