Global cryptocurrency market cap slightly rose to $1.65 trillion on February 6, 2024.

Bitcoin experienced a minor retreat from a peak of $43,750 to $42,745.32 amid miner sell-off.

Year-over-year, Bitcoin's value has surged by 86.75%, boasting a market cap of $841.77 billion.

The SEC's approval of spot bitcoin ETFs has influenced miners' selling to fund infrastructure for the April halving event.

Bitcoin's upcoming halving will slash mining rewards from 6.25 to 3.125 BTC, intensifying its scarcity.

With the halving less than 68 days away, market volatility persists, highlighting the need for careful investment research and diversification.