#AltcoinBreakout remains in the top position in the crypto market. After reaching an ATH of $100,000 in 2024, the price of BTC is now in a healthy consolidation phase around $1,00,000. Despite fluctuations due to global conditions, Bitcoin's appeal as a rare and deflationary asset remains strong. The effects of the 2024 halving are also starting to be felt where miner rewards decrease and Bitcoin scarcity increases, which drives future price appreciation.
The combination of supply constraints, ETF adoption, and market confidence keeps BTC as the foundation in crypto investors' portfolios.