🐳🐳Why did Bitcoin reach 100,000 USD?

Driving factors:

• Approval of spot Bitcoin ETFs: Bitcoin ETFs in the US have attracted significant capital inflow from institutional investors, creating strong confidence in the market. This significantly increases liquidity and mainstream recognition of Bitcoin.

• Bitcoin Halving: The event of halving mining rewards in May 2024 has reduced new supply, pushing Bitcoin's value higher due to limited supply and strong demand.

• Confidence in blockchain: Blockchain, the technology behind Bitcoin, continues to prove its value through transparency, security, and applicability in various fields such as finance, healthcare, and supply chain management.#Bitcoin❗ $BTC