#ReboundRally From 0.04867 USDT to 108,338.75 USDT in 14 years

In just 14 years, the value of 1 Bitcoin skyrocketed from a mere 0.04867 USD in July 2010 to 108,338.75 USD in December 2024. This translates to a staggering return on investment (ROI) of up to 158,658,220%.

Bitcoin's Dominance in the Cryptocurrency Market

With a maximum supply capped at 21 million Bitcoins, this cryptocurrency holds an absolute dominance in the market, with a market capitalization ratio of up to 56.77%.

#ReboundRally is a term used to describe a strong price increase following a period of decline or market correction. It typically occurs when investors begin to regain confidence in the market and start buying in, driving the prices of assets up.

Some key points about #ReboundRally

Causes: There are several reasons that can lead to a #ReboundRally, including:

Positive news about the economy or politics.

Changes in monetary policy by central banks.

Improvements in the business results of companies.

Crowd psychology and the FOMO (Fear Of Missing Out) effect.