4 Catalysts That Caused Bitcoin to Hit Its Highest Price Yet
Bitcoin's (CRYPTO: BTC) price is a bit less than $110,000 per coin as of this writing, right near its all-time high, and right in the midst of what might be a generational bull run for the asset. There's a solid chance it could keep powering on higher and higher over the coming quarters. But this favorable setup isn't the result of chance, nor is it (yet) the result of a binge on speculative purchasing.Instead, there are four key catalysts that helped Bitcoin to get where it is right now. And they will stay in play too, which means they could keep driving the price up. Let's take a look at each to understand them a bit better.Bitcoin undergoes a halving roughly every four years, the most recent of which happened in April 2024.Continue reading
Bitcoin's (CRYPTO: BTC) price is a bit less than $110,000 per coin as of this writing, right near its all-time high, and right in the midst of what might be a generational bull run for the asset. There's a solid chance it could keep powering on higher and higher over the coming quarters. But this favorable setup isn't the result of chance, nor is it (yet) the result of a binge on speculative purchasing.
Instead, there are four key catalysts that helped Bitcoin to get where it is right now. And they will stay in play too, which means they could keep driving the price up. Let's take a look at each to understand them a bit better.
Bitcoin undergoes a halving roughly every four years, the most recent of which happened in April 2024.
