Bitcoin Breaks $100,000 Barrier as Institutional Investment Fuels Bull Run

Bitcoin has reached a landmark milestone, surpassing the $100,000 mark this week. This surge is fueled by significant institutional investment, particularly following the approval of Spot Bitcoin ETFs by the SEC in 2024. This shift from retail-driven market dynamics to more institutionally driven forces marks a significant change in Bitcoin’s trajectory and broader financial markets. Analysts anticipate lasting effects on asset classes like gold and the US dollar.