The Resurgence of Bitcoin: Are We Facing a New Golden Era of Cryptocurrencies?
In recent months, Bitcoin has entered a new bullish chapter that has captured the attention of both institutional and retail investors. After a period of relative stability and even skepticism, the world's most important cryptocurrency has experienced a notable increase in its value, surpassing levels that many analysts deemed difficult to reach in the short term.
Factors Driving the Surge
1. Institutional adoption: Major firms like BlackRock and Fidelity have intensified their exposure to Bitcoin, especially through ETFs (exchange-traded funds) recently approved in several countries. This institutional validation brings confidence and stability to the asset, attracting new investors.
2. Supply reduction – Halving: The Bitcoin halving, which occurs every four years and halves the mining reward, has reduced the circulating supply. This programmed scarcity, combined with increasing demand, has created upward pressure on the price.
3. Global financial instability: In a context of persistent inflation, geopolitical tensions, and distrust in traditional banking systems, Bitcoin has reinforced its role as a “store of value” and safe-haven asset.
4. Greater regulatory clarity: Although cryptocurrency regulation remains a challenge, some countries have begun to establish clearer legal frameworks, providing greater legal certainty to investors.