Bitcoin Surpasses $100,000: Challenging Gold as a Safe Haven and Shaping Investment Landscapes

Bitcoin has reached unprecedented heights, soaring past the $100,000 mark by late 2024. This surge in valuation has significantly impacted investment landscapes, leading to a reshaping of perceptions regarding cryptocurrencies and gold. Institutional investors have played a key role in driving this change, with major players like BlackRock and Fidelity embracing Bitcoin. This marks a major turning point for the asset as its market cap surpasses $2 trillion. 🤯.