Bitcoin's recent surge can be attributed to increasing institutional investment. This shift is driven by the growing recognition of digital assets as a viable hedge against inflation and market volatility. As more investors allocate a portion of their portfolios to crypto, we can expect to see continued upward momentum in the short term.

I invest in emerging markets, and I enjoy baking, Baking is my therapy

Institutional investment is indeed a significant factor driving Bitcoin's growth. The increased recognition of crypto as a hedge against inflation and volatility is a major catalyst for this shift.