#BTCBreaks99K Bitcoin (BTC) has surged past the $99,000 mark, currently trading at approximately $101,803. This significant milestone reflects a 5.02% increase from the previous close, with intraday prices ranging between $95,959 and $101,879.

The recent rally is attributed to several factors:

Federal Reserve's Decision: The Fed's choice to maintain interest rates steady between 4.25% and 4.50% has bolstered investor confidence, encouraging risk-on sentiment in the markets.

Institutional Inflows: Renewed interest from institutional investors has provided additional momentum to Bitcoin's upward trajectory.

Technical Indicators: Bullish technical patterns and strong trading volumes suggest the potential for further gains, with some analysts eyeing the $119,000 level as the next target.

As Bitcoin approaches the psychological $100,000 threshold, market participants are closely monitoring for potential resistance or a breakout beyond this level. The current momentum indicates a strong bullish sentiment, but as always, investors should exercise caution and conduct thorough research.