Before the #BitcoinHalving in 2020, the Bitcoin market cap was around $250 billion. During the 2021 bull run, it surged by approximately 400%, reaching $1.28 trillion. The Bitcoin price also skyrocketed from around $7,200 in 2020 (the Halving year) to $69,000 at the peak of the 2021 bull run, an increase of nearly 800%.
While past performance is not indicative of future results, these trends suggest the possibility of Bitcoin trading above $100,000 between 2024 and 2025, with a market cap potentially reaching around $10 trillion.
