Inquiring minds want to know: how significant was the impact of Bitcoin's announcement on its own price? Did it lead to a meteoric rise, surpassing all expectations? Or was the market response more subdued, with the price fluctuating within a narrower range? Did investors and traders alike jump on the opportunity, fueling a buying frenzy? Or were there doubts and hesitations, leading to a mixed response? Understanding the
Ripple effects of this announcement is crucial in gauging the current and future trajectory of Bitcoin's value.
7 answers
Raffaele
Mon Jul 15 2024
The announcement had a muted impact on the bitcoin price.
HallyuHype
Sun Jul 14 2024
By the end of the year, bitcoin had closed at just over $3,700.
Maria
Sun Jul 14 2024
Throughout the year, bitcoin traded steadily within a range of $6,000 to $8,000.
HallyuHeroLegend
Sun Jul 14 2024
The cryptocurrency displayed resilience within this band, maintaining its value despite external factors.
Chiara
Sun Jul 14 2024
This closing price represented a decline of 73% compared to the start of the year.