Bitcoin in 2024: Donald Trump’s re-election, institutional interest turned sceptics investors

Quick Summary:

The year was marked with ups and downs, with prices rising from as low as $38,505 on January 23 to $96,082 as of Sunday, sparked by Donald Trump’s re-election as US president and large institutional interest.

But as WazirX paused withdrawals, many of its users were unable to cash in on the bitcoin rally.

On January 10, 2024, the US Securities and Exchange Commission (SEC) approved the first US-listed spot Bitcoin exchange-traded funds (ETFs).

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Sai Keerthi

Category: StartupsEconomyBusiness

Markets: India

Topics: Asset Regulatory Prices Institutional Trump January Bitcoin Policy Rally December Crypto

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-23 @ 01:00:00 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 767 words

Reading Time: 5 minutes read

Sentences: 45 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 24587833

View Article Analysis

About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 5 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 12 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #44

Publisher Details

Frequently Asked Questions