#BTCBackto100K Bitcoin is once again gaining strong momentum, thanks to strong interest from institutional investors. Over the past 5 days, the price of this cryptocurrency has increased nearly 10%. While the U.S. government is taking steps to ease trade tensions, including reaching an agreement with China, concerns remain high due to the unstable macroeconomic situation.

Interestingly, Bitcoin has outperformed gold in terms of price volatility this month. In the past 24 hours, this cryptocurrency has seen a surge of over 3.54%, trading at a price of $103,000, according to data from CoinMarketCap. Analysts believe that the recent price increase of Bitcoin is largely due to strong cash flow from institutions flowing through spot ETFs.