Bitcoin has officially surpassed the remarkable price point of $117,000, signaling a significant milestone in the cryptocurrency market. This surge in value is largely attributed to a wave of institutional investors who are making substantial purchases, indicating a growing confidence in Bitcoin's potential as a valuable asset. As these institutions enter the market with large-scale investments, it highlights not only the increasing acceptance of cryptocurrency by traditional finance but also a shift in investor sentiment towards digital assets.
source: https://voiceofcrypto.online/ampstories/web-stories/bitcoin-breaks-117k-institutions-are-buying-big