Bitcoin Soars as Institutional Investments Drive Record Price Surge

Bitcoin witnessed a significant price surge this week, fueled by rising inflation concerns and massive investments from prominent firms like MicroStrategy and Metaplanet. This influx of capital, reaching over $765 million with MicroStrategy’s recent acquisition and an additional $104.8 million from Metaplanet, has propelled the cryptocurrency to levels never before seen. Experts predict a further rise in price, potentially exceeding $108,000, as demand continues to climb.