币界网报道:Bitcoin is approaching new highs as supportive policies and institutional interest fuel the crypto market's resurgence. The leading cryptocurrency has surged over 20% this month, buoyed by growing optimism around potential U.S. spot Bitcoin ETF approvals and clearer regulatory frameworks in key markets. Major financial institutions are increasingly participating in crypto services, with several traditional banks recently launching Bitcoin custody solutions. Analysts note that macroeconomic factors, including potential Fed rate cuts and inflation concerns, are driving renewed institutional investment in digital assets. The market rally extends beyond Bitcoin, with Ethereum and select altcoins also posting significant gains as decentralized finance (DeFi) activity rebounds. Industry experts suggest this upward trend may continue through year-end, citing improving infrastructure and maturing market dynamics. However, some caution remains regarding potential regulatory hurdles and market volatility risks.