Bitcoin Reaches New All-Time High of $122,000

Bitcoin has hit a historic milestone, soaring past the $122,000 mark and setting a new all-time high. This surge is driven by renewed investor optimism and the growing presence of institutional investors, who are significantly increasing their Bitcoin holdings. The rally comes after weeks of strong buying pressure fueled by limited supply, bringing the cryptocurrency to previously uncharted territory. Analysts predict further gains may be on the horizon.