Posted 3/4/2024, 2:41:00 PM
Bitcoin Price Nears Record High as Demand Rises
- Bitcoin price approaching previous all-time high thanks to growing demand from new Bitcoin ETF approvals
- Bitcoin supply growth will slow after next "halving" event in April, typically corresponds with price increases
- Federal Reserve interest rate cuts could push more investors towards riskier assets like crypto
- Multiple catalysts that could push Bitcoin over $69,000 previous all-time high
- Now could be a good time to invest in Bitcoin before it sets new record price
