As the increase in Bitcoin price continues to grow rapidly, cryptocurrency prices have also risen to new record levels. BitcoinFor the first time in history over 71 thousand dollars and continued its strong gains in recent weeks.
Bitcoin price reached 2.2 million TL
This increase in cryptocurrencies occurs with the interest of large financial institutions. The launch of the first Bitcoin futures exchange-traded funds (ETFs) in the US has led to millions of investors turning to Bitcoin.
Last week, over $1 billion worth of Bitcoin was withdrawn from exchanges. This shows that investors adopt a long-term cryptocurrency holding strategy.
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in the USA Bitcoin ETFs With its approval, retirement savings and pensions now have access to cryptocurrency investments. Bitcoin’s widespread availability in investment instruments; It helps pull big money out of hedge funds and family investments.
Institutions in other major markets are also increasingly adopting cryptocurrencies. For example, the UK Financial Conduct Authority has given the green light to the creation of Bitcoin and Ethereum-based notes, paving the way for digital asset products. This development also Ethereum price exceeds 4 thousand dollars This allowed it to break a new record.
Many analysts have said that Bitcoin’s supply and demand dynamics continue to be upward. From next year mining rewards With the halving, the supply of 21 million Bitcoins will become even more important.
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Note: The information in this article is not investment advice. It is for informational purposes only.