Bitcoin $101,577.1 The price continues to rise despite recent fluctuations. Although the exact value is not specified because laminate data cannot be found, it is observed that BTC has experienced a significant increase since the beginning of the year.
In-Year Performance
It is stated that Bitcoin has increased by approximately 132% since the beginning of the year. Ethereum 
$3,915.0 continues to lag behind BTC, with an increase of approximately 70%. This rise contributes to Bitcoin maintaining its market leadership.
Bitcoin’s market value stands at approximately $1.93 trillion. This value is expected to reach 2 trillion dollars by 2025. Although the 24-hour trading volume is also high, major exchanges such as Binance account for a significant portion of this volume.
The Bitcoin network is regularly updated to improve its security and efficiency. In recent years, important updates such as Taproot and SegWit have been made. These updates enable more complex operations and improved privacy.
Bitcoin experts state that constant updating of the network is critical to its long-term success.
Future Prospects
Considering political and economic factors, Bitcoin is expected to end 2024 on a positive note. Experts predict that a potential bull run after the US elections could push the BTC price even higher.
Bitcoin’s first mover advantage and decentralized structure position it as digital gold and inflation hedge. These features continue to increase investors’ interest in Bitcoin.
Additionally, innovative developments in Bitcoin’s blockchain are improving the reliability of the network and the user experience. This is among the factors that support the value of Bitcoin in the long term.
Finally, Bitcoin’s wide acceptance and leading position in global markets bodes well for future price movements. Bitcoin continues to be an attractive option for investors during this period.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
