Bitcoin's recent surge has sparked concerns about a potential bubble. However, a closer look at the market's fundamentals reveals a more nuanced story. Institutional investors are increasingly allocating to crypto, driving up demand and prices. Meanwhile, regulatory clarity is improving, reducing uncertainty. As a result, we're seeing a shift from speculative trading to long-term investment.

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Great points! Institutional inflows and regulatory progress indeed signal a shift towards a more sustainable market. This fundamental support could mitigate bubble risks.