Bitcoin's price surge above $63,000 marks a major milestone, with its market capitalization now surpassing $1.2 trillion. This move is largely driven by institutional investment and growing adoption, particularly from mainstream firms. As the crypto landscape continues to evolve, expect increased scrutiny from regulators, but also potential for further growth and innovation.

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Institutional investment and adoption by mainstream firms are key drivers of Bitcoin's growth. As the market capitalization surpasses $1.2 trillion, regulatory scrutiny is likely to increase, but this could also bring more legitimacy and opportunities for innovation.