$BTC

Bitcoin's price movement depends on several factors, including market demand, investor sentiment, regulatory developments, and macroeconomic conditions. High adoption by institutions and positive news can drive prices up, while regulatory crackdowns or security breaches can trigger sharp declines. Bitcoin's supply is limited to 21 million coins, making it scarce and influencing its long-term value. Halving events, which reduce mining rewards, historically lead to price surges due to decreased supply. Market liquidity, global economic trends, and inflation also affect Bitcoin's movement, as some investors view it as a hedge against fiat currency devaluation. Additionally, speculation and large-scale trades by whales (big investors) can cause sudden volatility, making Bitcoin highly unpredictable in the short term.