Bitcoin ($BTC ) has reached a new all-time high, surpassing 100,000 USD. This historic milestone has attracted the attention of investors and analysts worldwide.
Key factors driving Bitcoin's increase:
Institutional adoption: Bitcoin ETF funds, such as those from BlackRock, have seen record inflows, indicating growing confidence in cryptocurrency as a legitimate asset.
Favorable regulations: Some countries, like the Czech Republic, have introduced tax exemptions on profits from cryptocurrency, encouraging the adoption and investment in Bitcoin.
Comparison to gold: U.S. Federal Reserve Chairman Jerome Powell has referred to Bitcoin as "digital gold," enhancing its perception as a safe-haven asset.
Analysts predict that the current upward trend may continue, with Bitcoin's value likely to rise further in the coming months.
However, as always with cryptocurrency markets, caution is necessary and careful monitoring is advised.