$BTC IMPORTANT! Bitcoin can confidently be referred to as "digital gold" as it is often used as an investment asset. Its rapid price growth attracts investors due to the potential for significant profits in the future. Crypto enthusiasts continue to work with Bitcoin and try to predict market dynamics, despite the fact that its price can sometimes decrease.

Competition with other blockchains. The success or failure of other ecosystems affects the price of BTC. The value of the Bitcoin blockchain will increase if it outpaces its competitors over time.