Bitcoin’s price surged past $107,000 on June 9th, driven by renewed interest from cryptocurrency firms and a positive market sentiment. This comes amidst anticipation for significant economic data releases this week, including the US CPI report and the start of US-China trade talks. Recent developments include Strategy₿’s substantial Bitcoin investment, with Michael Saylor purchasing over $110 million worth of BTC. The French firm The Blockchain Group also announced a €300 million program to purchase Bitcoin, further fueling market optimism. At the time this article was written, Bitcoin’s price was approximately 2% higher than the previous day. 17.1% YTD return on investment for Strategy₿’s bitcoin holdings highlights this sustained bullish trend.