Bitcoin’s recent price surge: Bitcoin surged 9.5%, reaching 106,859 USD and marked an all-time HIGH of 107,822 USD, signaling strong market Optimism.
Regulatory impact on Bitcoin: Scaramucci criticizes SEC delays in Bitcoin ETF approvals which negatively affected market valuations. Upcoming approvals may enhance Bitcoin’s prospects.
Growing recognition as a store of value: As institutional adoption rises and regulations clarify, Bitcoin’s role as a store of value strengthens, supporting future price increases.
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