Mining and Reserves**: Bitcoin miners' reserves have reached a record low, which might impact the market as miners sell their holdings Additionally, a dormant whale wallet recently transferred $536 million worth of Bitcoin to Binance, potentially influencing market dynamics
Market Sentiment and Predictions There's a broad range of price predictions for Bitcoin, with some projections suggesting it could hit between $80,000 and $250,000 by the end of 2024, and even up to $600,000 by 2030 according to ARK Invest's long-term outlook
Global Adoption Various regions are seeing increased Bitcoin adoption. For instance, Bitcoin is gaining traction in Hungary's hospitality industry and South Africa's retail sector, with significant monthly transaction volumes 0 reply
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