2024 will go down as one of the best years for the Cryptocurrency market. Bitcoin (BTC) led a massive rally that operated several assets to new peaks. BTC itself managed to rise to a maximum time of $ 109,114.88. This increase was due to several factors. This includes the halving event that took place earlier that year, followed by Donald Trump’s takeover as US 47th president. While society hoped that BTC could see an increase, the market moved in a different direction. Kungmyntet recorded a dip and pressed it under the $ 80,000 brand. Those who invested funds just as Trump took office could have a great loss today.
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How tall is bitcoin traded right now?
Trump started his second term of office on January 20. During that time, the world’s largest Cryptocurrency was about $ 101,083. This marks a decline of 23.67% since the beginning of the Bitcoin year.
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Contage losses
The initial investment of $ 3,000 would have raised 0.02967 BTC back on January 20 2025. But the same investment is currently valued at $ 2,289.96 mark a small decline. When the price of Bitcoin went down below $ 80,000, this investment made. With a total loss of $ 710.04, this investment decreases by 23.67%.
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