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  • Writer's pictureRealFacts Editorial Team

Bitcoin’s Rollercoaster Ride: Navigating Peaks and Valleys in 2024

Bitcoin coin

The world of cryptocurrencies keeps moving fast, with prices changing quickly, rules adapting, and new ideas popping up. In this ever-changing scene, people are still fascinated by how prices can go up and down so fast. In 2024, Bitcoin remains the top digital currency, reaching impressive highs and lows. By March, it hit $68,497 per Bitcoin, with a total value of $1.35 trillion, making headlines in finance. But Bitcoin’s journey is full of sudden changes, keeping investors on their toes.

Later in March, Bitcoin’s price dropped a bit to $65,000, down 5.15% from the week before. Over the year, it’s been a bumpy ride for Bitcoin, losing 65% of its value due to big events like the Terra Luna issue, FTX’s problems, and legal troubles for Binance. This up-and-down story makes it hard to guess where Bitcoin’s price will be in 2025.

But despite the challenges, Bitcoin keeps bouncing back, hitting new record highs. On March 8, 2024, it went over $70,000, reaching $70,083, and soon after, it jumped to $73,750. These jumps pushed Bitcoin’s total value up to $1.44 trillion, making a big impact on the overall cryptocurrency market worth $2.77 trillion.


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