According to BlockBeats, Bitcoin started the year at $42,258 and reached a historic high of $73,787.1 in March 2024. This significant increase was influenced by major events such as the approval of Bitcoin spot ETF by the U.S. SEC and the Bitcoin halving.
However, the price of Bitcoin has since corrected and is currently trading at $62,768.1. Despite this correction, Bitcoin has seen an overall increase of 48.46% in the first half of 2024.