“Bitcoin has demonstrated strong growth,” – could describe the cryptocurrency market situation in 2024. The price of Bitcoin has risen 54% since the beginning of the year, outperforming most of the top 50 altcoins. This was made possible by increasing investor confidence and the growing recognition of cryptocurrency as a long-term asset.

Besides Bitcoin, only six altcoins showed better performance. Experts suggest that this trend will strengthen Bitcoin’s position as the dominant cryptocurrency in the global market.