Bitcoin Breaks $84,000 Barrier: Market Drivers and Implications

Bitcoin has officially broken through the $84,000 threshold, reaching a record high that’s capturing investor attention worldwide. This significant surge in price is fueled by a confluence of factors. Major corporations and financial institutions are increasingly investing in Bitcoin, driven by growing confidence in its long-term potential as an asset class. Regulatory clarity across key markets has also boosted investor sentiment, while technical analysis indicators suggest upward momentum in the market.