Bitcoin continues to dominate the cryptocurrency market in 2024, achieving historic milestones and evolving through new use cases. Here's an in-depth look at the current trends shaping its trajectory: 1. Record-High Prices and ETF Adoption Bitcoin recently reached an all-time high of $99,574 , buoyed by the introduction of Bitcoin ETFs earlier this year. These financial instruments have made Bitcoin more accessible to institutional investors, fueling demand. ETFs are projected to surpass gold ETFs in assets under management as interest grow. 2. The 2024 Bitcoin Halving’s Influence The April 2024 Bitcoin halving halved the block rewards for miners, decreasing supply and generating bullish momentum. Historicall...