Bitcoin Price Surges Above $97,000 as Investors Turn to Safe-Haven Assets

The price of Bitcoin (BTC) has experienced a significant rally, breaking through the $97,000 mark. This upward movement is primarily driven by investors increasingly seeking safe-haven assets amid current global economic uncertainties. Market analysts observe that this surge reflects a growing trend of capital allocation into cryptocurrencies perceived as digital gold. The milestone underscores Bitcoin's strengthening role as a hedge against inflation and market volatility, attracting both institutional and retail investment flows into the crypto market.