Bitcoin Hits $97,000: Institutional Investments Drive Four-Year Dominance High

Bitcoin’s remarkable surge to $97,000 has reached a milestone not seen in four years, fueled by substantial institutional investments. This rise marks a shift in market dynamics as Bitcoin dominance climbs to new heights. 📈 This trend is driving changes in cryptocurrency trends, with less emphasis placed on other cryptocurrencies and DeFi products. The key drivers behind this upward movement include strategic acquisitions by major firms like Strategy and increasing ETF inflows from institutions. These actions signify a growing confidence in Bitcoin’s future as the dominant force in the crypto market. 📈