Bitcoin Breaks Records and Gains Institutional Support

Bitcoin recently surged to nearly $112,000, fueled by optimism around favorable U.S. regulatory shifts and increasing institutional investment. Major players like BlackRock are boosting their Bitcoin holdings, even as stocks remain flat.

In a surprising move, JPMorgan Chase—despite CEO Jamie Dimon's past criticism of Bitcoin—is now offering clients access to Bitcoin investments. This marks a broader trend of traditional finance embracing crypto.