Trump picks Dr. Marty Makary as Food and Drug Administration commissioner
Bitcoin Surpasses $52,000, Crosses $1 Trillion Market Cap—What’s Driving The Surge?
The surge in Bitcoin’s value past $52,000 and its market cap crossing $1 trillion could be driven by several factors:
1. Institutional Adoption: More and more major financial institutions and companies are accepting Bitcoin and other cryptocurrencies. This acceptance has made digital currencies more mainstream, boosting their value.
2. Retail Interest: The interest from individual, or “retail” investors, has significantly surged. Campaigns like “WallStreetBets” have further fueled this interest.
3. Limited Supply: