Bitcoin continues its remarkable run, recently hitting new all-time highs. This latest surge is fueled by a mix of factors, distinguishing it from past speculative rallies. A key driver is the increasing institutional adoption, with major companies and investment firms adding Bitcoin to their portfolios. Furthermore, favorable regulatory shifts, particularly in the United States, have boosted investor confidence. Analysts also point to the anticipation of a U.S. interest rate cut, which often encourages investment in riskier assets like cryptocurrency. While the market remains volatile, this surge reflects a broader acceptance of Bitcoin as a legitimate financial asset.
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Correct WOTD is "LEVERAGE"
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