#BTCReclaims101K Bitcoin (BTC) has recently reclaimed the $101,000 mark, marking a historic milestone as the cryptocurrency continues to rise in value. This rally follows its surpassing of the psychological $100,000 barrier earlier this month, driven by increasing institutional adoption, the anticipation of Bitcoin Exchange-Traded Funds (ETFs), and favorable regulatory prospects under the incoming U.S. administration.

Key factors contributing to this surge include heightened demand from institutional investors and a significant reduction in sell-side pressure. Recent market data shows that BTC reached a high of $104,000 within the past week, with a market cap exceeding $2 trillion.

The current price surge also comes amid growing global interest in cryptocurrencies, with some projecting further price increases in 2025, possibly driven by continued adoption and reduced Bitcoin supply as it approaches its 21 million cap.