Bitcoin's price has been steadily increasing, new high of $69,400 on October 21st.
This recent surge is fueled by few possible factors, comprising:
Spot ETF inflows: The approval of spot Bitcoin ETFs by the US Securities and Exchange Commission (SEC) has attracted significant institutional investment.
Global developments: Positive developments in the global economy, such as a potential rate cut by the Federal Reserve, have also contributed to Bitcoin's price increase.
Bitcoin's market dominance: Bitcoin's dominance in the cryptocurrency market has been increasing, which has also driven its price up.
Situation for investors is always volatile will remain.
#Btc #TeslaTransferBTC #SCRSpotTradingOnBinance #MemeCoinTrending