Present, there are many altcoins in the crypto market and they have grown a lot. But it has gone down and gone again, but Bitcoin is the only currency that hasn't gone down yet, instead it's going up. I've noticed that Bitcoin has grown the most over the past couple of days, but altcoins haven't grown as much in comparison. Currently, we see Bitcoin market above $44000, I think it will bring $45000 very soon. Will Bitcoin Touch $50,000 By This December? What do you think about the way the Bitcoin market is currently growing?
Bitcoin has gained more popularity in a very short period of time compared to other cryptocurrencies due to which its value is now high in the market, its value is hovering around $41k to $43k as of early 2024.
If we want to talk about the past of Bitcoin then it must be said that Satoshi Nakamoto started working on Bitcoin in 2007 and presented it to people in 2009. So, Bitcoin was invented in 2009. No other crypto has been able to achieve the position that Bitcoin's value has been in since 2009.
Hopefully, its value will increase several times in the future. And the halving is going to happen in 2024, which will give Bitcoin a higher value than expected. Then the Bitcoin price will increase by several times compared to other cryptocurrencies.
So, it can be said that Bitcoin is the only crypto that has achieved more success in a short period of time. Which no other crypto could do.