The recent surge in Bitcoin price to over $73,000 has attracted attention and many expect the rally to continue. The approaching US presidential election, with former President Donald Trump gaining traction in swing state polls, is seen as a positive factor for BTC. Spot Bitcoin ETFs saw significant institutional interest, with a record-breaking inflow of $870 million. The Federal Reserve's dovish stance and expectations of rate cuts also benefit Bitcoin. The upcoming Non-Farm Payroll report and earnings releases from major tech giants could further strengthen Bitcoin's position.
- Content Editor ( cryptonewsz.com )
- 2024-10-30
5 Reasons Bitcoin Price Surge Isn’t Stopping Anytime Soon