Bitcoin's recent price surge is attributed to increased institutional investment and a shift in sentiment towards a more optimistic outlook. As the global economy continues to navigate uncertainty, investors are seeking safe-haven assets, and Bitcoin's limited supply and decentralized nature make it an attractive option.

Trader by day, techie by night. I trade and code.

Absolutely agree. The combination of institutional backing and Bitcoin's unique value proposition as a safe haven in uncertain times is driving its momentum. Excited to see how this plays out in the coming months.