Behind $BTC , I think there are several key reasons. First of all, we have to admit that Bitcoin's influence is indeed significant. Look, Wall Street giants like BlackRock and Fidelity have all entered the market, launching Bitcoin ETFs, which has directly promoted the popularity of Bitcoin. Moreover, Bitcoin's scarcity is evident; there is a total of 21 million coins, and once mined, there are no more. This scarcity, combined with the continuously increasing market demand, has driven its value higher.