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Bitcoin Price Today: BTC is Down 0.70%, Trades at $66,953
The BTC sell off that began on Monday is still weighing on crypto markets as Bitcoin price today is down 0.70% and trades at $66,953.
Highlights
- Bitcoin price today hit a daily high of $67,740.0 before sliding 0.35% on October 23.
- Bitcoin's market capitalization stands at $1,312.8 billion, with a potential to surpass $2 trillion.
- Bitcoin's 24-hour trading volume is $31.7 billion, significantly higher than other popular cryptocurrencies.
The current price of Bitcoin (BTC) today is $66,620.0 as of 11 PM. As if Wednesday, BTC price hit a daily high of $67,437.0 today after sliding -1.21% on September 28.
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Why is Bitcoin price Down Today?
Bitcoin price today dropped 0.70% and trades at $66,953 on October 23, 2024. Although the weekend rally pushed BTC above $69,000, the sell-off since then has led to a near-4% crash.
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Bitcoin Price Performance Chart
*bitcoin price updated as of 11 PM.
Bitcoin’s popularity is due to its innovativeness of being the first successful digital money. Since then, many narratives have kept BTC at the forefront of the crypto market since 2009. BTC’s first-mover advantage and similarity to gold have made it an even better investment asset.
Over the past year, price of BTC today has yielded a whopping 52% return, while the second-largest cryptocurrency by market capitalization, Ethereum, stands at 18%, disappointing investors.
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Bitcoin’s Price History
The year-to-date (YTD) performance of BTC has dropped to 52% after hitting a peak of 74% in early March 2024. With the US elections coming to a close, many speculate Bitcoin price will witness massive volatility and a run to new all-time highs (ATHs). Although the current market capitalization of BTC stands at $1,318.6 billion, it could go beyond $2 trillion this cycle.
Bitcoin: The Second-Largest Cryptocurrency
Clubbing Bitcoin’s $1,318.6 billion market cap with Ethereum’s (BTC) $314 billion constitutes nearly 70% of the total crypto market capitalization. This duo is likely to capture a bigger share in the upcoming bull run that will start after the US presidential election decision on November 5.
Despite the seven-month consolidation, Bitcoin’s $1.3 trillion market cap towers over other popular cryptos like Solana (SOL) and Ripple (XRP), whose market capitalization hovers around $78 billion and $30 billion.
Bitcoin’s Trading Volume
Despite the recent drop in Bitcoin price, the 24-hour trading volume of bitcoin is $34.9 billion. Binance, one of the largest cryptocurrency exchanges, contributes about 11% to the spot trading volume and nearly 41% to the perpetuals’ trading volume. Exchanges like OKX, Bitget, etc follow Binance. Popular cryptocurrencies like SOL, XRP, and BNB have at least several times lower trading volume than BTC.
Bitcoin Network Upgrades
The updates add security, increase decentralization, and improve scalability. So far, Bitcoin’s network has scaled massively, without compromising security or decentralization. However, some believe BTC needs to scale further to become a global monetary network.
Here are some notable upgrades the Bitcoin network has received or planned to receive since its inception in 2009.
Bitcoin Blockchain Upgrades Since Inception, 2009
Here are some key milestone upgrades to the Bitcoin network over the past decade.
2020-2024
-
Taproot Upgrade (November 2021): Enhanced privacy and smart contract functionality.
-
Muir Glacier Upgrade (January 2020): Delayed the Difficulty Bomb.
2017-2019
-
Schnorr/Tapscript Upgrade (proposed, not activated): Improved signature aggregation.
-
SegWit2x (canceled): Aimed to increase block size.
-
Segregated Witness (SegWit) Upgrade (August 2017): Increased block capacity.
2015-2016
-
Bitcoin Core 0.12.0 Upgrade (February 2016): Improved performance.
-
BIP66 Upgrade (July 2015): Enhanced transaction validation.
2013-2014
-
Bitcoin Core 0.9.0 Upgrade (March 2014): Introduced watch-only wallets.
-
BIP0016 Upgrade (May 2013): Improved transaction handling.
2010-2012
-
Pay-to-Script-Hash (P2SH) Upgrade (April 2012): Enabled multisig transactions.
-
Bitcoin Core 0.6.0 Upgrade (June 2011): Introduced RPC API.
2009-2010
-
Bitcoin Core 0.3.0 Upgrade (October 2009): Initial public release.
