Bitcoin is approaching $100k 🚀

With Bitcoin's price hovering around $97,000, several factors are influencing its trajectory:

• U.S.-China Trade Talks: Upcoming negotiations between the U.S. and China are easing trade tensions, boosting investor confidence in risk-sensitive assets like cryptocurrencies.

• State-Level Crypto Adoption: New Hampshire has become the first U.S. state to establish a cryptocurrency reserve, allowing up to 5% of public funds to be invested in digital assets like Bitcoin.

• Institutional Investments: MicroStrategy continues to expand its Bitcoin holdings, signaling strong institutional belief in the cryptocurrency's long-term value.

• Regulatory Developments: The UK's draft legislation aims to tighten crypto regulations, seeking feedback from industry stakeholders to balance innovation and oversight.