Bitcoin Surges Above 96 Thousand as Institutional Interest Grows
Bitcoin has surged past 96,000 dollars, a price point not seen since November 2024. This rapid growth is fueled by increasing institutional demand and alleviating macroeconomic concerns. Investors are flocking to Bitcoin as a store of value in uncertain times, with many seeing it as a hedge against inflation. The upward trend in Bitcoin’s price signals strong confidence from both retail and institutional buyers, suggesting that the cryptocurrency market may be on the brink of significant expansion.