$BTC Behind this, I believe there are several key reasons. First, it cannot be denied that the influence of Bitcoin is truly significant. Look, Wall Street giants like BlackRock and Fidelity have entered the market, launching Bitcoin ETFs, which has directly boosted the popularity of Bitcoin. Additionally, the scarcity of Bitcoin is also present, with a total of 21 million coins; once they are mined, that's it. This scarcity, along with the growing market demand, has caused its value to increase.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.