Bitcoin (BTC) has surpassed $97,000 for the first time, according to data from Cryptonewsterminal Market Monitoring. As of writing, BTC is trading at $97,118.45 on the Binance USDT market. This is a significant milestone for Bitcoin, as it is the first time that the cryptocurrency has traded above $97,000. The previous all-time high for BTC was $96,735, which was set in November 2021. The recent surge in Bitcoin's price is likely due to a number of factors, including increasing institutional adoption, positive regulatory news, and a decrease in the supply of BTC on exchanges. As Bitcoin continues to gain mainstream acceptance, it is becoming increasingly likely that the cryptocurrency will continue to reach new heights.