Bitcoin Breaks Through $103,000 Barrier: Institutional Investment Fuels Bullish Rally

Bitcoin has soared past the $103,000 mark, signaling a significant bullish breakout from its previous consolidation phase. This surge is fueled by institutional investors and large-scale holders aggressively buying into the market. 344,620 new wallets have recently been created, reflecting growing retail interest driven by the recent price increase and rising institutional confidence.