Why Bitcoin (BTC) Price Rallied to $42K?

Total cryptocurrency market capitalization rose to $1.52 trillion Monday (TradingView)

“Despite the run, bitcoin remains very constructive,” Thorn said with overhangs reducing (bad actors exiting, bankruptcies resolving), catalysts on the horizon (spot ETFs, halving), holders remaining firm, a constructive macro environment, and institutional engagement still mostly on the sidelines.”

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