2024

Bitcoin

Note

Mobius

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<p>Bitcoin has kicked off 2024 with a noteworthy achievement, reaching <a href="https://twitter.com/invest_answers/status/1741882692986155148" rel="noopener noreferrer nofollow">a new yearly high</a> of $43,500 on the Bitstamp exchange. The world's largest cryptocurrency is up roughly 3% over the last 24 hours.&nbsp;</p>
<h2 id="bitcoin-s-remarkable-price-journey">Bitcoin's remarkable price journey&nbsp;</h2>
<p>The last decade has been nothing short of a rollercoaster for Bitcoin, marked by unprecedented highs and notable lows.&nbsp;</p>
<p>Tracing back to 2009, Bitcoin was virtually worthless, a novel concept untested in the financial markets.&nbsp;</p>
<p>However, as the years progressed, its value saw exponential growth. During the period between 2010 and 2017, the price of the largest cryptocurrency jumped from mere cents to over $14,000.&nbsp;</p>
<p>The subsequent years were a testament to Bitcoin's unpredictable nature. 2018 saw a dramatic plunge, with prices falling sharply, only to be followed by a gradual recovery in 2019 and 2020.&nbsp;</p>
<p>The year 2021 was a landmark, with Bitcoin reaching an all-time high, driven by increased institutional adoption and mainstream acceptance. However, this peak was short-lived, as the following years witnessed significant corrections in 2022.</p>
<p>In 2023, Bitcoin managed to stage a comeback, surging by over 150%. &nbsp;</p>
<h2 id="high-hopes-for-2024">High hopes for 2024&nbsp;</h2>
<p>As 2024 begins, <a href="https://u.today/these-are-top-bitcoin-btc-price-predictions-for-2024" rel="noopener noreferrer nofollow">predictions</a> for Bitcoin's future are varied. On the conservative end, Mark Mobius suggests a potential price of $60,000. On the more bullish side, CoinFund predicts a rise to as much as $500,000.</p>
<p>The potential approval of a Bitcoin ETF is adding to the conversation, with some like Michael Saylor viewing it as a pivotal development. However, others, including analysts at CryptoQuant, caution against potential volatility post-approval.</p>

Bitcoin (BTC) Starts New Year on Bullish Note

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