#BinanceBlockchainWeek #bitcoin.” Aaj Bitcoin has risen from the previously lower levels. Currently, the global value of BTC is around ~$93,200 (approximately ₹84-85 lakh).

Just a few days ago, when the rate fell to around ~$84,000, the market was a bit scary. But today’s rebound has been quite powerful — this rebound has also pushed the broader crypto market.

Macro-macroe factors also seem to be favorable: if the Federal Reserve (Fed) lowers interest rates, then Bitcoin could once again be worth it for crypto investors compared to low-yield traditional assets.

And looking at the long term, according to some analysts, if demand remains, Bitcoin could again reach $95,000 – $100,000+.