Bitcoin (BTC) has surpassed a major milestone, reaching a value of over $98,000. According to data from CoinMarketCap, BTC is currently trading at $98,012.97 on Binance's USDT market. This represents a significant increase from its previous value of around $96,000. The recent surge in BTC's value is attributed to several factors, including increasing institutional adoption, growing interest from retail investors, and the perception of BTC as a hedge against inflation. Many experts believe that BTC is still in a bull market and has the potential to reach even higher values in the future. The rise of BTC is seen as a major step forward for the cryptocurrency industry. It demonstrates the growing acceptance of BTC as a legitimate asset class and provides further evidence of its potential for long-term growth.