Questions tagged [ordinals inscriptions]

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GwanghwamunGuardianAngelWings GwanghwamunGuardianAngelWings Sat Jul 13 2024 | 7 answers 1496

Why did bitcoin ordinals inscriptions hit a new all-time high?

As a keen observer of the cryptocurrency market, I'm intrigued by the recent surge in bitcoin's ordinals inscriptions to a new all-time high. Could you elaborate on the possible factors that have contributed to this significant milestone? Have institutional investors increased their holdings, or has retail interest reached unprecedented levels? Has the adoption of bitcoin by mainstream businesses and financial institutions played a role? Or is it simply a matter of market speculation and FOMO (Fear of Missing Out) driving prices higher? I'm keen to understand the underlying dynamics behind this impressive milestone.

Why did bitcoin ordinals inscriptions hit a new all-time high?

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