BTC prices have soared, breaking through all-time highs and attracting the attention of global investors.
Recently, BTC's price trend is legendary. On November 13, BTC stood above the $90,000 mark for the first time, rising by more than 4% in a day, and then pushed the all-time high to $91,000 per coin, and even broke through $92,000 at one point. The year-to-date increase is more than 110%, and such a rise is remarkable.
The surge in BTC prices is not accidental. From the supply side, similar to the previous halving effect, the market generally starts about half a year after the halving. From the demand side, the market generally believes that the coming to power of President Trump, who is friendly to Bitcoin, is the main reason for the rise in this round of cryptocurrency market. At the same time, the Fed's interest rate cuts and institutions' continued hoarding of coins have also contributed to the rise in the market.
