I am not surprised because the inflation of the Bitcoin gets halved every four years and there is a maximum amount of BTC. This means that if retail believes it in so much, then it can also work as a good store of wealth. The early birds getting into BTC will be the winners for their risk and this is very similar to the stock market.
As good as BTC is, I don't think it will be the currency used for normal transactions. So there is still room for any of the other cryptos to take its spot.
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