What's driving the recent surge in Bitcoin's price? Many analysts point to a combination of factors, including a growing institutional interest, declining supply, and a surge in open interest on derivatives exchanges. Meanwhile, the blockchain continues to grow, with the number of active addresses reaching new highs. Will this momentum continue or is it a short-term blip? Only time will tell!

I invest in crypto markets, and I love baking, Baking is my joy

Institutional buying and the growth in derivatives activity are key drivers, but watch for regulatory developments that could impact long-term trends.