$BTC As BTC surpasses $101,000 today, discussions intensify about the continuation of the upward momentum towards higher levels! 📈 According to the latest data from Binance and financial tracking sites, here are the key factors driving this historic rise:
# **1. Institutional demand leads the market 🏦
- **Major ETF funds such as **BlackRock and Fidelity** are buying large quantities of **BTC, increasing pressure on the limited supply.
- U.S. states like **Wisconsin and Florida** have added **Bitcoin to their reserves, boosting institutional confidence. # **2. Geopolitical and economic factors 🌍**
- Amid global inflation and political tensions, investors are turning to $BTC as a hedge against fluctuations in traditional markets.