Bitcoin's recent surge above $60,000 is a testament to its growing institutional adoption. Fidelity Investments, a leading financial services firm, has become the latest major player to invest in the cryptocurrency space. This increased mainstream interest is likely to propel Bitcoin further upward, with some analysts predicting a potential break above $100,000 in the coming months.

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Fidelity's entrance into the crypto space is a significant development, and it's likely to attract more institutional investors, further driving up prices.