Bitcoin has broken the $99,000 mark, pushing the market towards the psychological level of $100K. The growth was driven by three key factors: institutional demand (in particular, investments in Bitcoin ETFs such as the iShares Bitcoin Trust), geopolitical stability following news of a potential trade deal between the US and China, and also positive steps taken by states — for example, New Hampshire allowed investing reserves in BTC. This trigger mix activated demand and created favorable conditions for the continuation of the rally.
