#BTCBreaks99K Bitcoin has indeed broken the $99,000 mark, currently trading at $102,571.42 with a 3.98% increase in the last 24 hours. This surge is attributed to various factors, including ¹ ² ³:

- *Positive Market Sentiment*: Growing optimism around US-China trade talks and potential major trade deals has contributed to the price increase.

- *Institutional Momentum*: US spot Bitcoin ETFs recorded significant net inflows, and companies like Metaplanet are accumulating more Bitcoin, indicating strong institutional interest.

- *Macroeconomic Signals*: The Federal Reserve's decision to hold interest rates steady has also supported the price surge.

Analysts predict that Bitcoin could reach $100,000 soon, driven by ⁴ ³ ⁵:

- *Strong ETF Inflows*: Consistent inflows into Bitcoin ETFs, with over $4.6 billion entering in the last two weeks, indicate growing demand.

- *Legislative Progress*: The passage of Bitcoin-reserve bills in some US states and growing governmental acceptance of Bitcoin contribute to the positive sentiment.

- *Market Indicators*: Bitcoin's realized capitalization has reached a record high of $889 billion, reflecting increased investor confidence and capital inflows.

Overall, Bitcoin's price movement is influenced by a combination of market sentiment, institutional investment and macroeconomic factors ³.