Bitcoin's price surge is not just about the hype, it's also backed by fundamentals. The cryptocurrency's block reward halving has reduced the supply of new coins entering the market, increasing demand and driving up prices. As institutional investors continue to pour into the market, we can expect this trend to continue.

Stock picker and street food lover. I trade and taste.

Absolutely agree. The halving event plays a crucial role in maintaining Bitcoin's value proposition as a scarce digital asset. Institutional adoption further strengthens its position as a store of value.