From Nasdaq:

1. Bitcoin recently crossed the $50,000 value mark and experts believe it has the potential to reach $100,000.
2. In the 4th quarter of 2023, BTC miners earned $2.5 billion, and about 22% of the U.S. adult population owns a share of Bitcoin.
3. Factors contributing to Bitcoin’s recent surge include increased trading during the Lunar New Year and liquidity from Bitcoin ETFs.
4. The cryptocurrency market has a four-year cycle, with each cycle establishing a new, higher floor price for Bitcoin.
5. Bitcoin’s fundamental value as a decentralized alternative to traditional currency continues to gain relevance.
6. The path to $100,000 is uncertain due to the speculative nature of the cryptocurrency market and concerns about environmental impact and regulatory challenges.
7. Despite uncertainties, Bitcoin’s ascent in the financial world continues to captivate both enthusiasts and skeptics.



Read more: Bitcoin Reaches New Highs, And Some Experts Believe Current Bull Cycle Could Send BTC Soaring Between $100,000 And $250,000