Bitcoin Price Prediction & Trends
The recent downtrend in Bitcoin price can be attributed to the cyclical nature of buyers and sellers, which has kept BTC rangebound for the past seven months. Perhaps the consolidation could be explained by taking into account the US election, which many investors are anticipating. A conclusion to this event could induce massive volatility and target liquidity on either side, leading to whipsaws.
As a result, the next few weeks are critical in determining where Bitcoin goes next.
Bitcoin prices 2024
As of ‘September 28, here are some popular cryptocurrencies’ price-performance comparisons. The one-month performance shows BTC is up 4.73%, while year-to-date returns show BTC at 66,337.85%
Although Bitcoin price today trades at $66,953, investors can expect a shocking performance if BTC ends its seven-month consolidation and heads for new all-time high.
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Bitcoin Price For Next 30 Days
| Date | Price | Change |
|---|---|---|
| September 27, 2025 | 109289.91 | 0.12% |
| September 28, 2025 | 111804.82 | 2.42% |
| September 29, 2025 | 114539.03 | 4.93% |
| September 30, 2025 | 118050.78 | 8.14% |
| October 01, 2025 | 121156.01 | 10.99% |
| October 02, 2025 | 123743.85 | 13.36% |
| October 03, 2025 | 123986.84 | 13.58% |
| October 04, 2025 | 123021.88 | 12.7% |
| October 05, 2025 | 121417.90 | 11.23% |
| October 06, 2025 | 119944.75 | 9.88% |
| October 07, 2025 | 120433.27 | 10.33% |
| October 08, 2025 | 121052.18 | 10.89% |
| October 09, 2025 | 121948.20 | 11.72% |
| October 10, 2025 | 122293.36 | 12.03% |
| October 11, 2025 | 122169.28 | 11.92% |
| October 12, 2025 | 121765.66 | 11.55% |
| October 13, 2025 | 121273.76 | 11.1% |
| October 14, 2025 | 120857.15 | 10.72% |
| October 15, 2025 | 120533.37 | 10.42% |
| October 16, 2025 | 120574.70 | 10.46% |
| October 17, 2025 | 119632.28 | 9.59% |
| October 18, 2025 | 117331.35 | 7.49% |
| October 19, 2025 | 116094.61 | 6.35% |
| October 20, 2025 | 115456.47 | 5.77% |
| October 21, 2025 | 115024.92 | 5.37% |
| October 22, 2025 | 114552.43 | 4.94% |
| October 23, 2025 | 113222.34 | 3.72% |
| October 24, 2025 | 112512.92 | 3.07% |
| October 25, 2025 | 113251.74 | 3.75% |
| October 26, 2025 | 113658.68 | 4.12% |
Based on the Bitcoin price prediction, investors can expect a 13.44% rally from BTC in the next week. This outlook suggests BTC price could trade at around $79,982 on October 29, 2024.
Bitcoin Prices Outlook Between 2025 and 2029
2025
2026
2027
2028
2029
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $112,012.19 | $121,967.38 | $116,989.79 | 6.7% |
| February | $110,926.76 | $119,947.92 | $115,437.34 | 5.3% |
| March | $109,841.34 | $117,928.46 | $113,884.90 | 3.9% |
| April | $108,755.91 | $115,909 | $112,332.46 | 2.5% |
| May | $107,670.49 | $113,889.54 | $110,780.01 | 1% |
| June | $106,585.06 | $111,870.08 | $109,227.57 | -0.4% |
| July | $105,499.64 | $109,850.61 | $107,675.13 | -1.8% |
| August | $104,414.21 | $107,831.15 | $106,122.68 | -3.2% |
| September | $103,328.79 | $105,811.69 | $104,570.24 | -4.6% |
| October | $102,243.36 | $103,792.23 | $103,017.80 | -6% |
| November | $101,157.94 | $101,772.77 | $101,465.35 | -7.4% |
| December | $100,072.51 | $99,753.31 | $99,912.91 | -8.9% |
| All Time | $106,042.35 | $110,860.34 | $108,451.35 | -1.1% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $114,263.72 | $114,584.12 | $117,389.58 | 7.1% |
| February | $128,454.93 | $129,414.93 | $134,866.26 | 23% |
| March | $142,646.13 | $144,245.73 | $152,342.93 | 39% |
| April | $156,837.34 | $159,076.54 | $169,819.61 | 54.9% |
