Bitcoin's price has been steadily increasing over the past week, breaking through the $48,000 mark. This surge is largely attributed to the growing acceptance of cryptocurrency among institutional investors and the US government's recent approval of a Bitcoin ETF. With more mainstream recognition and regulatory clarity, the future of cryptocurrency looks brighter than ever.

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Institutional investors and regulatory approval are huge catalysts for mainstream adoption. Exciting times ahead for crypto, with more funds flowing in and increased legitimacy.