This marks a new record for the digital asset, which has been on a steady rise since the beginning of the year. Breaking Records: Bitcoin Hits New All-Time High The continuous rise in Bitcoin's price has been driven by several factors, including increased institutional adoption and mainstream acceptance. Companies such as Tesla and MicroStrategy have invested billions of dollars in Bitcoin, while major payment platforms like PayPal and Visa have started offering cryptocurrency services to their customers. This influx of institutional interest and support has helped push Bitcoin's price to new heights. Institutional Support and Mainstream Adoption In addition to institutional adoption, Bitcoin has also gained mainstream acceptance as a form of payment. More and more merchants are starting to accept Bitcoin as a form of payment, and some major companies have even started to offer their employees the option to receive their salaries in Bitcoin. This has helped to increase t...
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