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Bitcoin scripted history in 2024 — here are the biggest bullish triggers for the cryptocurrency

Benzinga
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67% Informative

Bitcoin (CRYPTO: BTC) scripted history in 2024 , not only breaking the long-held record of $ 69,000 but also hitting the magical $ 100,000 milestone.

A slew of crucial developments occurred throughout the year , providing strong impetus to the apex cryptocurrency.

The electoral triumph of Donald Trump , who aggressively marketed himself as a cryptocurrency-friendly candidate during the campaign, proved the biggest positive driver for Bitcoin .

Bitcoin's Halving Event took place in April , further squeezing the supply of an asset with deflationary characteristics.

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57

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English

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56

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short-lived

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