Bitcoin price changes are affected by many factors, among which the supply and demand pattern, macroeconomic conditions, and market sentiment play a particularly significant role.

As far as the supply side is concerned, Bitcoin’s unique mining reward halving mechanism plays a key role in its price trend and is one of the important factors driving price increases.

This year, Bitcoin once again experienced the important event of halving mining rewards, and this situation laid strong support for its subsequent price rise.

From the demand side, during the election campaign, the Republican Party made a series of promises related to Bitcoin, such as including Bitcoin as a national reserve asset, committing to making the United States the "cryptocurrency capital of the world," and appointing those who are responsible for Regulators who are interested in digital assets, etc.

The release of these relevant policy expectations has greatly stimulated the market's demand for Bitcoin, prompting its demand to show a significant growth trend.

Analyzing from the macroeconomic level, the current global economic growth trend is gradually stabilizing, and inflationary pressure is gradually slowing down. At the same time, European and American central banks have begun to cut interest rates.

The emergence of these circumstances has brought more abundant liquidity to the entire market and created a relatively loose financial environment.

In addition, it is worth noting that when the price of Bitcoin successfully breaks through certain key points, the market will often breed optimism, and this optimism will further be transformed into an important driving force for the continued rise of Bitcoin prices. source. If you want to delve deeper into the currency circle, but can't find a clue and want to quickly understand the information gap, whether it is contracts or spot, you can learn more in my profile #英伟达财报即将公布 #BONKBURNmas销毁计划