#BTC再创新高97k
Bitcoin is leading the way, with institutions driving its crazy surge; where will other cryptocurrencies go?
People often ask me why Bitcoin is rising while other cryptocurrencies remain stagnant.
To put it simply, it's something everyone can understand.
Bitcoin's rise is mainly due to large institutions like BlackRock investing significant amounts into Bitcoin ETFs, indicating their confidence in Bitcoin. Coupled with the economic boom brought by Trump, it seems a cryptocurrency-friendly government is on the horizon. Additionally, some people only listen to rumors without doing their own research, naively believing that Bitcoin will drop, which is fundamentally incorrect. Consequently, they end up buying Bitcoin futures contracts, while those who previously bet on Bitcoin's decline (short sellers) are forced to sell, further driving up the price of Bitcoin.
As for why other cryptocurrencies aren't rising, it's mainly because they don't enjoy the same level of institutional favor and trust as Bitcoin, and regulatory clarity is also lacking.
Moreover, if your assets are currently in the red, don't rush to sell; just hold on. There may be a significant surge in the first half of 2025!
Committed to helping more people, a quality community for information can lead to further and steadier progress; focusing on contracts, joining conditions: real players!
