Bitcoin’s latest pump began on February 27 at a price point of around $56,200. Two days later, it reached $61,300, followed by another sudden increase to over $68,500 on March 3. The world’s most valuable cryptocurrency is on its way to surpass its all-time highs even before the next halving event.
But what are the reasons for the sudden bull run behind BTC? Let’s look at what’s pushing Bitcoin prices to the highest points in years and why investing in green Bitcoin alternatives such as Green Bitcoin early can help you get high returns in the next few months.
Spot BTC ETF Boosting Market Sentiment
The release of Bitcoin spot ETF trading earlier this year is one of the main reasons driving Bitcoin to new all-time highs in the upcoming period. BTC ETFs needed less than two months to turn investors’ sentiment into extreme greed, unseen from November 2021.
Despite unfavorable macroeconomic developments, Bitcoin’s price keeps growing, pushing BTC tokens higher every hour. In fact, BTC tokens reached new ATHs in 14 out of the top 20 fiat currencies, and many investors are taking their tokens off the market, waiting for the price to increase before listing them again.
Spot ETFs Bringing Major Institutional Investors to The Table
Bitcoin’s trading volumes the previous week were over $30 billion. Then, on March 4, BTC tokens had over 19.6 million shares of BlackRock’s ETF trading an hour after the markets opened, with an average daily trading volume of 22.7 million.
The latest market analytics say that Bitcoin spot ETFs increased capital above $7.6 billion since early 2024, with $1.8 billion coming from institutional investors. Over $7.3 billion out of the capital pushed into cryptocurrencies was pushed into Bitcoin, making it by far the largest digital asset on the market.
Retail Investors Looking to Invest in Bitcoin
Apart from institutional investors pouring billions into Bitcoin, retail investors are also redirecting their funds to BTC tokens. There are currently over 51 million BTC token holders, and the number has stayed stable since the beginning of the year. That means most token holders choose to sit on their investments, and over 96% of wallets have reported profits in the past few months. Everything points to significant Bitcoin market growth in the next few months, especially considering the next halving event is due in less than 50 days.
Green Bitcoin – Earn $GBTC Tokens By Predicting Bitcoin Price Movements
Considering that the next Bitcoin halving event is ahead, Green Bitcoin is a new platform that allows you to earn native $GBTC tokens by providing accurate future BTC price predictions. It’s a gamified eco-friendly staking platform that can help you gain a profit from your “gut feeling.” It’s an excellent choice for beginners and veteran traders, and it’s the next hot investment option expected to explode in the upcoming period.
Compared to Bitcoin, Green Bitcoin offers some significant advances. It uses over 10,000 less energy, as it’s built on the Ethereum blockchain, providing users with a far more sustainable reward system based on weekly challenges. Moreover, it will go live around the next BTC halving event, likely resulting in immediate 10x gains or higher for all token holders. It’s showing massive potential and could easily outperform BTC in the next few months.
Green Bitcoin Tokenomics
Since it’s built on the Ethereum blockchain, $GBTC tokens are an ERC-20 cryptocurrency compatible with all Ethereum crypto wallets. It uses the Stake-To-Earn reward mechanism, as you must stake a certain amount of $GBTC when making future Bitcoin price predictions; if your guess is correct, you will get higher returns. The approach guarantees long-term token utility and sustainability, giving users another reason to participate in the price-prediction process.
The supply is limited to only 21 million tokens, mirroring the maximum amount of BTC in circulation. However, only 40% is available during the ongoing presale. 27.5% is reserved for staking rewards given to long-term token holders and crypto traders who stake tokens when providing price predictions. 17.5% is split between DEX and CEX liquidity pools, while the remaining 5% is given out through community rewards to all holders who spend time spreading awareness about Green Bitcoin on social media.
The tokenomics aims to motivate users to participate in community events and hold on to their tokens as long as possible to ensure stable growth and high APYs. Green Bitcoin is one of the rare few Bitcoin-related platforms expected to keep growing alongside BTC, so investing early gives you a shot at getting the highest returns during the upcoming Bitcoin bull run.
Green Bitcoin Presale Hits $2 Million Milestone.
The ongoing Green Bitcoin has been a total success during the first few weeks, pushing through the $2 million milestone without showing any signs of slowing down. Early investors can stake their $GBTC during the presale event, and over 3 million tokens have been staked already. The current rewards are 189%, so you can get nearly two times more tokens than what you paid for before the platform goes live in the next few months.
Final Words
There is no denying that Bitcoin is on its way to new all-time highs, potentially even before the next halving event. With the convergence of billions in capital pouring into BTC ETFs, growing interest among investors, and increased greed index, Bitcoin could double in value during the upcoming bull run.
However, suppose you’re looking for a more sustainable and affordable alternative that allows you to monetize your “gut feeling” when it comes to future prices of Bitcoin. In that case, Green Bitcoin is your best investment choice. Join the growing Green Bitcoin community today and earn high APY for staking $GBTC tokens early.