In the first half of 2024, Bitcoin increased 44.2% due to spot Bitcoin ETFs, and MicroStrategy's stock rose 118.1% after investing heavily in Bitcoin.
Bitcoin and cryptocurrency stocks experienced mixed results in the first half of 2024, with Bitcoin increasing by 44.2%, thanks to the introduction of spot Bitcoin ETFs in January. MicroStrategy, which heavily invested in Bitcoin, saw its stock rise by 118.1% in 6 months. However, most crypto miners did not share the same bullish fate, as the halving of Bitcoin mining rewards had little immediate impact on prices.
July 14, 2024
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