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Analysts name the main condition for bitcoin growth
Experts believe that the stimulus policy of central banks contributes to the high position of bitcoin BTC $103,815.79 Bitcoin -2.54% Market capitalization $2.06 trillion VOL. 24 hours $3.67 billion , which is held above the $ 100,000 mark. According to analysts, loose monetary policy and low interest rates encourage investors to pay attention to alternative assets, including cryptocurrencies.
According to experts, the current macroeconomic situation is forcing investors to look for ways to preserve value in the face of inflation. «When money becomes cheaper, there is a growing demand for limited assets such as bitcoin, which demonstrates stability in the long run,» crypto experts say.
In addition, regulatory changes and positive market sentiment are contributing to the growing interest in cryptocurrencies. For example, the introduction of new financial instruments, such as exchange-traded funds (ETFs), based on bitcoin creates additional demand for the asset and attracts institutional investors.
Despite the fact that the cryptocurrency market remains volatile, experts are convinced that bitcoin will continue to play the role of «digital gold.» Market participants expect that continued favorable macroeconomic conditions will allow the asset to maintain its position and open up new opportunities for investors.