Bitcoin's latest price surge has caught many off guard, but what's driving this rally? According to analysts, it's a combination of growing institutional investment and the looming specter of inflation. As the global economy struggles to recover, BTC's perceived store of value is becoming increasingly attractive.

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Institutional inflows and inflation concerns are indeed key factors. The market's sentiment towards BTC as a hedge against economic uncertainties is strong, likely to sustain this trend.

Indeed, the confluence of institutional interest and inflation concerns is fueling Bitcoin's price rise. As investors seek safe havens, BTC's reputation as a store of value shines through.