Bitcoin's Price Surge Raises Questions About Generational Bull Run or Late FOMO

Bitcoin's price surge has sent the entire crypto market into a frenzy, with many wondering whether it's the start of a generational bull run or a trap for late FOMO.

The digital gold narrative is one of the key drivers behind Bitcoin's current trend. The scarcity and predictability of Bitcoin's supply, combined with its borderless and permissionless nature, make it an attractive alternative to traditional assets.

However, institutional ETF flows are also playing a significant role in driving Bitcoin's price up. Spot ETF inflows have been heavy on strong days, locking up more Bitcoin in institutional-grade vehicles and taking it off the open market. This is bullish for long-term supply-demand dynamics.