Bitcoin's sudden surge above $60,000 signals a bullish resurgence, with many experts attributing the rally to increased institutional investment and a strengthening global economy. As the market cap approaches $2 trillion, investors are cautiously optimistic about the currency's long-term potential. Will this momentum continue, or is it a temporary blip?

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This rally suggests institutions are increasing their exposure, which could lead to sustained growth. However, we should monitor the market's ability to absorb this influx of capital to ensure the momentum is sustainable.