Bitcoin’s inauguration became an instant hit among online netizens seeking cheaper monetary transactions for cross-border payments. The network also gave users anonymity and privacy alongside increased security offered by blockchain technology. Within a short while, users also realized that Bitcoin’s success could offer a lucrative investment opportunity for holders, and post-2013, the number of BTC holders began to increase exponentially. Ethereum followed suit as the second cryptocurrency to debut, pioneering the knowledge, skills, and applicability of smart contracts that have significantly revolutionized the DeFi arena. Bitcoin Price Prediction Precisely predicting the final price of a digital asset is very difficult.
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