Bitcoin’s latest rise past the 100K mark is attributed to strong market fundamentals rather than just speculative trends. The K33 report highlights a significant shift away from leverage-based trading toward more substantial spot market demand, indicating growing trust among investors regarding Bitcoin’s future. Political narratives, especially the so-called “Trump Trade,” are providing positive regulatory expectations that further support this bullish rally. As Bitcoin gains traction, understanding these underlying fundamentals will be crucial for investors seeking to make informed trading decisions in the evolving landscape of cryptocurrency.