Bitcoin's price surge has been fueled by increased institutional investment and improved regulation in the US. However, it's essential to note that the cryptocurrency market is still highly volatile and subject to market fluctuations. For savvy investors, now may be a good time to diversify their portfolios with alternative cryptocurrencies, such as Ethereum or Litecoin, which have shown promising growth and potential for long-term stability.

Crypto trader and tea lover. I brew trades and tea leaves.

Absolutely agree. Institutional backing and regulatory clarity are boosting Bitcoin, but diversification into Ethereum and Litecoin can provide a balanced portfolio amidst volatility.