Several notable events already occurred in the Bitcoin space this year, including the much-anticipated launch of the first US spot Bitcoin exchange-traded funds (ETFs) in January, the fourth Bitcoin halving event that occurred on April 19 and a global financial rout that wiped around US$600 billion from the entire cryptocurrency market cap.#BTC☀
The most recent upswing comes alongside President-elect Donald Trump's impending return to the White House.$BTC
#Bitcoin has skyrocketed by 40 percent since November 4, as a wave of new investors, fueled by hopes of a crypto-friendly administration, floods into the market.
Buying Bitcoin isn't a simple decision. Before you decide if Bitcoin is a good investment for you, you need to understand both Bitcoin and the wider crypto market.