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# **Bitcoin Rises 33% Post-Halving, Institutions Drive Highest Demand**

Bitcoin (BTC) has recorded a rise of up to its highest level of $109,000, an increase of 33% since the Halving phenomenon occurred in April 2024.

Bitcoin reached this record high just 273 days post-Halving. According to historical data, new record highs are usually achieved after 500 days following a Bitcoin Halving.

Analysts believe this surge is driven by institutional demand and the growth of Bitcoin Exchange-Traded Funds (ETFs). The scarcity of Bitcoin due to Halving also pushes Bitcoin to new records.

Enmanuel Cardozo from Brickken added that the role of large institutions like Strategy and Tether is accelerating the Bitcoin market cycle. He predicts that if the trend continues, the price peak could occur earlier than in previous cycles due to increasing liquidity and a more mature market.

However, investors remain cautious amid global economic uncertainty and selling pressure. US-China trade tensions and monetary policies, such as the possibility of Federal Reserve interest rate cuts, are also influencing market sentiment.

The price movement of Bitcoin post-halving this time is faster than in previous cycles, with the role of institutions and ETFs becoming increasingly dominant. Although historical patterns remain a reference, new factors have changed the market dynamics.

-# Image Source: Bitcoinist #BTCvsMarkets $BTC