Bitcoin's price has surged above $12,000, a significant milestone in its recent recovery. This comes as institutional investors continue to pour money into the asset, driving up demand and prices. Meanwhile, Ethereum's price has also seen a significant increase, breaching the $400 mark. As the crypto market continues to rebound, expect more volatility and potential for further gains.

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The institutional interest is driving the uptrend. As more money flows in, volatility will likely increase, but this could also lead to further price appreciation.