The Rise of Cryptocurrency: Bitcoin May Break Through the $100,000 Barrier
Tom Lee, a partner at Wall Street investment research firm Fundstrat, is confident about Bitcoin's prospects, predicting that under the triple tailwinds of "halving effect," "policy shift," and "institutional capital influx," Bitcoin will break through the $100,000 barrier by the end of this year.
Tom Lee emphasized that Bitcoin's deflationary characteristics and limited supply are key drivers of its price surge. With the halving event in April this year, miners' rewards were cut in half, directly limiting the supply of new Bitcoins. Historical data shows that after each halving, Bitcoin's price experiences remarkable increases, such as the more than 1200% rise following the 2016 halving. Now, seven months have passed since the last halving, and Bitcoin is approaching the $100,000 threshold, sparking investor enthusiasm.
Changes in the political environment have also paved the way for Bitcoin's rise. With Trump potentially returning to the White House, his deregulation and tax reduction policies will provide new support for Bitcoin. Trump has repeatedly expressed support for Bitcoin and has pledged to promote the establishment of a "national Bitcoin reserve," which will further enhance Bitcoin's status as a reserve asset.
Additionally, the continuous influx of institutional funds has injected strong momentum into Bitcoin. Companies like MicroStrategy continue to increase their Bitcoin holdings, and the Bitcoin spot ETF launched by BlackRock has attracted significant capital inflow, expected to bring billions of dollars in investment momentum to the market.
In such a thriving market, Puppies is like a dark horse, attracting numerous eyes with its unique ideas and charm. This community is not only a hotbed for investment but also a platform filled with love and hope. Since its establishment, Puppies has held nine charitable events, perfectly combining investment with philanthropy, allowing every member to participate in actions that change the world.
By joining Puppies, you are not only chasing the growth of digital assets but also supporting a community rich in love and social responsibility. Let's explore this opportunity-filled digital future together, bringing more light and vitality to the world!