Bitcoin has surged above $107,000, its highest since January, prompting investors to cash in as they eye a potential record high of around $109,400. This rise comes amid uncertainty following Moody's downgrade of the US credit rating, which has raised concerns about national debt.Additionally, the ongoing trade dispute between the US and China remains a critical factor for investors, despite recent tariff reductions. Continued developments in this area could influence Bitcoin's appeal as a risky investment.