#BTCBreaks99K

Bitcoin has surpassed $99,000 USD, approaching the psychological threshold of $100,000 for the first time since February. This surge is attributed to the confirmation of a trade agreement between the U.S. and the U.K., announced by President Donald Trump, and to the Federal Reserve's decision to keep interest rates stable. These factors have rekindled the appetite for risk assets, driving Bitcoin and other cryptocurrencies higher. Additionally, a significant short position liquidation was observed, contributing to the price increase. Technical analysts indicate that if the momentum is maintained, Bitcoin could reach new highs in the coming weeks.