Bitcoin broke through the psychologically significant threshold of $100,000 on Wednesday following news that the U.S. strategic reserve bills have been passed into law. This surge comes amidst a strengthening market environment for cryptocurrency and with President Trump’s announcements about potential trade deals further boosting investor confidence. Analysts believe that Bitcoin (BTC) could hold support around $100,000 after its recent price rally. The positive momentum is being driven by the anticipation of broader adoption within traditional finance as well as advancements in regulatory clarity, with a focus on establishing strategic Bitcoin reserves at both state and federal levels. Key developments include: – The U.S. has passed legislation allowing states to create Bitcoin reserves, a significant step towards increasing institutional use of Bitcoin. – Recent changes by the Office of the Comptroller of Currency (OCC) allow banks to engage in cryptocurrency activities for their customers, furthering market development. – Spot Bitcoin ETF inflows continue to surge as well as investment from publicly listed companies, further fueling positive sentiment. )