Introduction: Bitcoin’s Market Conundrum
Bitcoin, the pioneer cryptocurrency, finds itself at a critical juncture in 2024 as it trades around the $65,000 to $66,000 mark. Despite historical highs and robust institutional adoption, the market is currently witnessing a phase of tepid demand and cautious investor sentiment. This article delves deep into the factors contributing to Bitcoin’s current market dynamics, examining implications for stakeholders and offering expert insights on what lies ahead.·
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