“We’re seeing a large number of influential components at play, which incorporates company investments, regulatory developments, macroeconomic shifts, and potential for elevated accessibility by way of monetary merchandise like ETFs,” Feng wrote. “MicroStrategy’s continued funding in Bitcoin actually underscores their dedication, serving to solidify company curiosity in digital belongings. This, in tandem with anticipation across the upcoming Bitcoin halving occasion, is influencing market habits, as merchants usually view such milestones as potential catalysts.”
