Reasons Bitcoin (BTC) price is climbing:
1-A wave of excitement has been growing as mounting speculation and news surrounding possible upcoming BItcoin ETFs has been circulating.
2-Several major financial institutions, including BlackRock, JPMorgan, and many others have recently expressed interest in and applied for Bitcoin ETF approval from regulators, while many analysts have suggested that Bitcoin ETF approval could lead to wider Bitcoin and crypto adoption, and possibly usher growing demand and a future crypto bull run.
3-As the biggest cryptocurrency by market cap and the most famous crypto coin, it comes as no surprise that positive crypto market sentiment has also fueled greater demand for Bitcoin, which in turn has led to a price rally with BTC above $34,000.
4-Amidst Bitcoin’s rise and an upswing in the overall crypto market, new coins like ApeMax are also witnessing growth in their Pre-sale, with a flurry of new interested buyers looking at this hot new coin.
