🔑 Main Reasons for #Bitcoin’s Price Surge

1️⃣ U.S. Political Shift Boosting Crypto Sentiment

• With the upcoming presidential transition (Biden to Trump), markets expect pro-crypto policies.

• Trump’s campaign has openly supported Bitcoin mining, ETF approvals, and light-touch regulation.

• This created a wave of institutional optimism pushing Bitcoin prices higher.

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2️⃣ Institutional ETF Inflows

• Spot Bitcoin ETFs continue to attract large amounts of capital.

• Major funds like BlackRock, Fidelity, and Ark Invest are buying Bitcoin at record levels.

• Over $1.2 billion in inflows came into Bitcoin ETFs in just the last week.

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3️⃣ Global Economic Uncertainty

• Rising global debt, inflation concerns, and weakening traditional currencies (like Yen and Euro) make Bitcoin attractive as a “digital safe haven.”

• Investors are moving from gold to Bitcoin for long-term value storage.

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4️⃣ Reduced Selling Pressure

• Many long-term Bitcoin holders are refusing to sell, reducing supply on exchanges.

• BTC reserves on exchanges are at their lowest since 2017.

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5️⃣ Upcoming Halving Cycle

• The last Bitcoin halving in April 2024 reduced new Bitcoin supply by half.

• Historically, halving cycles lead to post-halving bull runs due to scarcity.

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6️⃣ Asia Market Reopening

• Hong Kong and parts of China are starting to allow regulated crypto trading again.

• This is bringing in fresh liquidity from Asian markets.

$BTC