$BTC $BTC Bitcoin's sudden rise is often the result of a combination of political, economic, and technical factors. Here are the most common reasons for sudden price spikes:
1. Economic or geopolitical tensions
When financial crises, wars, or tensions between countries arise (such as currency wars or banking crises), investors turn to Bitcoin as a "safe haven" like gold.
2. Interest rate cuts or quantitative easing
When central banks (such as the US Federal Reserve) cut interest rates or inject liquidity into the market, traditional money loses some of its value, prompting some to purchase digital assets like Bitcoin.
3. Entry of major financial institutions
When large companies or investment funds (such as BlackRock or Tesla) announce their purchase or support of Bitcoin, the price suddenly rises due to increased demand and market confidence.
4. Technical events such as "halving"
The mining reward reduction every four years reduces the number of new Bitcoins, reducing the supply and driving the price up (usually shortly after the event).
5. Regulatory Policy Changes
If a major country announces the legalization or support of Bitcoin (such as the creation of Bitcoin ETFs on the exchange), this leads to a rapid price increase.
6. Speculation
Sometimes the reason is simply speculation: positive news or rumors of major economic decisions prompt speculators to buy heavily, driving up the price