This Friday, October 18, 2024, the price of $BTC surpassed the US$ 68 thousand mark once again, driven by an optimistic climate in the cryptocurrency market.
The upward movement occurs amid important regulatory discussions.
Global factors also influence the appreciation of Bitcoin $BTC . In several countries, rising inflation and economic instability have led investors to seek alternatives to traditional money, with Bitcoin being considered a kind of “digital gold”. The increased adoption of cryptocurrency in countries with weaker economies has also driven its appreciation. On the other hand, experts warn that volatility continues to be a characteristic of the cryptocurrency market. Although the price of Bitcoin $BTC has recently recovered, it can still experience large short-term fluctuations, which requires caution on the part of investors.
With the cryptocurrency market gaining more and more space and clearer regulations, the future of Bitcoin continues to be a topic of intense debate among investors and financial authorities.