In the past year, Bitcoin has experienced a significant decrease, declining by 34.8% since January 1st, 2023. Throughout the year, the price of this cryptocurrency displayed a consistent downward trend, characterized by a temporary surge in April followed by a pronounced drop in May. At present, on January 19th, 2024, Bitcoin is being traded at $41,198.69, marking a decrease from its peak value of $69,000 during November 2021.
Source (CNBC)
