Bitcoin reached a new all-time high of $98,000, driven by institutional capital inflows and growing interest from institutions in digital assets, according to QCP Capital's report. The report highlighted strong demand for call options expiring in 2025, indicating confidence in Bitcoin's long-term prospects. Bitcoin ETFs have seen significant net inflows in recent days, contributing to the overall bullish sentiment. Central banks' loose monetary policies worldwide are expected to continue supporting Bitcoin's upward momentum. QCP Capital remains optimistic about Bitcoin's outlook and its potential for further growth, especially with favorable market conditions and institutional interest.



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