#BTC突破99K Bitcoin surged to $101,000! What should we do now? Let's have a quick chat

Brothers! Bitcoin recently shot up to $101,000 (that's right, six figures!), and I guess many people are both excited and anxious. Let's briefly discuss what's going on and what we ordinary folks should do👇

Why did it suddenly skyrocket?

1️⃣ Large institutions are buying like crazy: A few Bitcoin ETFs in the U.S. (like ARKB, FBTC) are raking in money daily, and institutional bigwigs are really willing to buy. The total holdings have now exceeded $110 billion!

2️⃣ Bank interest rates are too low: The Federal Reserve refuses to lower interest rates, and keeping money in the bank is worse than throwing it into Bitcoin, as we bet it can withstand inflation.

3️⃣ International situation is chaotic: India and Pakistan have been in turmoil recently, and some people feel that gold is not exciting enough, so they turn to buy Bitcoin as a safe haven.