Could Bitcoin's 160% Jump in 2023 Hint at Crypto's Bright Future with ETFs? 🪙
Despite economic challenges, #Bitcoin surged over 160% in 2023, fueled by excitement over ETF proposals.
Kaiko Research predicts BTC will #outperform major assets this year. The cryptocurrency's journey saw stages of stability, sharp drops, and a rise above $40,000 post-BlackRock's ETF filing.
Pending SEC decisions on #ETFs by major players like Fidelity and BlackRock may further boost Bitcoin.
Additionally, Bitcoin's correlation with Nasdaq 100 reversed, indicating its potential as a hedge against inflation. Will this surge pave the way for a stronger future for cryptocurrencies?
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