Some point to institutional adoption and ETFs as key drivers of the price increase
That’s the main takeaway from most news and articles I’ve read too.
Institutional adoption has definitely boosted confidence, not just among small investors but also for people using Bitcoin for everyday transactions. These groups are driving the growth of adoption. And as we all know, when there’s hype, there’s demand, and with demand comes a likely increase in Bitcoin’s price.
Agreeing here.
Bigger countries may follow in the US's footsteps if they are successful in what they are doing.
And this sparkle would lead to more and more people getting a hold of what Bitcoin can bring to them.
They may see it as an investment tool now, but it all may change in the future.