The influx of investment briefly pushed BTC to a record high of $73,798 in mid-March. Although the coin’s price has since fallen by approximately 6%, smaller digital assets have experienced a sharper decline of over 30%, influenced by diminishing prospects of a looser U.S. monetary policy that typically encourages speculative investments. While past halvings have spurred price increases, the impact of the upcoming event remains uncertain, given the coin’s recent peak performance.
Bitcoin Dominance Reaches Highest Point of 2021, Enhanced by ETFs
