$BTC #BTCBackto100K Bitcoin Performance: Surpassing $103,000

Bitcoin has recorded a notable increase, exceeding a price of $103,000, supported by strong institutional inflows and optimism regarding U.S. policies favoring digital currencies. This rise reflects growing interest from institutional investors, with an increase in options trading listed on the Deribit platform, indicating a growing confidence in the market.

---

🏛️ Regulatory Developments: Texas Adopts a Strategic Bitcoin Reserve

The Texas House of Representatives passed Bill SB 21, which proposes the establishment of a strategic reserve for Bitcoin. This legislation aims to enhance the state’s position as a major hub for digital currencies in the United States.

---

🌍 Global Support: Trade Agreements and Institutional Adoption

Former U.S. President Donald Trump announced a major trade deal with the United Kingdom, boosting investor optimism and driving Bitcoin toward record levels. Inflows into exchange-traded funds also contributed to the upward momentum of the currency.