🚀Explore the four major catalysts that will drive the next wave of Bitcoin surge🌟

1️⃣Prospects of interest rate cuts: As expectations of a rate cut by the Federal Reserve strengthen, investors generally expect that the stock market may rise, and as a highly speculative asset, Bitcoin also generally increases in value when borrowing costs are reduced. This macroeconomic policy change provides a potential appreciation opportunity for Bitcoin.

2️⃣Enhance regulatory clarity: Although regulatory uncertainty has often been a major problem that has hindered the development of Bitcoin in the past, the cryptocurrency community is now seeking more consistency and transparency in regulation. In particular, pay attention to the attitude of the U.S. Securities and Exchange Commission (SEC) towards cryptocurrency-related products, such as spot ETFs, as these decisions will greatly affect the confidence and behavior of the Bitcoin market.

3️⃣The impact of the U.S. presidential election: According to billionaire investor Novogratz, the policy clarity after the presidential election will be another turning point for the crypto market. He specifically mentioned that candidate Donald Trump's support for the crypto industry is in sharp contrast to the policies of current President Joe Biden, which may lead to major changes in the policy environment, affecting Bitcoin and the entire crypto market.

4️⃣Expanded applications and cognitive changes: As Bitcoin's global recognition and acceptance gradually increase, its actual application scenarios are also expanding. From being just a value storage, it has gradually evolved into a universal currency that can be used for various transactions and services. This transition from theory to practical application is another important driving force for the growth of Bitcoin's value.