Bitcoin Has Surged by 50% In 2023: Is the Bull Market Here?
Bitcoin’s dynamic push beyond $25,000 is being widely discussed across the industry. The king coin slumped to a low of $15,599 back in November 2022. This instilled fear in the community as they believed that BTC was headed toward its demise. Nevertheless, the asset was back on its feet after surging by 50% in 2023 alone. ₿𝗥𝗘𝗔𝗞𝗜𝗡𝗚 Price of #bitcoin up +50% this year. pic.twitter.com/8srpnU2CKD — Documenting ₿itcoin 📄 (@DocumentingBTC) February 16, 2023 The community was ecstatic post this rise and B itcoin soon became the talk of the crypto town. Cameron Winklevoss, Gemini CEO highlighted how the asset is much above its pre-FTX collapse price levels. He tweeted, “B itcoin just broke 25k, price levels well above pre-FTX collapse. A clear signal that our industry is moving beyond this painful chapter — we will not be defined by it. We are back to building the future....