Bitcoin is expected to continue its rise in 2025. From the supply side, the halving will be completed in April 2024, the block reward will be greatly reduced, the output of new coins will slow down, and the scarcity will be further increased. On the demand side, institutional investors continue to enter the market, BlackRock and others continue to increase their holdings, and Bitcoin spot ETFs are also continuing to attract funds. In addition, with the increase in global economic uncertainty, Bitcoin's safe-haven properties as "digital gold" have become more prominent, and more investors are using it as a hedging asset. With technological innovation and application expansion, Bitcoin's usage scenarios are also constantly expanding. These factors jointly drive its price up. #地缘政治对比特币的影响 $BTC