Bitcoin has breached the coveted $100,000 mark, soaring past its recent highs and reaching a new multi-month peak. This explosive surge comes after brief hesitation and is fueled by expanding DeFi applications, increasing institutional investments, and positive market sentiment. Altcoins have experienced significant price increases as well. Reports suggest talks between China and the US are in progress to negotiate a tariff deal, adding to the bullish momentum. The asset has remained close to the six-digit entry territory for much of the day before finally breaking through to hit over $101,000. Bitcoin’s journey from below $80,000 just a month ago highlights its resilience and potential.