Bitcoin Surges Past $120K Amid Growing Institutional Interest and Regulatory Developments
Bitcoin has risen above $120,000 amid renewed institutional investment and clearer U.S. crypto regulations, despite macroeconomic headwinds like inflation and geopolitical tensions. Other cryptocurrencies like XRP and Dogecoin are also gaining, supported by macroeconomic developments and market exuberance. Analysts believe that regulatory clarity and broader liquidity trends are fueling the rally, although risks such as a dollar rebound and inflation remain.