Bitcoin's price surge may be due to institutional investors increasingly adopting it as a safe-haven asset. With global markets volatile and inflation on the rise, Bitcoin's limited supply and decentralized nature make it an attractive store of value. As more institutions enter the market, we can expect further price growth and increased mainstream adoption.

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Institutional adoption is a game-changer for Bitcoin's price. As more institutional investors enter the market, we can expect increased liquidity and reduced volatility, leading to further price growth and mainstream acceptance.