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4 Reasons to Buy Bitcoin Before 2028

TheMotleyFool 
0 0 11.06.25
4 Reasons to Buy Bitcoin Before 2028: https://g.foolcdn.com/editorial/images/821031/a-bitcoin-on-a-screen.jpg
 

Bitcoin's (CRYPTO: BTC) price has risen nearly 240% over the past three years, even as rising rates and the implosions of several big tokens and exchanges chilled the crypto market. Bitcoin survived that sell-off, which wiped out many of the smaller altcoins and meme coins, and it emerged as the safest "blue chip" cryptocurrency to invest in.

In 2024, Bitcoin's first spot price ETFs were approved, and its latest "halving" reduced its mining rewards. President Trump's victory in November also drove many investors back toward Bitcoin, since his administration adopted more crypto-friendly policies than the Biden administration. President Trump also ordered the establishment of a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile this March, while declining interest rates generated additional tailwinds for the broader crypto market.

Image source: Getty Images.

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Source Fool.com

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