#BTC110KToday?
The reason BTC pumping
ETF Inflows: Spot Bitcoin ETFs have attracted billions in investment, opening the floodgates for traditional finance to enter crypto.
Halving Aftershock: The April 2024 halving cut miner rewards, reducing BTC supply while demand kept rising.
Weak Dollar, Strong BTC: Global inflation and interest rate cuts have weakened fiat currencies, pushing investors toward decentralized stores of value.
Scarcity Narrative: With only 21M BTC ever to exist, FOMO (fear of missing out) is real as demand outpaces supply.$BTC
