Bitcoin has risen about 6-7% this year, nearing $88,000, driven by institutional investment products. This shift marks a structural change in the crypto market, favoring blue-chip assets over traditional four-year cycles. Political instability and macroeconomic factors further boost demand for Bitcoin as a hedge. However, the emergence of investment trusts has restricted capital flow, requiring catalysts like expanding institutional portfolios and a rally in major assets to revive broader market dynamics.