Bitcoin Hits 30k Could This Be Why?

The recent jump in the price of Bitcoin to over $30,000 may be due to several factors, including growing institutional adoption, increasing interest from retail investors, macroeconomic uncertainty, and possible inflationary concerns.
As we know, Bitcoin's fixed supply limit of 21 million coins has the potential to make it an attractive store of value during times of financial turbulence or doubts regarding traditional fiat monetary policies.
Moreover, with prominent companies such as Square investing significant amounts in Bitcoin and other cryptocurrencies