... attractive for global investors, while low rates stimulate the search for yield beyond traditional instruments. If macroeconomic conditions remain favorable (inflation under control and recession averted through regulatory efforts), this will support further Bitcoin price growth. In May, macroeconomic reports (inflation levels, labor market data, etc.) and comments from Fed representatives will also hold significant importance: unexpected figures could adjust investor sentiment and impact Bitcoin's dynamics. Investor Demand ...

... Amidst a global pandemic and economic instability, Bitcoin exhibited remarkable growth, reaching $29,000 in December 2020 and over $64,000 in April 2021. 2024: Bitcoin reached a new all-time high, surpassing the $100,000 mark. Factors Influencing the Growth of Bitcoin's Value Limited supply: The maximum number of Bitcoins is capped at 21 million coins, creating scarcity and driving up value as demand increases. Institutional investments: In recent years, major financial institutions and corporations have begun ...

... Bitcoin as a legitimate asset class for portfolio diversification. The fact that Wall Street is betting on such instruments indicates that Bitcoin is increasingly seen as an integral part of the financial ecosystem. Market Impact: Price and Liquidity Growth Analysts predict that the influx of funds into new ETFs could drive Bitcoin's price higher, as every dollar directed toward a spot Bitcoin ETF is backed by the purchase of actual BTC by the fund itself. This reduces the available supply in the market and exerts upward pressure on the price. Observers draw parallels with ...

... funding model: partially expending mined bitcoins while still preserving a significant reserve on the balance sheet. Change of a Long-Standing Tactic. Until now, Riot Platforms has been one of the miners demonstrating a conviction in the long-term growth of bitcoin through the HODL strategy. By the end of April, the company still held about 19,211 BTC on its balance sheet, reflecting strong faith in the future potential of the cryptocurrency. However, the worsening mining conditions – rising network difficulty ...

... Multiple indicator (the ratio of market value of production to its average value over the year) is also in a neutral zone, suggesting that miners do not feel an acute need to liquidate reserves. All of this points to market participants' confidence in Bitcoin's further growth: even with increased difficulty, miners are optimistic about improving conditions (through price growth or subsequent difficulty adjustments) and are not rushing to "give up positions." Analysts at Bitfinex emphasize that structural signals ...