Bitcoin has reached a new all-time high of $109,800, buoyed by strong institutional inflows and positive regulatory developments. Nearly $1 billion was invested in Bitcoin ETFs in just two days, indicating increased confidence from institutional investors. Experts suggest this movement signifies a shift in investor sentiment, viewing Bitcoin more as a strategic investment rather than a purely speculative asset. Legislative progress in the U.S. regarding stablecoins further solidifies the digital asset's position, enhancing its role within the traditional financial system.
Bitcoin is pushing toward new highs with strong tailwinds behind it-from steady ETF inflows to a broader shift in political tone, according to Joe DiPasquale.
Bitcoin's ascent reflects a surge in momentum across traditional finance and political circles, backed by nearly $1 billion in inflows into Bitcoin ETFs.
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