Bitcoin’s Highs and Lows — And More From Cryptocurrency’s Wild 2021 – GOBankingRates

After hitting its summer low below $30,000, Bitcoin reversed course and began rallying strongly into November 2021. Although trading was volatile along the way, investors began plowing back into the crypto and pushed it to its most-recent all-time high of $68,778.48. For investors who bought in at the summer lows, this represented a return of about 130% in four months. A combination of inflati…….

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After hitting its summer low below $30,000, Bitcoin reversed course and began rallying strongly into November 2021. Although trading was volatile along the way, investors began plowing back into the crypto and pushed it to its most-recent all-time high of $68,778.48. For investors who bought in at the summer lows, this represented a return of about 130% in four months. A combination of inflation fears and general stock market exuberance, with investors taking a “risk-on” approach, helped fuel Bitcoin’s gains.

Source: https://www.gobankingrates.com/investing/crypto/year-in-review-cryptocurrencys-wild-2021/