Bitcoin (BTC) continues to demonstrate remarkable resilience in the face of global economic uncertainties.
As of now, BTC is trading at approximately $97,007, reflecting a steady upward trend till 100,000. This stability is bolstered by significant institutional support, including the approval of Bitcoin ETFs and major corporations like MicroStrategy increasing their BTC holdings.
Notably, New Hampshire has become the first U.S. state to establish a cryptocurrency reserve, allocating up to 5% of public funds into digital assets, with Bitcoin being the primary beneficiary. This move underscores growing governmental recognition of Bitcoin's value as a reserve asset.
As Bitcoin solidifies its position as 'digital gold,' it's an opportune time for investors to consider its role in diversified portfolios.
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