$BTC Bitcoin (BTC) has surged past the $100,000 mark for the first time since early February 2025, currently trading around $102,941. This rally reflects a 4.2% increase over the past 24 hours, with intraday highs reaching $103,513 and lows at $98,753. 

📈 Factors Driving the Surge

• Trade Optimism: Bitcoin’s rise is partly attributed to renewed investor confidence following President Trump’s announcement of a preliminary trade deal with the U.K., signaling a possible shift toward growth-friendly policies . 

• Institutional Inflows: Signs of increased institutional investment have also contributed to the bullish momentum . 

• Technical Indicators: Technical analysis shows strong bullish signals, with the relative strength index (RSI) above 70, indicating potential short-term overbought conditions .