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Wall Street’s Growing Appetite Sends Bitcoin Soaring Past $102K
The institutions are here in full force, or so the chatter goes, as corporate players and exchange-traded funds (ETFs) scoop up more BTC from the open market. With bitcoin cracking the $100,000 mark today, market watchers and crypto industry specialists chimed in with their thoughts on the latest upward run.
On Thursday, bitcoin’s price jumped to $102,819, hitting a peak not seen since Feb. 3, and plenty of analysts point to a growing wave of institutional involvement as the driving force behind the climb.