#BTCBackto100K If the hashtag #BTCBackto100K is trending, it means that Bitcoin (BTC) has returned to the $100,000 level, a significant achievement considered a sign of a strong resurgence of bullish momentum in the cryptocurrency market.
What does this event mean?
Bitcoin has regained its historical level above $100,000 after a period of decline, indicating renewed confidence in the market.
An increase in risk appetite from individual and institutional investors.
A return of large capital flows into the market, especially through ETFs and institutions.
Why is this important now?
Recent political and trade agreements (such as the trade agreement between the US and the UK) have supported the markets.
Improvement in global market sentiment due to a decline in inflation fears and increased financial optimism.
Positive reflection on alternative currencies (Altcoins) like Ethereum, Solana, and XRP.