The strong performance is being felt in the rest of the crypto market, too.
Bitcoin had a horrific 2022.
But Bitcoin’s price made a slow and steady recovery across 2023, rallying by more than 150%.
It hit a 21-month peak of over $45,000 last month and has been mostly trending upwards ever since.
At the time of writing, Bitcoin’s price is $51,807.
The last time it was this high was in November 2021.
Based on previous halvings, BTC’s price is expected to rise following the event.
Bitcoin’s performance is pushing the other big cryptocurrencies to their highest prices in years.
It’s seen the total value of the crypto market edge close to $2 trillion.
