April 23, 2024

Bitcoin has surged 67% in value since September

Even with a regulatory crackdown on cryptocurrency exchanges in the past year, the price of bitcoin rose steadily through most of 2023, and now sits at around $43,610 — a nearly $18,000 increase in value since September.

Bitcoin hit a peak value of around $68,000 in November 2021. But by November 2022, it had lost more than 75% of that value following the collapse of FTX, the largest cryptocurrency exchange at the time. And now, it’s bounced back up again.

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