Bitcoin (BTC) has experienced a significant increase in price over the past months, climbing from $69,284 per coin on Nov. 1, 2024, to a new high of $93,483 per coin this week. This surge in price has led to a revival of many previously inactive or dormant bitcoins, bringing an additional $190 million into circulation.
As the value of bitcoin continues to rise, more and more people are becoming interested in the cryptocurrency, leading to increased demand and a corresponding increase in price. This newfound interest has brought with it a wave of once-dormant bitcoins, giving the market a much-needed boost and contributing to the overall growth of the cryptocurrency industry.
