According to ChainCatcher, Bitcoin has surpassed the $97,000 mark this week, breaking through a significant resistance level that had existed for nearly two months. Although it had previously lagged behind the stock market and precious metals, it has finally exceeded the $95,000 level, a threshold that has limited its increase since November.

As the likelihood of the U.S. dollar continuing to depreciate drives precious metal prices higher, Bitcoin's low price compared to precious metals may stimulate a capital shift towards digital assets, and market sentiment has turned "greedy." Legally, the U.S. Senate Banking Committee has postponed the amendment of the bill regarding the structure of the crypto market, and Coinbase has withdrawn its support for this bill, which could impact the crypto market.#btc $BTC