💵 Why prices are rising like in the 70s After peaking in 2022, developed countries saw inflation slowing down. However, the trend has changed: prices rose to 2.5% in December from 2.1% in September. History has seen this kind of swing before - after the first decline, don't be seduced. 🔤 Historical parallels with the 1970s The energy crisis half a century ago caused a prolonged rise in prices: inflation in the US reached 12% in 1974, fell to 5% in 1976, but rose again to 15% by 1980.
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A wallet that has been dormant for more than 14 years has moved 50 BTC worth nearly $3.4 million to a new address. The user received the first cryptocurrency for $2 in 2010. Thus, the amount has grown about 1.7 million times in 14.3 years
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Only 42 of the top 300 coins on CoinMarketCap outperformed bitcoin in 2024. 10 of the top 15 tokens are meme coins. 20 coins listed on Binance last year or earlier, and 5 this year
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