Bitcoin has experienced a significant price jump, reaching over $102,700 and rising 9% for the week. This recovery has fueled hopes that Bitcoin may soon reach its previous all-time high of $108,000. The increase in Bitcoin's price is attributed to major players like MicroStrategy and Metaplanet buying more BTC. MicroStrategy recently purchased 1,070 BTC for $101 million, while Metaplanet plans to increase its holdings to 10,000 BTC. In addition, Bitcoin ETFs have seen substantial inflows, with Fidelity, BlackRock, and Ark Investment leading the way. Gemini has also resolved a lawsuit with the CFTC by paying a $5 million fine without admitting wrongdoing. Despite ongoing legal matters, these developments have not hindered the market rally. Investors are now looking for Bitcoin to break past $105,000 and move closer to its all-time high, signaling continued excitement in the market.



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