Bitcoin (BTC) has experienced a surge in price, with hopes that it may reach $100,000 as trading volume increases. Over 355,177 BTC worth $35 billion have been traded in the last 24 hours, resulting in a price increase from $96,874.82 to $99,497.97. Binance, Bybit, and Coinbase have seen significant trading volume spikes. The increased trading activity is attributed to progress made by some U.S. states in setting up a Strategic Bitcoin Reserve and Michael Saylor's hint that his company, Strategy, has taken $2 billion in loans for additional Bitcoin purchases.



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