Overview of Bitcoin Performance in December 2023

Last updated on March 22nd, 2024 at 08:20 am

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There are many dramatic events in the price of Bitcoin in December 2023, which isn’t surprising anyway.

First, it crossed $40k for the first time since April 2022. April 28, 2022, was the last time BTC touched $40,269.47, before slipping below $40k.

Second, it took a nosedive movement – below $41,000 on the 11th of December- the same month that earlier brightened the hope of traders ahead of the Christmas celebration. As usual, it triggered a slump in the Cryptocurrency market.

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We’re following the performance of the most valuable crypto, here is an overview of Bitcoin Price in December 2023:

DateOpenHighClose
Dec. 31$42,152.10$42,860.94$42,265.19
Dec. 30$42,091.75$42,584.12$42,156.90
Dec. 29$42,614.64$43,124.33$42,099.40
Dec. 28$43,468.20$43,804.78$42,627.85
Dec. 27$42,518.47$43,683.16$43,442.85
Dec. 26$43,599.85$43,603.18$42,520.40
Dec. 25$43,010.57$43,765.09$43,613.14
Dec. 2443,728.3743,944.27$43,532.44
Dec. 23$44,012.20$44,015.70$43,739.54
Dec. 22$43,868.99$44,367.96$43,997.90
Dec. 21$43,648.12$44,240.67$43,869.15
Dec. 20$42,261.30$42,261.30$43,652.25
Dec. 19$42,641.51$43,354.30$42,270.53
Dec. 18$41,348.20$42,720.30$42,623.54
Dec. 17$42,236.11$42,359.50$41,364.67
Dec. 16$41,937.74$42,664.95$42,240.12
Dec. 15$43,028.25$43,087.82$41,929.76
Dec. 14$42,884.26$43,390.86$43,023.97
Dec. 13$41,468.47$43,429.78$42,890.74
Dec. 12$41,238.73$42,048.30$41,450.22
Dec. 11$43,792.02$43,808.37$41,243.83
Dec. 10$43,728.38$44,034.62$43,779.70
Dec. 9$44,180.02$44,361.26$43,725.99
Dec. 8$43,293.13$44,705.52$44,166.60
Dec. 7$43,769.13$44,042.59$43,292.66
Dec. 6$44,080.02$44,265.77$43,746.45
Dec. 5$41,986.26$44,408.67$44,080.65
Dec. 4$39,978.63$42,371.75$41,980.10
Dec. 3$39,472.21$40,135.60$39,978.39
Dec. 2$38,689.28$39,678.94$39,476.33
Dec. 1$37,718.01$38,954.11$38,688.75

Will Bitcoin Price Reach $341,000 by 2025?

Crypto Research Report (CRR), which is known for publishing future prices of Bitcoin in one of its future prices, once predicted that the most valuable cryptocurrency would reach $341,000 by 2025, but Bitcoin doesn’t seem to be on that path.

Also Read:  An Overview of Bitcoin Price From June 1-June 30, 2024

The highest it has ever reached was $68,789.63 on November 10, 2021, and presently have been down 40.16% since the All-Time High.

While traders’ expectations were high, having hit $40,000 for the first time since April 2022, it’s been stuck between $40K – $44K, according to data from CoinMarketCap.

However, the recent interest of big investment firms in Bitcoin is expected to have a huge impact on its price.

For instance, if investment firms such as Fidelity and BlackRock list BTC-focused exchange-traded funds (ETFs) for the US spot market, it will push demand for BTC up in the market, thanks to their optimism that the U.S. Securities and Exchange Commission (SEC) may soon approve the listing of the product. 

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