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Tuesday, December 10, 2024

Bitcoin rise

This post will try to list all possible reasons why Bitcoin price rise



blockchain

halving

supply reduction



corporate

treasury

  • companies allocating bitcoin as a treasury asset
  • Shareholders votes
  • Shareholders voting for adding bitcoin to the company balance sheet


economic

inflation

data

  • US inflation data
  • US CPI data / consumer price index

Central bank rate decision

rate cut at the fed’s policy meeting

liquidity

stimulus from major central banks



Government

regulation

Gov in favour of crypto regulation

reserve

Gov reserve asset

plans of bitcoin replacing gold can push BTC price up,



instituton

ETF

inflows into BTC ETFs


Status: in progress

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