CandleFocus Bitcoin Hits New ATH, 14 Years After Trading at Just $0.50
2024-11-11
Author: Content Editor
Bitcoin, the largest cryptocurrency, has reached a new all-time high of $82,400, 14 years after being valued at just $0.50. This highlights the significant growth and acceptance of Bitcoin. The rise is fueled by a continuous rally, high trading volumes, and bullish futures market activity. Bitcoin has increased by 16,379,700% over the past 14 years. Strong demand for U.S. exchange-traded funds (ETFs) and the Federal Reserve's interest rate reduction have contributed to Bitcoin's growth. Traders are now looking towards the $100,000 level for BTC in the near future.
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