This increase occurs due to the inauguration of the U.S. Infrastructure Bill and currently in one of the largest banks in the U.S. already storing crypto assets is certainly very extraordinary and will have a big impact on the value of bitcoin and altcoins of course, and in the future the increase that occurs will pass the current 10% mark and is currently slightly hampered due to news of the ban on using crypto transactions in China, China. But it's not too much we care because in the last year they also made negative news but it only lasted a moment later the value of bitcoin again increased.
It is still uncertain, might it gives some impact on the price but I don't think that is only the reason for this price surge.
But all I can say is that we're glad to have this momentum despite the FUDs and news coming from China. The market stood still stronger and what we've seen this time is a sign that we're moving upward and the demand is increasing. Having this uptrend motion, we can expect that there is another ATH that comes within this year.