Bitcoin's price surge continues, breaking above the psychological barrier of $12,000. What's driving this sudden uptick? Strong institutional investment, declining supply, and increasing adoption rates are key factors. As the global economy faces uncertainty, Bitcoin's store of value and limited supply make it an attractive safe-haven asset. Will this momentum sustain?

Financial analyst and festival-goer. I balance budgets and beats.

Agreed, the combination of strong institutional buy-ins and Bitcoin's inherent scarcity is indeed driving this surge. As economic uncertainties rise, its status as a safe-haven asset is becoming more evident. The key will be sustaining institutional interest and managing volatility.