$BTC I've been asked and see a lot of questions about why BTC is going up and other cryptocurrencies aren't. EASYY FOLKSS, I explain it in a way that we all understand.
Bitcoin is going up because big institutions like BlackRock are investing a lot of money in Bitcoin ETFs, which shows confidence in this asset. Add to this the Trump boom and his upcoming crypto-friendly government, and also because of people listening to rumors and not doing their research because THEY RIDICULOUSLY BELIEVE BTC WILL GO DOWN, when it is ridiculously false, so they are buying BTC futures contracts, and a lot of people who were betting that its price would go down (short positions) have had to sell, which has made the price go up even more.
On the other hand, other cryptocurrencies are not growing because they do not have the same level of institutional support or trust as Bitcoin, and they face greater regulatory uncertainty.
And please, don't sell your assets if they are in losses now, hold them, even worse, a big bull run is coming during the first half of 2025!!!
$BTC This is the first time I comment here, but considering that there are many ignorant, not to say stupd, people who think that btc is going to take a very noticeable setback, for god's sake, all the industries in the world are in the manipulation for 100k. Also, how can you think that those millionaire tycoons are going to have millions in bitcoin losses, it is impossible that with all the money and power they handle, obviously they are going to want it and they are going to make bitcoin reach and exceed 100k, COHERENCE PLEASE!!!