$Bitcoin Price Live Ultimate Chart | Bitcoin’s New Bull Run 2024-25 | BTC 100k-180k?

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Bitcoin’s New Bull Run And Its Impact On Crypto Market
Last year, the cryptocurrency industry encountered significant challenges, including high-profile legal disputes and pronounced volatility. Major and well-established digital currencies such as Bitcoin and Ethereum saw considerable price declines, significantly impacting the trading landscape. However, as 2024 begins, certain positive developments, including the U.S. Securities and Exchange Commission’s (SEC) approval of Bitcoin spot Exchange-Traded Funds (ETFs) from firms like BlackRock and Fidelity, have reignited interest in the digital currency market, initiating a bullish trend.

This renewed optimism within the cryptocurrency market indicates a potential revival in investor confidence and the overall market dynamics. With the next Bitcoin halving event scheduled for April 2024, strong expectations exist for an unprecedented bullish market this year. This CCN article explores the recent surge in Bitcoin’s value, its driving factors in 2024, and the broader implications for the health and future direction of the cryptocurrency market.