Can the price of Bitcoin change direction?

(Frequently asked question)

Currently, there are some uncertainties in the cryptocurrency market. However, institutional investors, who are big investors from companies and organizations, still believe that Bitcoin will perform well in the long term. Despite the challenging regulatory environment in the United States, Cboe Digital, a major options exchange, has received approval from the U.S. commodities regulator to offer margined futures contracts for Bitcoin. This approval is significant as it will allow institutional investors to increase their exposure to Bitcoin.

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