Bitcoin's value has reached a historic peak of $97,900, close to the anticipated $100,000 mark. This surge is partly driven by significant investments from institutions such as Hoth, which has injected $1 million into the cryptocurrency market.
Additionally, MicroStrategy has furthered its bet on Bitcoin by committing $2.6 billion, signaling robust confidence in the cryptocurrency's potential.
Meanwhile, the United States is contemplating regulatory changes aimed at cryptocurrencies, possibly affecting market dynamics as stakeholders prepare to navigate these new guidelines.
Source : cryptonews.com ↗