After Bitcoin correction shows significant increase,
Bitcoin's rise can be summarized in two main points:
### 1. **Institutional Adoption and Market Growth**
The growing interest of major companies and financial institutions, such as Tesla and MicroStrategy, helped to consolidate Bitcoin as a legitimate financial asset. Payment platforms such as PayPal have also facilitated the use of cryptocurrencies, expanding their global acceptance.
### 2. **Search for Protection and Financial Autonomy**
Amid inflation and global economic instability, Bitcoin has gained prominence as a decentralized asset, independent of governments and central banks, being considered a "hedge" against currency devaluation and unstable economic policies. #Binance #bitcoin