Bitcoin grew more than by 160% in 2023

12:19 - 26.12.2023


December 26, Fineko/abc.az. This year, bitcoin increased more than by 160% - from $16,500 up to $44,000.

ABC.AZ reports that the rise in the bitcoin exchange rate has increased the market capitalization of the leading digital asset by about $530 billion.

Investors began to take risks again, and many other cryptocurrencies soared in price. So, an investor who bought Solana (SOL) for $100,000 at the beginning of 2023 would now make profit of over $800,000.

At that, the first cryptocurrency continues to trade below its historical maximum of $69,000, recorded in November 2021.

In early December, BTC rose to $44,200, setting local maximum at this level since April 2022.