KabukiPassion
Tue Jul 09 2024
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5 answers
967
Why did bitcoin rise 60 percent in 2022?
Could you elaborate on the reasons behind Bitcoin's significant 60 percent surge in value during 2022? Were there specific economic events or technological advancements that triggered this rise? Did the growing institutional adoption of Bitcoin play a role? Was there a surge in retail investor interest? Did regulatory changes in certain jurisdictions have an impact? Furthermore, did Bitcoin's rise correlate with the overall market sentiment towards cryptocurrencies? I'm interested in understanding the dynamics behind this substantial increase in value.
