The growth of the crypto market is the result of many interconnected factors, from economic events to technological innovations. Here are the key points that explain the current and future price jumps in cryptocurrencies:

1. Bitcoin halving 📉

The halving that occurred in April 2024 reduced the mining reward for BTC by half. This decreases the supply of coins and traditionally leads to price increases when demand remains stable or grows. Experts estimate that the halving effect will manifest more strongly by the end of 2024, which could push Bitcoin to new highs.