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**Bitcoin’s Value Surges Due to Institutional Interest**

May 8, 2024

The value of Bitcoin, the top cryptocurrency, has experienced a notable boost. This increase is primarily linked to the rising interest from institutional investors. Noteworthy companies such as Tesla and MicroStrategy have injected substantial sums into Bitcoin, indicating a change in the outlook towards cryptocurrencies. This alteration is not solely confined to investments; several of these companies are also integrating Bitcoin as a payment option, reinforcing its standing in the financial domain.

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