Bitcoin ($BTC ) continues to showcase its dominance in the cryptocurrency market, experiencing a strong 6.16% price increase in the last 24 hours, bringing its value to $102,698. Over the past week, BTC has gained 8.37%, further solidifying its upward momentum. With a 24-hour trading volume of $108.11 billion and a circulating supply of 20 million BTC, Bitcoin’s market cap now stands at an impressive $2.03 trillion.
As Bitcoin inches closer to new potential highs, many investors are debating the drivers behind this recent rally. Is this surge fueled by macroeconomic trends, institutional buying, or a shift in investor sentiment towards safe-haven assets?
Could Bitcoin's rising price signal the start of another extended bull run, or will market resistance levels slow down its growth?
What are your thoughts on Bitcoin's recent performance and its ability to sustain this upward trajectory in the evolving crypto landscape?