Bitcoin Breaks Above $111,000: Driven by Institutional Investment and Policy Shifts

Bitcoin’s surge past the $111,000 mark marks a significant milestone driven by substantial institutional investment and evolving macroeconomic factors. Recent policy shifts by the Federal Reserve, influenced by former President Trump’s pressure for rate cuts, have contributed to this upward movement. Moreover, MicroStrategy’s major Bitcoin acquisition further fueled market confidence, attracting more institutional players into the cryptocurrency arena. This bullish surge has also impacted broader cryptocurrency markets, with altcoins like Ethereum experiencing heightened volatility.