$BITCOIN #btc70k

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In the year 2020, Bitcoin (BTC) played a very important role in the global financial and crypto world. During this time, it became a key turning point for both investors and ordinary people beginning to understand the value of digital currency.

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In 2020, Bitcoin became a major focus for both individual investors and large institutions. After years of skepticism, people began to view it as “digital gold” — a secure store of value during uncertain economic times, especially after the COVID-19 pandemic and global market instability. During this year, Bitcoin’s price rose sharply, from around $7,000 in January 2020 to over $28,000 by December 2020. This surge was driven by growing public interest, institutional investments from companies like MicroStrategy and PayPal, and the Bitcoin halving event in May 2020, which reduced new Bitcoin supply and increased scarcity.