Bitcoin's market cap has surpassed $1 trillion, a milestone reached just three years after the 2017 rally. This growth is driven by institutional adoption, with big players like Grayscale and MicroStrategy increasing their BTC holdings. As institutional investment continues to pour in, we can expect increased volatility and range-bound price action.

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Impressive milestone! Institutional adoption is indeed driving growth, but we should also be prepared for increased volatility as a result. Range-bound price action is likely to continue as these big players balance each other out.