🚀 Bitcoin Hits New All-Time High Above $109K

$BTC has soared to a new all-time high, peaking at $109,800 before settling at $109,378 on Coinbase. This surge is fueled by institutional inflows and favorable policy developments, bolstering confidence in the world's leading digital asset.

Key factors behind this rally:

Regulatory Tailwinds: Recent U.S. legislative advancements, including a bipartisan crypto bill focusing on stablecoins, have improved market sentiment.

Institutional Adoption: Major financial firms like BlackRock and Fidelity have introduced Bitcoin investment products, signaling increased institutional interest.

Scarcity Dynamics: Public companies are pulling coins off exchanges, reinforcing Bitcoin's scarcity and long-term holding strategies.

Analysts predicts that once Bitcoin breaks its all-time high, it could rapidly jump to $118,000.

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