What Is Bitcoin’s Price Prediction For 2024?
This trend is also supported by the ongoing de-dollarization and potential loss of confidence in fiat currencies globally. The potential approval of spot bitcoin ETF in the US, as demonstrated by BlackRock’s application in 2023, is expected to provide substantial institutional backing. The next halving in 2024 will further reduce the block reward from 6.25 BTC to 3.125 BTC, potentially increasing https://www.tokenexus.com/ bitcoin’s price as the supply of new bitcoin slows down. This pattern suggests a strong correlation between [...]