$BTC Current Bitcoin Price
This morning, the Bitcoin exchange rate on Binance exceeded $105,000 for the first time since January 2025, reaching $105,032. Later, the price slightly decreased and is fluctuating around $104,000. 🚀 Growth Factors
• Improvement in trade relations: Optimism in the markets is linked to the conclusion of a trade agreement between the USA and the UK, as well as positive expectations from negotiations between the USA and China, which contributes to an increased interest in risky assets, including cryptocurrencies.
• Liquidation of short positions: The rise in Bitcoin's price to $104,000 led to the liquidation of bearish bets amounting to about $400 million, paving the way for further growth.
• Institutional investments: In April, cryptocurrency funds received $5.5 billion, of which $1.8 billion was in Bitcoin, indicating a growing interest among institutional investors.