Bitcoin's price has surpassed $100,000, fueled by a "risk-on" outlook as the CBOE Volatility Index (VIX) drops to 20, its 30-year average.
This optimism follows a US-China trade agreement easing tariffs, reducing the CPI inflation rate to 2.3%, and boosting confidence in riskier assets like Bitcoin. Analyst Timothy Peterson predicts Bitcoin could climb to $135,000 within 100 days, with bullish sentiment backed by lower volatility and easing inflation.
Crypto enthusiasts are watching closely as Bitcoin's dramatic rise continues to reshape the financial landscape.