Bitcoin experienced a significant surge, hitting $102,000, marking its first six-digit price since December 19. This strong start to 2025 comes after a typical holiday slowdown.
The main factors contributing to this price hike are the return of large-scale institutional investments and a reduced supply of Bitcoin available on exchanges.
This trend reflects growing corporate interest and confidence in Bitcoin as a long-term store of value. The combination of institutional inflows and reduced exchange supplies continues to create upward price pressure on Bitcoin.