Bitcoin Outperforms in the Last 12 Months Despite Miner Struggles, Surges 124% Since September 2023

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Bitcoin Outperforms in the Last 12 Months Despite Miner Struggles, Surges 124% Since September 2023 Over the past 12 months, Bitcoin has solidified its dominance in the cryptocurrency market, rising an impressive 124% since September 2023, according to a report shared by Cointelegraph and VanEck.

As Bitcoin continues to evolve and its ecosystem matures, the future looks bright for the cryptocurrency, even as miners navigate the difficulties brought about by the latest halving.

This growth in dominance underscores the increasing trust and adoption of Bitcoin as a store of value, as institutional and retail investors alike continue to turn to the digital asset in response to economic uncertainty and inflationary pressures.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Latest News Bitcoin Outperforms

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-21 @ 09:12:37 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 927 words

Reading Time: 6 minutes read

Sentences: 38 lines

Sentence Length: 25 words per sentence (average)

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

Copyright Owner: © BitcoinWorld

News ID: 22630624

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 28 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #121

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