Bitcoin’s price has shattered a new record, soaring past $103,000 and reaching an impressive peak of $103,675. This surge in value signifies increasing institutional confidence and market enthusiasm for cryptocurrency as a hedging tool against economic uncertainty. The digital currency surged by 1.04% over the last 24 hours, marking a significant milestone in its history. Experts suggest that this upward movement is driven by substantial participation from large investors, who are increasingly deploying their assets within spot ETFs and embracing Bitcoin as a store of value amid favorable macroeconomic conditions. Emily White, Cryptocurrency Analyst at YCharts, acknowledged, ‘Despite facing hurdles to surpass the $105,000 mark, Bitcoin’s price strength signals resilience among institutional players.’ ]