DeFI News by Thebittimes.Com

Bitcoin (BTC) made its debut back in 2009. Today, the asset stands tall with enormous support from across the globe. But the path to this level wasn’t as easy. The king coin faced several hurdles along the way. From being linked to the dark web to being widely criticized by global leaders, BTC has endured it all. Things took a major turn for the asset towards the end of 2024. The impact of the halving event and Donald Trump’s endorsement pushed BTC beyond $100,000. This article dives into the growth of the world’s largest cryptocurrency over the span of two years. Also Read: Cardano Founder Predicts Ethereum’s Demise Within 15 Years Bitcoin’s Rise To Its All-Time High Source: Watcher Guru Bitcoin witnessed one of its best years yet in 2024. The asset jumped from a low of $49,121.24 to its all-time high of $109,114.88 within a span of 12 months. Sadly, the past two months have been challenging for the cryptocurrency. BTC dipped below the $70,000 mark, causing pani...

Bitcoin (BTC), the world’s largest cryptocurrency, witnessed major growth throughout 2024. The king coin went on to register multiple peaks during this period. To be precise, BTC surged by 110% over the past 12 months. But the thing that stands out the most for the market is the asset’s ascent above the coveted $100,000 mark. This is a major milestone not only for Bitcoin but the industry as a whole. Following its 2024 run, the community is expecting the king coin to register a bigger growth in 2025. Also Read: Ripple: AI Sets XRP Price For January 5, 2025 Most Favorable Month For Bitcoin In 2025 Source: Watcher Guru The community has high expectations for Bitcoin during this year. The predictions range from $200,000 to $250,000 for the king coin. But the real question is whether BTC will live up to these anticipations. According to data from CoinCodex, the asset is all set to record a rise. An average yearly price of $148,248 is predicted for Bitcoin in 2025, with a trading...

A legendary trading expert has warned young people banking on Bitcoin (BTC) as their ticket to financial freedom, even as proponents maintain the asset is poised for record highs. According to Peter Brandt, Bitcoin bull cycles have significantly ‘degenerated in magnitude’ over time, noting that Gen Z and millennials may have set their expectations regarding digital currency too high, he said in an X post on December 1. “Bitcoin bull cycles have exponentially degenerated in magnitude. BTC is likely to remain a great hedge vs. fiat busts. But, the bloom is off the rose. Gen M & Zers who view BTC as the road to financial glory are likely to be very disappointed,” he said.  Picks for you Here’s how bad the U.S. debt crisis has become 18 hours ago ...