Speculation about Bitcoin potentially surpassing $100,000 in the near future has been fueled by several factors, including record-breaking trading activity in BlackRock's Bitcoin ETF and a broader crypto market rally. Recently, Bitcoin hit a new all-time high of over $93,000, and some analysts believe the $100K milestone could be within reach by the end of the year, though achieving it in the next 7 days remains uncertain. Key drivers include: BlackRock Bitcoin ETF Activity : The iShares Bitcoin Trust (IBIT) managed by BlackRock recently reported a single-day trading volume of $5 billion. This surge in activity is considered a significant factor in the broader rise of Bitcoin prices, as institutional interest in Bitcoin-backed ETFs grows Crypto Basic InsideBitcoins.com . Market Sentiment and Predictions : Betting platforms like Polymarket have increased the probability of Bitcoin reaching $100K by the year's end, reflecting strong market optimism InsideBitcoins.com . Broa...
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