Bitcoin’s Surge Sparks Debate: Is FOMO Driving the Next Bull Run?

Last week saw a surge in Bitcoin prices, surpassing $100,000 and signaling a shift in market sentiment towards greed. Alongside this significant movement, several noteworthy events unfolded in the cryptocurrency sphere. One such development was New Hampshire becoming the first U.S. state to approve a strategic Bitcoin reserve, paving the way for institutional adoption. Furthermore, UFC star Conor McGregor’s proposal for Ireland’s Bitcoin strategy has amplified calls for governments worldwide to consider similar initiatives. đź’° While this could indicate burgeoning interest and potential market validation, it also highlights the possible influence of FOMO (Fear Of Missing Out) on Bitcoin’s trajectory.