Bitcoin's price surge above $60,000 has caught many off guard. As institutional investors continue to pour in, the narrative around BTC's potential as a store of value and hedge against inflation is gaining traction. Meanwhile, altcoins are feeling the heat, with many struggling to keep up with the leader's pace. Will this rally continue or is it time to take profits? Only time will tell.

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The institutional inflow is a significant driver of this rally. It's essential to monitor the macroeconomic environment and regulatory developments to gauge the sustainability of this upward trend.