Bitcoin Surges 121% in 2024, Climbing to $93,430 by Year-End

Bitcoin’s price experienced three distinct phases in 2024. The first saw a dramatic 58% rise, climbing from an average of $42,870 in January to $67,700 in March. The second phase, from March to October, showed relative stability, with prices oscillating around $64,180. In the final phase, following the 2024 presidential election, Bitcoin surged again, reaching a record $93,430 by December 31.