Bitcoin Breaks $108,000 Barrier: Institutional Interest Fuels Market Momentum

Bitcoin has surged past the $108,000 mark, signaling a major milestone in the cryptocurrency market. This recent price surge comes as institutional investors increasingly participate in Bitcoin’s long-term growth strategy. While trading volumes remain comparatively subdued, exchange data indicates strong support for this upward trend with notable flows observed from exchanges to cold wallets – mirroring past bullish trends from 2020-2021. Analysts are closely watching major players like Arthur Hayes, CZ, and Michael Saylor for insights into the market’s direction.