Bitcoin, the world's most popular cryptocurrency, has reached a new milestone, surpassing the $101,000 mark. According to Coinys market monitoring, Bitcoin is currently trading at $101,086.8 on the Binance USDT market. This marks a significant increase in value for Bitcoin, which has been steadily rising in price over the past few months. The rise in Bitcoin's price is attributed to several factors, including increasing institutional adoption, growing demand from retail investors, and the limited supply of Bitcoin. With its limited supply of 21 million coins, Bitcoin is seen as a store of value similar to gold. As more and more investors seek to diversify their portfolios and hedge against inflation, they are turning to Bitcoin as a safe haven asset.