#BTCBackto100K Bitcoin has indeed surpassed the $100,000 mark, reaching $101,293, a 5.3% increase in the past 24 hours. This milestone marks the first time Bitcoin has breached the $100,000 threshold since February. Several factors contribute to this surge ¹:

- *Growing Investor Confidence*: Investors are becoming more confident in riskier assets, such as cryptocurrencies.

- *Trade Agreement*: The announcement of a new trade agreement between the US and the UK has positively impacted the cryptocurrency market.

- *Geopolitical Sentiment*: Improving geopolitical sentiment is driving the surge, with investors welcoming signs of de-escalation in trade tensions.

Some analysts predict Bitcoin's momentum could continue, while others caution that it may face selling pressure from less committed investors at the $100,000 level. However, surpassing this threshold could attract new investors ².

The current market data shows ³:

- *Current Price*: $101,206.05

- *Market Cap*: $1.93 trillion

- *Percent Change*: 5.05%

Keep in mind that cryptocurrency markets can be highly volatile, and prices may fluctuate rapidly.