Why did Bitcoin surge today? Three reasons:

1️⃣ Japanese listed company Metaplanet bought another 330 bitcoins, spending 28 million dollars, and institutions are still hoarding!

2️⃣ The US stock market S&P 500 rose in pre-market trading, boosting the crypto market.

3️⃣ Bitcoin ETF saw a net inflow of 106 million US dollars yesterday, with new funds entering the market.

In simple terms: institutions buying heavily + US stocks setting the pace + ETF funds returning, three waves propelling Bitcoin to take off!