Bitcoin passes $45,000 for the first time in 21 months, predicted to reach record high this year

2022 was a year to forget for Bitcoin. From reaching an all-time high of around $69,000 a year earlier, it dropped below $17,000 in December 2022, the result of TerraUSD and FTX collapsing. This so-called crypto winter saw $1 trillion wiped off the value of the cryptocurrency market.

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