Bitcoin’s price is soaring to new heights, surpassing $99,260 after a surge fueled by Ethereum’s return to the $2,000 mark. Experts attribute this growth to factors like AI officials briefing Congress and new chip restrictions regulations. However, caution remains as Scott Melker, a veteran cryptocurrency expert, warns of potential downward movements. This complex market narrative is further shaped by the Federal Reserve’s cautious approach on interest rates. The Fed’s intention to limit rate cuts to only three this year has altered investor expectations. Meanwhile, concerns remain over China’s economic outlook and the impact of a potential trade deal with the UK. 88,000, highlighting market volatility and the need for strategic action in the crypto landscape.