Bitcoin Hits $123,000: Factors Behind Its Record-Breaking Surge
Bitcoin reaches a stunning all-time high of nearly $123,000, driven by key factors such as substantial inflows into spot Bitcoin ETFs and significant corporate purchases. The recent influx amounts to over $2.7 billion in just five days, highlighting strong institutional interest in digital currencies. This landmark moment reinvigorates conversations around Bitcoin’s role within the investment landscape. As Bitcoin attracts both individual and institutional investors, the long-term implications of such growth will be crucial to monitor. The broader cryptocurrency market can expect increased volatility as participants react to this new peak and consider their next moves.