#BTCBreaks99K #BTCBreaks99K Bitcoin has indeed broken the $99,000 mark and is currently trading at $102,762.26, with a 5.04% increase in the last 24 hours. This surge is driven by renewed institutional demand and optimism over US-China trade talks. Here's what's driving the momentum ¹:
- *Key Factors:*
- *Institutional Investment*: Growing interest from large financial institutions, with major banks and brokerage platforms offering more ways to buy and sell Bitcoin.
- *Corporate Accumulation*: Companies investing in Bitcoin, viewing it as a valuable long-term asset.
- *Macroeconomic Uncertainty*: Bitcoin's perceived value as a digital gold, attracting investors seeking alternatives to traditional assets.
*Market Performance:*
- *Current Price*: $102,762.26
- *Market Cap*: $1.93 trillion
- *24-hour Trading Volume*: $47 billion