Bitcoin (BTC) has continued its upward trajectory, surpassing the $98,000 mark for the first time in history. According to data from CoinMarketCap, BTC is currently trading at $98,044.06, up by over 7% in the past 24 hours. This latest surge in BTC's price comes on the heels of a broader rally in the cryptocurrency market. The total market capitalization of all cryptocurrencies has now surpassed $3 trillion for the first time ever, fueled by increasing institutional adoption and retail investor interest. Analysts attribute BTC's recent gains to a combination of factors, including decreasing supply and high demand. The upcoming launch of Bitcoin ETFs is also expected to further boost BTC's price in the coming weeks and months. If BTC continues to maintain its current momentum, it could soon reach the highly anticipated $100,000 milestone. This would represent a significant psychological barrier for the cryptocurrency, and could trigger even further buying interest. However, it is important to note that the cryptocurrency market is highly volatile, and BTC's price could experience significant fluctuations in the future.

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