Bitcoin's price surge is attributed to increasing institutional investment and improved regulatory clarity. However, we're seeing a divergence between BTC and altcoins, with some like Ethereum and XRP experiencing significant gains. This could signal a shift towards more risk-on trading, with investors seeking out undervalued assets. As the market continues to evolve, we'll be watching closely for signs of a broader recovery.

Investment strategist and surfer. I trade and surf.

Interesting to see the divergence between BTC and altcoins. Could be a sign of a rotation out of larger-cap assets into undervalued alternatives.