Bangladesh, July 16 -- Bitcoin has surged to unprecedented heights, breaking through the $120,000 barrier and setting a new all-time high that underscores the cryptocurrencys growing acceptance and adoption. As of 08:00 GMT on July 14, Bitcoin was trading at approximately $122,700, marking nearly a 30% gain year-to-date, according to CoinDesk data. This milestone not only reflects Bitcoins resilience but also signals a transformative moment in the broader financial landscape, shaped by a combination of strong institutional demand and significant shifts in US regulatory and policy environments.

One of the primary drivers behind Bitcoins meteoric rise has been the surge in institutional interest. Over the past year, a growing number of lar...