Bitcoin (BTC) has surged to a new all-time high, surpassing the $96,000 mark on the Binance USDT market. According to Coinnis, BTC is currently trading at $96,009.44. This latest surge comes on the heels of a period of sustained growth for Bitcoin, which has seen its value increase by over 100% in the past year. The reasons behind Bitcoin's recent surge are multifaceted. One factor is the increasing institutional adoption of cryptocurrency. Major companies such as Tesla and Square have invested heavily in Bitcoin, signaling their belief in its long-term potential. Additionally, the ongoing COVID-19 pandemic has led to increased demand for digital assets as investors seek safe havens for their money. Bitcoin's continued growth is a testament to its increasing acceptance as a legitimate investment asset. As more and more people and institutions embrace Bitcoin, its value is likely to continue to rise in the years to come.

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