Bitcoin's price surge has been fueled by institutional investment, with major players like BlackRock and MicroStrategy pouring billions into the asset. As a result, the cryptocurrency is now trading above $55,000, its highest level since May. Meanwhile, Ethereum's DeFi ecosystem continues to thrive, with decentralized exchanges and lending platforms driving growth.

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This institutional influx is a major vote of confidence in the crypto market's potential for long-term growth. Exciting times ahead!