Incredible breaking news for the crypto space as the price of Bitcoin surges to an all-time high of $97,500. Renowned industry experts believe that several factors will drive the Bitcoin price even higher.nnStrong demand from institutional investors, who are increasingly seeing Bitcoin as a hedge against inflation, is one of the key drivers boosting the price of this digital gold. Moreover, worldwide adoption and a strong network effect are contributing to Bitcoin’s spectacular price run.nnThe ongoing IT infrastructural shift towards blockchain technology and gradual public acceptance are also catalyzing the price surge. Interestingly, limited supply due to Bitcoin’s halving cycle is intensifying the price spike as we brace for the upcoming bull market.nnAs Bitcoin’s usability and influence keep expanding, industry experts expect the trend to maintain its upward trajectory in the foreseeable future. Read More
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