Bitcoin hits record daily highs, experts caution of “crisis mode” surge.
Bitcoin is currently experiencing a remarkable surge in value, driven by institutional investments and political decisions that could reshape the global financial landscape. Despite this bullish run, some experts warn of underlying instability. The rise of Bitcoin has surpassed $123,000, reaching a new all-time high and outperforming gold. Institutional interest, particularly through Bitcoin ETFs, has played a significant role in this momentum. Additionally, legislative discussions in Washington D.C. could redefine the regulation of digital assets in the U.S. and impact the future of cryptocurrencies. The recent surge in Bitcoin’s value has led some to believe that it has entered a “crisis mode,” signaling potential concerns for the future.
