Bitcoin has surged above $70,000, marking a 1.72% increase for the day. This milestone comes amid a backdrop of significant institutional adoption, as major financial entities incorporate Bitcoin into their portfolios as a hedge against inflation. Additionally, a recent executive order by President Trump promoting cryptocurrency as a component of U.S. financial innovation has bolstered market confidence, contributing to Bitcoin’s upward trajectory.
Bitcoin surpasses $70,000, rises 1.72%