| May | $171,028.55 | $173,907.35 | $187,296.28 | 70.8% |
| June | $185,219.76 | $188,738.16 | $204,772.96 | 86.8% |
| July | $199,410.96 | $203,568.96 | $222,249.63 | 102.7% |
| August | $213,602.17 | $218,399.77 | $239,726.30 | 118.7% |
| September | $227,793.38 | $233,230.58 | $257,202.98 | 134.6% |
| October | $241,984.59 | $248,061.39 | $274,679.65 | 150.6% |
| November | $256,175.79 | $262,892.19 | $292,156.33 | 166.5% |
| December | $270,367 | $277,723 | $309,633 | 182.4% |
| All Time | $192,315.36 | $196,153.56 | $213,511.29 | 94.8% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $282,552.92 | $290,221.67 | $323,970.75 | 195.5% |
| February | $294,738.83 | $302,720.33 | $338,308.50 | 208.6% |
| March | $306,924.75 | $315,219 | $352,646.25 | 221.7% |
| April | $319,110.67 | $327,717.67 | $366,984 | 234.7% |
| May | $331,296.58 | $340,216.33 | $381,321.75 | 247.8% |
| June | $343,482.50 | $352,715 | $395,659.50 | 260.9% |
| July | $355,668.42 | $365,213.67 | $409,997.25 | 274% |
| August | $367,854.33 | $377,712.33 | $424,335 | 287.1% |
| September | $380,040.25 | $390,211 | $438,672.75 | 300.1% |
| October | $392,226.17 | $402,709.67 | $453,010.50 | 313.2% |
| November | $404,412.08 | $415,208.33 | $467,348.25 | 326.3% |
| December | $416,598 | $427,707 | $481,686 | 339.4% |
| All Time | $349,575.46 | $358,964.33 | $402,828.38 | 267.4% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $433,411.92 | $445,377.25 | $502,614.83 | 358.5% |
| February | $450,225.83 | $463,047.50 | $523,543.67 | 377.6% |
| March | $467,039.75 | $480,717.75 | $544,472.50 | 396.6% |
| April | $483,853.67 | $498,388 | $565,401.33 | 415.7% |
| May | $500,667.58 | $516,058.25 | $586,330.17 | 434.8% |
| June | $517,481.50 | $533,728.50 | $607,259 | 453.9% |
| July | $534,295.42 | $551,398.75 | $628,187.83 | 473% |
| August | $551,109.33 | $569,069 | $649,116.67 | 492.1% |
| September | $567,923.25 | $586,739.25 | $670,045.50 | 511.2% |
| October | $584,737.17 | $604,409.50 | $690,974.33 | 530.3% |
| November | $601,551.08 | $622,079.75 | $711,903.17 | 549.4% |
| December | $618,365 | $639,750 | $732,832 | 568.5% |
| All Time | $525,888.46 | $542,563.63 | $617,723.42 | 463.5% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $644,693.92 | $666,962.42 | $764,033.17 | 596.9% |
| February | $671,022.83 | $694,174.83 | $795,234.33 | 625.4% |
| March | $697,351.75 | $721,387.25 | $826,435.50 | 653.8% |
| April | $723,680.67 | $748,599.67 | $857,636.67 | 682.3% |
| May | $750,009.58 | $775,812.08 | $888,837.83 | 710.8% |
| June | $776,338.50 | $803,024.50 | $920,039 | 739.2% |
| July | $802,667.42 | $830,236.92 | $951,240.17 | 767.7% |
| August | $828,996.33 | $857,449.33 | $982,441.33 | 796.1% |
| September | $855,325.25 | $884,661.75 | $1,013,642.50 | 824.6% |
| October | $881,654.17 | $911,874.17 | $1,044,843.67 | 853.1% |
| November | $907,983.08 | $939,086.58 | $1,076,044.83 | 881.5% |
| December | $934,312 | $966,299 | $1,107,246 | 910% |
| All Time | $789,502.96 | $816,630.71 | $935,639.58 | 753.5% |
If BTC ends its slump and hits six-digit territory, investors can expect a kickstart to the explosive bull rally between 2025 and 2030. Based on Coingape’s Bitcoin price prediction, BTC prices could hover between $82,213.41 and $660,471.83.
In 2025, the smart contract token could exchange hands between $82,213.41 and $90,010.76, with a potential ROI of 30% from the current level. The bullish outlook is a common denominator between 2024 and 2030, and investors can expect BTC price to surpass the current ATH of $73,949 and set up a new one, close to the six-digit territory , in 2030.
