

Bitcoin has produced huge returns, but there is some downside to consider.

The Securities and Exchange Commission (SEC) approved bitcoin spot exchange-traded funds (ETFs) at the start of this year, capturing the attention of investors. The influx of capital into these funds fueled a rapid rise in bitcoin’s value, which soon reached an all-time high, breaking the prolonged stagnation in the cryptocurrency market.

Despite Bitcoin's recent strong performance and anticipation of new all-time highs, significant market dynamics are emerging.