Why Texas Bitcoin Reserve Bill SB21 Matters, Its Benefits, and Potential Challenges

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The State of Texas took a bold step towards establishing a cryptocurrency reserve on Thursday, March 6, 2025, when its Senate passed Bitcoin Reserve Bill SB21, sponsored by Senator Charles Schwertner. For the bill to become law, it must pass through the Texas House of Representatives and receive the governor’s assent. Demystifying Bitcoin Reserve Bill SB21 … Read more

Bitcoin Price in February 2025: The Month BTC Slipped Below $85K Due to Panic Selling

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Bitcoin started the month at $102,402.80 per BTC and closed at $84,373.01, with a market capitalization of $1,673,219,380,516 at the end of the month. It was a month characterized by panic selling, which briefly pushed the price below $85K before recovering to $90K. However, BTC struggled to maintain this level and eventually fell below $85K. … Read more

Bitcoin Price in January 2025: The Month BTC Surged to an All-Time High of $109,114.88

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January 20, 2025, marked a significant milestone for Bitcoin as it reached an all-time high (ATH) of $109,114.88. The month was characterized by high volatility before Bitcoin hit this new record. Although the price initially faced resistance after touching $100K—trading below the mark for a brief period—it regained momentum on January 17, maintaining a value … Read more

Bitcoin Price in December 2024, Ending The Year With $1.8 Trillion Market Cap

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Bitcoin price closed at $93,429.20 at the end of 2024, with market capitalisation closing at $1,850,183,342,119. Here is the price of BTC against the US dollar from December 1 to December 31, 2024: Date Open Close Dec. 31 $92,643.25 $93,429.20 Dec. 30 $93,527.20 $92,643.21 Dec. 29 $95,174.06 $93,530.23 Dec. 28 $94,160.19 $95,163.93 Dec. 27 $95,704.97 $94,164.86 … Read more

Bitcoin’s November 2024 Surge: A Month of Records and Resilience

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November 2024 was nothing short of electrifying for Bitcoin enthusiasts and market watchers. From breaking barriers to flirting with the monumental $100,000 mark, the king of cryptocurrencies delivered a rollercoaster ride of price swings and bold statements. Whether you’re a seasoned investor or just curious about what’s driving the market, this analysis uncovers the forces … Read more

Projections for Bitcoin in Late 2024

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The surge in Bitcoin’s price through 2024 reflects a dynamic year for the cryptocurrency market. As of November 12, Bitcoin reached an all-time high of $89,956.88, underscoring its continued position as the leading digital currency. This report provides an overview of Bitcoin’s price trend from January to November 12, 2024, and projects what traders might … Read more

Review of Bitcoin Price in October 2024

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Bitcoin began October with a price of $63,335.60 and closed the month significantly higher at $70,215.19. This steady upward trend in Bitcoin’s value resulted in a market capitalization increase from approximately $1.2 trillion to over $1.38 trillion. October’s performance reflected an overall increase compared to September, where Bitcoin closed at $63,329.50. Weekly Analysis Week 1 … Read more

Review of Bitcoin Price in September 2024

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Bitcoin’s price showed notable fluctuations from September 1 to September 30, 2024, beginning the month at $58,969.80 and closing at $63,329.50, reflecting an overall positive trend with substantial intra-month volatility. Monthly Performance Highlights Starting Price: Bitcoin opened the month at $58,969.80 on September 1, with an initial drop to $57,325.49 by the end of the … Read more

Bitcoin Price from August 1 – August 31, 2024

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Bitcoin began the day at $64,625.84, sparking optimism among short-term traders and investors that it would maintain this upward trajectory. However, by the close on August 31, the price had dropped to $58,969.90. Below is a summary of Bitcoin’s price movements from August 1 to August 31, 2024:   Open High Close Aug. 31 $59,117.48 … Read more

Bitcoin Price from July 1-July 31, 2024

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Bitcoin started July 2024 at $62,034.33 and closed the day with $1,186,592,344,847 market capitalization. Within the month, the price of the most valuable crypto asset traded below $60K for more than a week before bouncing back the $60 mark. Here is how BTC performed from July 1 to July 31, 2024 Date Open High Close July 31 $66,201.27 $66,810.21 $64,619.25 … Read more