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Bitcoin Price during 2020. Bitcoin rose strongly from $7,000 at the beginning of the year to more than $10,000 in mid-February. $10,000 proved to be a critical level for Bitcoin throughout the year, though it would take until October for the price to leave the $10,000s once and for all. First came the March crash.

A Crypto Rank team of analysts wrote that “despite the inherent volatility of the cryptocurrency market, venture capitalists…continue to pour significant investments into the industry.”

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