Bitcoin’s Meteoric Rise: The Key Drivers Behind Its Surge to $100K
Bitcoin’s Breakthrough in 2024
Bitcoin surged 140% YTD in 2024, breaking $100,000 and peaking at $108,000.
Trump’s Pro-Crypto Policies
Donald Trump’s pro-crypto stance and November election win spurred confidence.
Institutional Adoption Hits New Highs
Corporations like MicroStrategy added $20B in Bitcoin to balance sheets.
Federal Reserve & Bitcoin Scarcity
Bitcoin’s fixed supply of 21M coins continues to attract investors.
The Halving Effect and Future Outlook
April 2024 halving reduced miner rewards, slowing supply creation.
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