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RE: BOOM! Bitcoin Rockets To New All-Time High As Cryptocurrencies Surge Higher!
Precisely.
Institutional money is getting starved for yields due to extraordinary low interest rates on fixed-income, and lackluster equity performance compared to crypto.
They want in, and they're going to get in. Couple that with the fact that there are only ~4.5 Million BTC left to distribute, you have a potent mix.