#Stripe稳定币账户 Bitcoin skyrocketed to $101,000! What should we do now? Let's chat a bit

Brothers! Bitcoin has recently shot up to $101,000 (that's right, six figures!), and I guess a lot of people are both excited and anxious. Let me briefly explain what's going on and what we ordinary people should do👇

Why the sudden surge?

1️⃣ Big institutions are buying like crazy: Those Bitcoin ETFs in the US (like ARKB, FBTC) are raking in money daily, and institutional big shots are really willing to buy. The total holdings have exceeded $110 billion now!

2️⃣ Bank interest rates are too low: The Federal Reserve refuses to lower interest rates, keeping money in the bank is worse than throwing it into Bitcoin, after all, it's a bet that it can hedge against inflation.

3️⃣ International situation is chaotic: India and Pakistan have been in turmoil recently, and some people feel that gold isn't stimulating enough, so they turn to Bitcoin to avoid the storm.