The bullish market trend that commenced in the middle of 2023 was initially fueled by the enthusiastic anticipation surrounding the potential authorization of Bitcoin exchange-traded funds (ETFs) in the United States. Following the approval of these ETFs at the start of 2024, the price of Bitcoin surpassed its previous record high from 2021, surging to approximately $74,000. This milestone represents the first instance in which Bitcoin has achieved a new pinnacle prior to a block reward halving event. Stay informed with the most up-to-date technology news by accessing NEWSLINKER.
