Odaily Planet Daily News As 2024 approaches its end, the Bitcoin rally triggered by the election victory of President Trump in early November is stagnating. Since hitting a record in mid-December, Bitcoin has dropped by about $15,000. Chris Weston, research director at Pepperstone Group, stated that Bitcoin's "momentum has deviated from post-election trends," partly due to ETF fund outflows. Meanwhile, software manufacturer MicroStrategy has been aggressively buying Bitcoin in recent weeks. Traders are waiting to see if the company will continue to announce an increase in Bitcoin holdings on Monday. This year, Bitcoin has risen by about 120%, outperforming traditional investments such as global stocks and gold. Bitcoin has more than doubled in 2023, recovering from the bear market. (Bloomberg) Yesterday, news surfaced that Michael Saylor has released Bitcoin Tracker information for the eighth consecutive week, possibly indicating another increase in BTC holdings.

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