Bitcoin’s price has taken investors on a turbulent journey lately, but the most recent chart indicates a favorable trajectory. Following a dip below $40,000 in July, the value has shown a consistent upward climb, currently standing at $43,990. Several factors contribute to this positive trend, such as a rise in institutional investments and a surge in adoption by mainstream businesses. While the future of Bitcoin remains uncertain, the recent price surge signifies a potential longevity for this cryptocurrency.
Source (CNBC)