#BTCBreaks99K

Bitcoin (BTC) has recently surged past the $99,000 mark, approaching its all-time high of $100,000. As of the latest data, BTC is trading at approximately $99,345, with a daily high of $100,131 and a low of $95,959.

This rally is attributed to several factors:

Institutional Adoption: There's been a significant influx of institutional investors into Bitcoin, with major firms like BlackRock and Fidelity launching Bitcoin ETFs. On November 21, 2024, U.S. spot Bitcoin ETFs experienced a surge in inflows, reaching $1 billion, as Bitcoin neared the $100K mark