Bitcoin has experienced a substantial surge, exceeding the $99,000 mark and setting new highs. Recent trading volume has jumped significantly, reaching over $46 billion in the last 24 hours – a 44.73% increase – indicating strong market interest and potential institutional involvement. This rise has also propelled Bitcoin’s market cap to $1.96 trillion, with its fully diluted valuation standing at $2.07 trillion. Limited supply (19.86 million out of 21 million total) further contributes to upward pressure on prices. Analysts have noted the approaching psychological barrier of $100,000, which many anticipate will either drive momentum or trigger profit-taking in the coming days.