Bitcoin’s 2023–2024 growth rate has it on track to surpass Microsoft within a year

After Microsoft, all that’s left is gold. But Bitcoin will need a price point north of $800,000 to climb that mountain.

Bitcoin has had a banner year so far in 2024. It reached a new all-time high price of $73,679 on March 13, and in the time since, it’s hung around the $70,000 threshold — putting it up more than 140% over the same time last year. 

When Bitcoin (BTC) reached its 2024 peak (so far) and new all-time high, it briefly surpassed silver as the eighth most valuable commodity in the world by market capitalization.

Related: Bitcoin price nails new $73.6K all-time high as ETFs eat away at supply

Read more

...

Read full story at Cointelegraph >