$BTC to the moon?
About bitcoin
Price: Hovering around $65,000–$70,000, depending on daily fluctuations.
• Market Cap: Over $1.2 trillion, keeping Bitcoin as the #1 cryptocurrency.
• Volatility: Still high but gradually decreasing, indicating increasing market maturity.
• ETF approvals in the U.S. and other markets (e.g., BlackRock’s and Fidelity’s Bitcoin ETFs).
• Institutional adoption rising, with large funds adding BTC to portfolios.
• Halving event in April 2024 reduced miner rewards, creating upward pressure on supply.
