Bitcoin approaches $100,000 as ETF approvals boost market interest

Bitcoin has recently reached new all-time highs, surpassing $74,000 and approaching $100,000. This surge follows the approval of Bitcoin spot ETFs by the SEC, which has made investing in Bitcoin easier and more accessible for both retail and institutional investors. The introduction of these ETFs has attracted significant institutional investment, enhancing market liquidity and stability. Despite this growth, Bitcoin remains a niche market, with less than 15% of adults owning digital assets compared to nearly two-thirds who own stocks. While some investors may hesitate to buy at these high prices, many Americans still express skepticism about cryptocurrency. This ongoing uncertainty could indicate that the market is not yet fully saturated with greed, suggesting potential for further growth.