#MarketRebound Bitcoin's price has surged by approximately 4.07%, currently trading around $98,069. Earlier in the day, Bitcoin reached an intraday high of $99,403, showcasing strong bullish momentum.

This rally comes after recent market corrections and appears to be driven by:

Institutional Buying: Increased activity following the approval of Bitcoin spot ETFs.

Macroeconomic Stability: Favorable inflation data in the U.S. improving market sentiment.

Holiday Trading Volumes: Historically, the crypto market sees spikes during low-liquidity periods, such as holidays.

#BTC psychological threshold of $100,000 is now within reach.

If buying momentum persists, Bitcoin could break through $100,000 by the day's end.

Unexpected market news or profit-taking could push prices back to $95,000 or lower.