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Bitcoin will reach $180,000 by December 2023 following historical price cycles, TechDev predicts.
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Crypto analysts use it to gauge the health of the cryptocurrency market and to check the rate of capital inflow or outflow per time.
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Data from the cryptocurrency aggregation platform, CoinGecko shows the total crypto market cap reached a yearly high of $1.34 trillion in the middle of April 2023.
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The total crypto market capitalization measures the cumulative value of all circulating cryptocurrencies.
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On May 24, Twitter boss Elon Musk joined DeSantis and around 520,000 live listeners in the Twitter broadcast of his announcement, which was moderated by venture capitalist David Sacks.
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Ron DeSantis, the current governor of Florida, has officially thrown his hat in the 2024 United States presidential ring and has notably promised to “protect” Bitcoin (BTC) if he gets the job.
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