Saturday, July 5, 2025

Bitcoin’s Fourth of July Journey: From Revolutionary Imaginative and prescient To Wall Road’s Darling

This yr, the Fourth of July marks the 249th anniversary of the founding of the USA. Bitcoin BTC/USDan asset whose concepts are rooted in monetary sovereignty, has advanced considerably over the previous few Independence Days.

What occurred: Between 2020 and 2021, the apex cryptocurrency’s worth soared by a powerful 286%. Then got here the brutal bear market of 2022, which triggered a 42% decline in Bitcoin’s worth.

Since then, the main coin has been trending solely upward. After recovering by 52% in 2023, Bitcoin surged to just about $57,000 by final yr’s Independence Day.

The final quarter of 2024 and the primary half of 2025 noticed a record-breaking run, with Bitcoin peaking at $111,970. Whereas it has fallen from its highs, its worth right now is 92% greater than the identical time final yr.

From the info beneath, the compounded annual development fee for Bitcoin is roughly 64%.

12 months Bitcoin Worth (USD) Positive factors +/-
July 4, 2020 $9,132.49 Na
July 4, 2021 $35,287.78 +286.398%
July 4, 2022 $20,231.26 -42.6678%
July 4, 2023 $30,777 52.126%
July 4, 2024 $56,977.70 85.1308%
July 4, 2025 $109,002.24 91.3068%

See Additionally: Bitcoin Will get ‘Greater’ The Extra Cash Central Banks Print, Says Fashionable Crypto Analyst: ‘It’s A Lovely Factor’

Bitcoin’s libertarian beliefs, which advocated decentralization and freedom from centralized establishments, attracted many early traders. Tech billionaire and Palantir Applied sciences co-founder Peter Thiel as soon as revealed that Bitcoin’s imaginative and prescient as a cypherpunk, crypto-anarchist freedom instrument drew him to the asset.

Nothing higher embodies Bitcoin’s revolutionary ideas than the Bitcoin Whitepaper, authored by Satoshi Nakamoto. The primary sentence within the whitepaper reads: “A purely peer-to-peer model of digital money would enable on-line funds to be despatched straight from one celebration to a different with out going by way of a monetary establishment.”

Nevertheless, fact be informed. Bitcoin, because it exists right now, is drastically totally different. It has turn into more and more mainstream, with Wall Road monetary behemoths pouring thousands and thousands into its funds day by day, and having a say on its worth.

Worth Motion:  On the time of writing, Bitcoin was exchanging palms at $109,418.54, up 2.18% within the final 24 hours, in line with information from Benzinga Professional.

Photograph Courtesy: Yuganov Konstantin on Shutterstock.com

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