Bitcoin (BTC) has reached a significant milestone by surging back to $97,000. This remarkable rise is predominantly driven by geopolitical developments and growing institutional confidence in the cryptocurrency sector.
The renewed diplomatic efforts between the United States and Russia have played a crucial role in alleviating market fears, which in turn has contributed to Bitcoin's recent highs.
As the broader financial markets respond positively to these developments, many investors are closely monitoring for potential bull signals that could influence future market dynamics.