Bitcoin’s recent surge, exceeding $104,000, has ignited a wave of bullish sentiment. Experts attribute this rise to institutional demand for Bitcoin, positive inflation data, and the Coinbase listing on the S&P 500 index. This move signals the crypto industry’s increasing integration into traditional finance. Coinbase’s entry onto the esteemed stock index boosted its share price by a staggering 24%, demonstrating its growing influence in the world of finance. The anticipated effect is expected to be a significant influx of capital from institutions. Joel Kruger, market expert at LMAX Group, explained that Coinbase’s inclusion marks the first time a crypto company has joined a major U.S. financial index, signifying a real shift towards mainstream adoption. He emphasized its impact on investors, stating it goes beyond mere speculation and proves that traditional finance is seriously taking interest in crypto. 24-hour trading volume for Bitcoin currently stands at $49.37 billion, indicating continued market activity.