$BTC Price Hits $100,000 for First Time Since February
The milestone comes as President Trump teased a "major trade deal" and Treasury Secretary Scott Bessent prepared for talks with China.Bitcoin has reclaimed the $100,000 price level for the first time since February amid upcoming US-China trade talks and a potential UK trade deal.
Standard Chartered analyst Geoff Kendrick believes Bitcoin will reach $120,000 by the end of Q2, potentially influenced by Federal Reserve interest rate decisions.
Institutional investment continues to grow with positive ETF inflows of $142 million on Wednesday, as global institutions increasingly view Bitcoin as a way to diversify from USD assets.