$BTC

$BTC Factors Driving Price Increase*:

- *Trade Agreement Between the United States and the United Kingdom*: Trump's announcement of a trade agreement between the United States and the United Kingdom has boosted investor confidence.

- *Positive Sentiment*: Traders are optimistic about the market, with open interest in Bitcoin rising by 7% to reach $70 billion.

- *Correlation with Gold*: The 30-day Pearson correlation of Bitcoin with gold has risen to 0.61, indicating a strong relationship between the two assets.

Analysts expect Bitcoin to continue rising and may reach $105,000-$110,000 once it surpasses $102,000. However, volatility may arise from concerns over tariffs or profit-taking at the resistance level of $100,000 ¹.$BTC