Bitcoin is a key driver in predicting the market’s behavior, and according to investment experts, it can redefine crypto-trading. According to them, it may be adopted as an international trading unit. However, there are some chances that it might get rejected. This might be because big names like Tesla, MasterCard, and MicroStrategy are pushing towards it. Also, the factor of different central banks releasing their version of currencies can act as a catalyst here, and so can the uprise of stablecoins. Yes, its price wobbled slightly, dipping down below $44,000 and recovering almost overnight. Now, it is at $49,000 and is aiming higher.
Some problems can prevent its growth, including global rules and regulations. It can negatively impact the currency’s liquidity and volatility. Despite all the odds, Bitcoin can impact the market’s trading capacity forever.