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International Business Times
International Business Times
Business
Marvie Basilan

Bitcoin Year In Review: A Tale Of ETFs, Bloodbaths, Politics, And $100K

Bitcoin Crypto ETF Donald Trump Eric Trump BlackRock Ethereum SEC
Bitcoin is the world's largest cryptocurrency by market cap. (Credit: AFP)

KEY POINTS

  • The biggest story of 2024 in Bitcoin was the approval of spot $BTC ETFs after a decade-long wait
  • The unprecedented bloodbath in August showed the true colors of new holders and long-time Bitcoiners
  • After an 11-month rollercoaster, Bitcoin hit $100,000 for the first time following the 2024 US elections

Bitcoin has gone through it all in 2024 – the bad, the ugly, and the good. It had multiple highs and several lows that ultimately cemented its place at the highest peak of the crypto realm.

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