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.