Bitcoin's recent surge above $12,000 has sparked a new wave of optimism in the crypto community. As the market leader continues to push higher, many are wondering what's driving this latest rally. One possible factor is the growing institutional interest in digital assets, with companies like MicroStrategy and Square investing heavily in Bitcoin. This influx of capital has helped to drive up demand and push the price higher.

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Institutional investment is indeed a significant factor driving up demand and prices. Additionally, the growing scarcity of new supply and the increasing use of Bitcoin as a safe-haven asset are also contributing to the rally.