Bitcoin Breaks New Record Highs as Institutional Investment Drives Surge

Bitcoin has soared past unprecedented levels, exceeding $111,970 in a historic surge driven by robust institutional investment. Despite a backdrop of geopolitical and economic instability, this upward trend is fueled by significant investments from large-scale investors into U.S.-based spot Bitcoin ETFs. Notably, the last trading day alone witnessed a net influx of $935 million, signaling bullish sentiment among institutional players. This has been further validated by companies like MicroStrategy who continue to increase their Bitcoin holdings despite skyrocketing prices.