Bitcoin recently achieved a milestone by breaking the $100,000 mark. This has sparked a debate about whether Bitcoin’s next potential target could be $1 million.
Key factors fueling this unprecedented rise include growing institutional adoption, as more financial institutions integrate cryptocurrencies into their portfolios.
Additionally, economic shifts such as inflation and uncertainties in traditional markets have also contributed to Bitcoin’s appeal as a store of value.
Lastly, Bitcoin’s built-in scarcity, with its capped supply, further enhances its attractiveness to investors.
