With the arrival of the BTC halving in April 2024, Bitcoin has ushered in another round of bull market. This time, the stable recovery of the global macroeconomy and the further adoption of cryptocurrencies by the mainstream financial system have provided a solid foundation for the rise in Bitcoin prices. New technological advances and network upgrades, such as Taproot, have brought greater privacy and efficiency to the Bitcoin network, attracting new user groups. As more countries have clarified their regulatory frameworks for cryptocurrencies, investor confidence has increased, and a large amount of institutional funds have poured into the market. In addition, the expectation of the Bitcoin halving event has once again stimulated the market's attention to its scarcity. As the public's awareness of digital currencies continues to improve, Bitcoin has once again proved its status as digital gold and a means of storing value, with prices hitting new highs and a clear bull market trend.
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