Bitcoin (BTC), the largest cryptocurrency by market capitalization, is on the verge of reaching the much-anticipated $100,000 mark. During Saturday's trading session, Bitcoin hit intraday highs of $99,044, following Friday's peak of $99,543. Despite coming within $140 of the milestone, BTC has yet to breach this psychological barrier.
Michael Saylor, co-founder and chairman of MicroStrategy, took to Twitter, saying, "The price of BTC is still less than $0.1 million," emphasizing that the $100,000 milestone is tantalizingly close. Bitcoin’s recent surge has been fueled by growing investor confidence, bolstered by the introduction of options on U.S. exchange-traded funds (ETFs).