Bitcoin Surpasses $111K Amidst U.S. Institutional Boost
- Bitcoin soars past $111,000 due to U.S. trader activity.
- U.S. institutions driving significant market activity.
- Inflows influencing Bitcoin’s $2.21 trillion market cap.
Bitcoin has surged beyond $111,000 as U.S. traders, backed by institutional investors, significantly influence the currency’s growth, propelling it to record highs.
Institutional investments and ETF inflows are crucial, marking a landmark for Bitcoin and impacting the broader cryptocurrency market.
Bitcoin ETF Inflows Surge Past $111,000
$2.21 Trillion Market Cap Boosts Trading Activity
“Criticizes regulatory overreach, opens JPMorgan to Bitcoin” – Jamie Dimon, CEO, JPMorgan.
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