Bitcoin has made a significant comeback, surpassing the $100,000 mark once again. At the latest trading figure, it stands at $101,715, sparking renewed interest among investors. The cryptocurrency has climbed 2% in the past day, with market optimism being fueled by intertwined political and market factors.
Analysts are showing confidence in Bitcoin's upward momentum, pointing to its limited supply and increasing institutional involvement as potential catalysts for reaching even higher values, including the prospect of achieving $104,000.
This movement highlights the dynamic interplay between Bitcoin's price and broader economic indicators, suggesting a period of potential gains and further market engagement.
Source : cryptotale.org ↗