Below, we explore the possible reasons for Bitcoin's lackluster performance and its potential for future growth. The ETF Effect: Why Bitcoin's Price Has Yet to See a Boost Despite the launch of several Bitcoin ETFs in the past month, the cryptocurrency's price has not seen the expected surge. This is in stark contrast to previous years, where the mere announcement of a potential ETF would send Bitcoin's price skyrocketing. So what's different this time? The Market's Response: Institutional Investors Remain Cautious While the launch of ETFs may have been a significant milestone for Bitcoin, it has not yet translated into increased demand from institutional investors. Many of these investors remain cautious about the volatility and regulatory uncertainty surrounding the cryptocurrency market. Factors such as the recent hacking of a major exchange and ongoing debates around Bitcoin's scalability have also contributed to this wariness. The Regulatory Hurdl...
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