Bitcoin has underperformed in 2024 despite hitting a new all-time high in March. 🚀 While the asset nearly reached $74,000, it fell below $50,000 in August.

Perplexity believes that improving market sentiment and investor confidence could bring the bullish trend back. Regulatory changes and the global economy are also important. Inflation and interest rates could play a key role in Bitcoin’s future growth. 📈

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