On Friday, January 17, Bitcoin (BitfinexUSD) rose 3%, reaching $102,000 during the session, a new high since January 7. Coinglass data shows that in the past 24 hours, more than 100,000 people in the cryptocurrency market have been liquidated, with a liquidation amount of $329 million. On the news front, Oklahoma proposed a bill proposing the establishment of a strategic reserve of Bitcoin. Prior to this, five states in the United States have proposed similar legislation aimed at establishing Bitcoin as a strategic reserve. Dennis Porter, founder of the Bitcoin advocacy organization Satoshi Action Fund, who is helping to formulate these bills, said that the goal of getting 12 states to introduce Bitcoin reserve legislation is halfway done. According to the "Top Ten Market Predictions" recently released by HashKey Group, a digital asset financial service provider, the total market value of cryptocurrencies will reach $10 trillion in 2025, and Bitcoin will reach $300,000.