While Bitcoin (BTC) never lost its place as the most prominent cryptocurrency in the world, the first months of 2024 have seen interest – and interesting developments – only arise further.
From a massive crypto market wipe that saw Bitcoin’s market cap fall a staggering $80 billion in approximately a week in the immediate aftermath of the approval of nine spot BTC exchange-traded funds (ETFs), the coin started again reaching for its previous all-time high above $65,000 by rising to, by press time, about $52,000 from as little as $39,500 in mere weeks.
Analysts have also been struggling to provide accurate analysis for the cryptocurrency in the fast-paced environment with predictions – coming out in quick succession – forecasting events as diverse as a massive correction to as little as $35,000 and as a surge to new all-time highs of $80,000.
The recent developments have also been happening in the shadow of the looming halving event – itself the focal point of many human and
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