Bitcoin's scarcity and halving events have contributed to its value appreciation. With each halving event, the rate at which new Bitcoins are created is halved, reducing the available supply. This diminishing supply, coupled with increasing demand from both institutional and retail investors, creates a supply-demand imbalance that drives the price of Bitcoin higher. Additionally, growing interest and participation from retail investors have also contributed to the surge in Bitcoin prices. Increased awareness of Bitcoin and other cryptocurrencies, coupled with easy access through various platforms and services, has made it more accessible to retail investors seeking to diversify their investment portfolios. As a result, heightened demand from both institutional and retail investors propels Bitcoin's price upward, demonstrating its growing significance in the global financial landscape.