According to Bitwise’s CEO, the recent surge in Bitcoin prices is largely driven by institutional investment, even as retail interest appears to be declining. This shift in dynamics highlights the growing influence of large players in the crypto market. As institutional investors accumulate Bitcoin, the demand has pushed prices upward significantly. Market observers are keenly assessing how sustainable this growth trajectory will be amidst changing retail sentiments. The conversation around Bitcoin continues to evolve, showcasing its potential as a robust investment as it inches closer to the 95K mark.