Bitcoin Price Outlook between 2030 and 2050
2030
2031
2032
2033
2040
2050
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $968,296 | $1,001,643.67 | $1,148,550.75 | 947.7% |
| February | $1,002,280 | $1,036,988.33 | $1,189,855.50 | 985.3% |
| March | $1,036,264 | $1,072,333 | $1,231,160.25 | 1023% |
| April | $1,070,248 | $1,107,677.67 | $1,272,465 | 1060.7% |
| May | $1,104,232 | $1,143,022.33 | $1,313,769.75 | 1098.4% |
| June | $1,138,216 | $1,178,367 | $1,355,074.50 | 1136% |
| July | $1,172,200 | $1,213,711.67 | $1,396,379.25 | 1173.7% |
| August | $1,206,184 | $1,249,056.33 | $1,437,684 | 1211.4% |
| September | $1,240,168 | $1,284,401 | $1,478,988.75 | 1249.1% |
| October | $1,274,152 | $1,319,745.67 | $1,520,293.50 | 1286.7% |
| November | $1,308,136 | $1,355,090.33 | $1,561,598.25 | 1324.4% |
| December | $1,342,120 | $1,390,435 | $1,602,903 | 1362.1% |
| All Time | $1,155,208 | $1,196,039.33 | $1,375,726.88 | 1154.9% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $1,392,813.92 | $1,442,896.17 | $1,663,726.33 | 1417.6% |
| February | $1,443,507.83 | $1,495,357.33 | $1,724,549.67 | 1473.1% |
| March | $1,494,201.75 | $1,547,818.50 | $1,785,373 | 1528.5% |
| April | $1,544,895.67 | $1,600,279.67 | $1,846,196.33 | 1584% |
| May | $1,595,589.58 | $1,652,740.83 | $1,907,019.67 | 1639.5% |
| June | $1,646,283.50 | $1,705,202 | $1,967,843 | 1695% |
| July | $1,696,977.42 | $1,757,663.17 | $2,028,666.33 | 1750.5% |
| August | $1,747,671.33 | $1,810,124.33 | $2,089,489.67 | 1805.9% |
| September | $1,798,365.25 | $1,862,585.50 | $2,150,313 | 1861.4% |
| October | $1,849,059.17 | $1,915,046.67 | $2,211,136.33 | 1916.9% |
| November | $1,899,753.08 | $1,967,507.83 | $2,271,959.67 | 1972.4% |
| December | $1,950,447 | $2,019,969 | $2,332,783 | 2027.9% |
| All Time | $1,671,630.46 | $1,731,432.58 | $1,998,254.67 | 1722.7% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $2,023,392.25 | $2,093,853.92 | $2,420,633.92 | 2108% |
| February | $2,096,337.50 | $2,167,738.83 | $2,508,484.83 | 2188.1% |
| March | $2,169,282.75 | $2,241,623.75 | $2,596,335.75 | 2268.3% |
| April | $2,242,228 | $2,315,508.67 | $2,684,186.67 | 2348.4% |
| May | $2,315,173.25 | $2,389,393.58 | $2,772,037.58 | 2428.5% |
| June | $2,388,118.50 | $2,463,278.50 | $2,859,888.50 | 2508.7% |
| July | $2,461,063.75 | $2,537,163.42 | $2,947,739.42 | 2588.8% |
| August | $2,534,009 | $2,611,048.33 | $3,035,590.33 | 2668.9% |
| September | $2,606,954.25 | $2,684,933.25 | $3,123,441.25 | 2749.1% |
| October | $2,679,899.50 | $2,758,818.17 | $3,211,292.17 | 2829.2% |
| November | $2,752,844.75 | $2,832,703.08 | $3,299,143.08 | 2909.3% |
| December | $2,825,790 | $2,906,588 | $3,386,994 | 2989.5% |
| All Time | $2,424,591.13 | $2,500,220.96 | $2,903,813.96 | 2548.7% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $2,932,533.50 | $3,016,286.92 | $3,512,186.42 | 3103.7% |
| February | $3,039,277 | $3,125,985.83 | $3,637,378.83 | 3217.9% |
| March | $3,146,020.50 | $3,235,684.75 | $3,762,571.25 | 3332.1% |
| April | $3,252,764 | $3,345,383.67 | $3,887,763.67 | 3446.3% |
| May | $3,359,507.50 | $3,455,082.58 | $4,012,956.08 | 3560.5% |
| June | $3,466,251 | $3,564,781.50 | $4,138,148.50 | 3674.6% |
| July | $3,572,994.50 | $3,674,480.42 | $4,263,340.92 | 3788.8% |
| August | $3,679,738 | $3,784,179.33 | $4,388,533.33 | 3903% |
