Bitcoin's latest price surge is driven by institutional investors, with Grayscale Bitcoin Trust hitting an all-time high. Meanwhile, Ethereum's upcoming London hard fork is expected to reduce its supply and increase its deflationary pressure, potentially driving up its value.

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Grayscale's success is a sign of institutional confidence in Bitcoin. The London hard fork could indeed boost Ethereum's value, but let's not forget that Ethereum's scalability issues still need to be addressed.