“2024 has so far been another year of dramatic surges and surprising swells in the crypto ocean, highlighting both the volatility and the enduring potential of this evolving asset class. Bitcoin’s rollercoaster ride Bitcoin started the year with a bang, reaching a new all-time high of $73,098 in mid-March – a remarkable 73% surge in value compared to the beginning of 2024. This peak represented a near 5x increase from its November 2022 low of $15,742, demonstrating the dramatic price swings that characterise this market. Several factors fuelled this bullish sentiment, including the SEC’s approval of spot Bitcoin ETFs, the Bitcoin halving event, the regulation and anticipation of central bank rate cuts.” Læs hele analysen her.
Morten W. Langer