Bitcoin Tsunami in the Crypto Market the latest Record
The cryptocurrency market has grown significantly since Donald Trump took office as the US president. The value of Bitcoin has increased even more than before. On Thursday, the value of $BTC reached $ 124,000 (Rs. 1,08,68,742) for the first time in Asian trade. This was supported not only by US market sentiment but also by decisions taken in favor of the cryptocurrency sector.
Experts say recent regulatory changes in the US under Donald Trump have played a key role in Bitcoin's rise. "The crypto market is enjoying a period of very favorable fundamentals, as Trump has lifted restrictions that previously discouraged banks from working with crypto firms
With companies like Trump Media Group & Elon Musk's Tesla buying huge amounts of Bitcoin, other investors and institutions have also shown interest in investing in Bitcoin. Due to this, the demand for Bitcoin has increased. So far this year, the value of Bitcoin has increased by about 32 percent. With this, the total crypto market value, which was $2.5 trillion in November 2024, has now crossed $4.18 trillion.
Respond strategically
With #Bitcoin hitting an all-time high of Rs 1.03 crore, investors should be strategic rather than emotional. While the market appears to be stable, macro factors like Fed rate changes can be like a change in the wind. In this context, techniques like dollar-cost averaging, pre-determined rebalancing, and keeping emergency liquidity out of crypto are key to protecting investments. An investment approach that relies on process rather than price fluctuations is the path to long-term success.