This year, the Fourth of July marks the 249th anniversary of the founding of the United States. Bitcoin (CRYPTO: BTC), an asset whose ideas are rooted in financial sovereignty, has evolved significantly over the last few Independence Days.
What happened: Between 2020 and 2021, the apex cryptocurrency's value soared by an impressive 286%. Then came the brutal bear market of 2022, which triggered a 42% decline in Bitcoin’s price.
Since then, the leading coin has been trending only upward. After recovering by 52% in 2023, Bitcoin surged to nearly $57,000 by last year's Independence Day.
The last quarter of 2024 and the first half of 2025 saw a record-breaking run, with Bitcoin peaking at $111,970. While it has fallen from its highs, its value today is 92% higher than the same time last year.
From the data below, the compounded annual growth rate for Bitcoin is approximately 64%.
However, truth be told. Bitcoin, as it exists today, is drastically different. It has become increasingly mainstream, with Wall Street financial behemoths pouring millions into its funds daily, and having a say on its price.
Price Action: At the time of writing, Bitcoin was exchanging hands at $109,418.54, up 2.18% in the last 24 hours, according to data from Benzinga Pro.
Photo Courtesy: Yuganov Konstantin on Shutterstock.com
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