Bitcoin Hits New All-Time High: What's Driving the Surge?

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On May 28, 2024, Bitcoin reached a new all-time high, breaking past $75,000. This surge is attributed to increasing institutional adoption, positive regulatory developments, and growing mainstream acceptance. Major companies are now accepting Bitcoin as payment, and new Bitcoin ETFs are attracting significant investments. Let's explore the key factors behind this record-breaking rally and what it means for the future of Bitcoin.