$BTC Bitcoin (BTC) is currently trading at approximately $104,125, reflecting a 0.21% increase over the previous close. The cryptocurrency reached an intraday high of $105,525 and a low of $103,719.

This upward movement aligns with broader market optimism following the recent U.S.-China tariff truce, which has bolstered investor confidence across various asset classes. Additionally, significant institutional investments, such as MetaPlanet's acquisition of 1,241 BTC, have contributed to the bullish sentiment.

Analysts suggest that if current trends continue, BTC could test resistance levels around $112,000 in the near term. However, market participants remain cautious, monitoring for potential profit-taking and policy shifts that could impact momentum.

Stay informed on BTC's performance as it navigates these dynamic market conditions.