Bitcoin’s Resilience Amid Market Fluctuations
- Bitcoin surged by 50% in 45 days, reaching nearly $112K before a 6% decline to $105K.
- Nigerian startup Green Flare plans to convert natural gas flares into energy for Bitcoin mining, generating 53MW.
- Nigeria ranks among the top 10 for gas flaring emissions, accounting for 75% of global flaring.
- Global Bitcoin mining ranked 27th in energy consumption in 2023, with 66% from fossil fuels.
Despite recent corrections, Bitcoin remains structurally strong with initiatives like Nigeria’s Green Flare addressing environmental concerns and supporting its growth potential.
Source (2.6)https://www.newsbtc.com/news/bitcoin-still-bullish-despite-dump-btc-bull-token-to-explode-in-2025/?rand=52377
