Bitcoin is being used as a hedge against inflation and purchased by digital asset treasury companies. It keeps reaching new highs, surpassing $126,000, due to high demand meeting fixed supply. Inflation, currency issues, and corporate treasuries are driving the rally, with ETFs making it easier for investors to buy Bitcoin. Spot funds are piling in, with record capital flows into digital asset funds. Treasury buyers are adding Bitcoin to their balance sheets, creating a persistent bid that benefits the asset’s price. Bitcoin is seen as a hedge against currency volatility, attracting capital when needed. Corporate treasuries are adding Bitcoin to their balance sheets, contributing to the asset’s price growth. Spot Bitcoin ETFs make it easier for mainstream investors to buy Bitcoin and allocate in tax-advantaged accounts. Capital flows into ETFs are increasing, driving significant demand for crypto products. The demand for Bitcoin is likely to continue, driven by ETFs and corporate treasuries.

Read more at Nasdaq: Here Are the 3 Tailwinds Behind Bitcoin’s Latest Rally