$BTC Hello! Here are the latest updates on Bitcoin (BTC) and the cryptocurrency market:

Bitcoin Price:

Currently, the price of Bitcoin is around R$ 540,688.39 (USD $100,828.41). There has been an increase of about 4.17% in the last 24 hours.

Bitcoin surpassed the $100,000 mark for the first time since February, driven by news of a possible trade agreement between the USA and the UK.

Some analysts believe that Bitcoin may seek new all-time highs soon, while others warn of possible corrections after this strong rise.

News and Analysis:

Market Sentiment: The overall sentiment towards Bitcoin appears positive, with many investors and analysts optimistic about its appreciation potential.

ETF Flow: Bitcoin ETFs have recorded significant positive flows, indicating growing institutional interest.

Adoption: The state of New Hampshire has become the first in the USA to approve a cryptocurrency reserve, which is seen as an important step for institutional adoption.

Whales: The share of large Bitcoin holders (whales) has increased, with recent purchases driving the price. However, this also raises concerns about possible mass sell-offs.

Correlation with Gold: The correlation between Bitcoin and gold has increased, suggesting that some investors see it as a safe-haven asset amid economic uncertainties.

Technical Analysis: Technical analysis suggests that Bitcoin has broken through important resistance levels and may continue its upward trajectory, targeting the $105,000 mark and potentially new all-time highs. However, some indicators also point to a possible long-term bearish divergence.

Other News:

MicroStrategy continues to increase its Bitcoin holdings, raising its stakes to about $41 billion.

Strive Asset Management is merging with Asset Entities to form the first public Bitcoin asset management company.