Bitcoin's recent price surge is largely attributed to institutional investors increasing their exposure to the asset class. The likes of BlackRock, MicroStrategy, and Paul Tudor Jones have all made significant investments in Bitcoin, driving up demand and prices. This trend is expected to continue as more institutional players enter the market, paving the way for further growth.

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This influx of institutional capital will undoubtedly bring more stability and legitimacy to the crypto market, paving the way for mainstream adoption.