The year 2012 proved to be a generally uneventful year for Bitcoin, though it did increase by a few dollars; however, 2013 witnessed strong gains in price. Bitcoin began the year trading at $13.3 and crossed $100 by April and $200 by October.
Is Bitcoin adoption growing?
The analysis indicates a significant increase in global cryptocurrency adoption, and not just in the United States, in the coming years.
What is mass adoption in crypto?
10 January 2023. Blockchain Crypto Mass Adoption Cryptocurrency. Cryptocurrency “mass adoption” refers to the widespread use and acceptance of digital currencies as a legitimate form of payment for goods and services.
How fast is Bitcoin growing?
Bitcoin has been on a steady upward trajectory since October, when it broke through the $35,000 mark for the first time since 2022. This brings Bitcoin's total gains for 2023 to more than 158%, with a gain topping as much as 5% just over the last 24 hours.
What made Bitcoin skyrocket?
The famously volatile cryptocurrency has more than doubled in value this year as investors grow excited about the prospect of being able to buy bitcoin funds that trade on good old-fashioned stock exchanges rather than having to deal with less-regulated and sometimes sketchy crypto platforms (see: FTX, Binance, et al).
How much is Bitcoin worth after 2024 halving?
Many market observers believe the Fed is done raising rates and may begin rate cuts in 2024. Here are some Bitcoin halving 2024 price predictions from veterans in the space. CoinCodex sees a BTC price peak above $170,000 in August 2025 before a retracement to levels near $95,000 - $100,000.