Bitcoin's price has surged past $102,000, driven by significant inflows from Wall Street institutions seeking safe-haven assets. This milestone highlights the growing institutional interest in cryptocurrencies as a hedge against market volatility. Concurrently, gold is also being favored as a secure investment option.
In related developments, the founder of Polymarket has achieved billionaire status following a $2 billion investment at the New York Stock Exchange. Additionally, U.S. senators have confirmed the imminent launch of a Bitcoin reserve fund, further underscoring the increasing institutional adoption of digital assets.
Bitcoin Surpasses $102K Amid Institutional Inflows
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