| September | $3,786,481.50 | $3,893,878.25 | $4,513,725.75 | 4017.2% |
| October | $3,893,225 | $4,003,577.17 | $4,638,918.17 | 4131.4% |
| November | $3,999,968.50 | $4,113,276.08 | $4,764,110.58 | 4245.6% |
| December | $4,106,712 | $4,222,975 | $4,889,303 | 4359.8% |
| All Time | $3,519,622.75 | $3,619,630.96 | $4,200,744.71 | 3731.7% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $4,281,800.50 | $4,405,970.67 | $5,059,001.08 | 4514.6% |
| February | $4,456,889 | $4,588,966.33 | $5,228,699.17 | 4669.4% |
| March | $4,631,977.50 | $4,771,962 | $5,398,397.25 | 4824.2% |
| April | $4,807,066 | $4,954,957.67 | $5,568,095.33 | 4979% |
| May | $4,982,154.50 | $5,137,953.33 | $5,737,793.42 | 5133.8% |
| June | $5,157,243 | $5,320,949 | $5,907,491.50 | 5288.6% |
| July | $5,332,331.50 | $5,503,944.67 | $6,077,189.58 | 5443.4% |
| August | $5,507,420 | $5,686,940.33 | $6,246,887.67 | 5598.2% |
| September | $5,682,508.50 | $5,869,936 | $6,416,585.75 | 5752.9% |
| October | $5,857,597 | $6,052,931.67 | $6,586,283.83 | 5907.7% |
| November | $6,032,685.50 | $6,235,927.33 | $6,755,981.92 | 6062.5% |
| December | $6,207,774 | $6,418,923 | $6,925,680 | 6217.3% |
| All Time | $5,244,787.25 | $5,412,446.83 | $5,992,340.54 | 5366% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $6,313,348.33 | $6,549,131.33 | $7,034,773.50 | 6316.8% |
| February | $6,418,922.67 | $6,679,339.67 | $7,143,867 | 6416.3% |
| March | $6,524,497 | $6,809,548 | $7,252,960.50 | 6515.9% |
| April | $6,630,071.33 | $6,939,756.33 | $7,362,054 | 6615.4% |
| May | $6,735,645.67 | $7,069,964.67 | $7,471,147.50 | 6714.9% |
| June | $6,841,220 | $7,200,173 | $7,580,241 | 6814.4% |
| July | $6,946,794.33 | $7,330,381.33 | $7,689,334.50 | 6913.9% |
| August | $7,052,368.67 | $7,460,589.67 | $7,798,428 | 7013.4% |
| September | $7,157,943 | $7,590,798 | $7,907,521.50 | 7112.9% |
| October | $7,263,517.33 | $7,721,006.33 | $8,016,615 | 7212.4% |
| November | $7,369,091.67 | $7,851,214.67 | $8,125,708.50 | 7311.9% |
| December | $7,474,666 | $7,981,423 | $8,234,802 | 7411.4% |
| All Time | $6,894,007.17 | $7,265,277.17 | $7,634,787.75 | 6864.1% |
Between 2023 and 2050, Bitcoin price forecast hints at a massive expansion in the six-digit territory. The average price of BTC in 2050 could be between $2.9 million and $3.3 million. Investors should take these long-term forecasts with a grain of salt and also consider that these forecasts are bound to change depending on the developments at the time.
Bitcoin price performance vs. Ethereum price performance
Bitcoin has maintained a strong lead against ETH with a year-to-date return of 52%, while Ethereum price sits at 12%.
This outlook, where BTC dominates ETH and the rest of the crypto market, will likely continue as the bull run kickstarts.
Bitcoin ETFs Impact on Bull Run
After the launch of spot Bitcoin ETF, there was a lot of outflow initially, which seemed bearish at first. However, the outlook has changed drastically since then. The cumulative Bitcoin ETF flows currently sit at a whopping $21.15 billion.
Due to the consolidation nature of the markets awaiting the conclusion of the US presidential elections, the effect of institutions buying BTC has not yet been felt. If traditional investors continue their buying spree, it could create a negative supply shock, which could trigger a massive bull run.
Tuesday, October 22, saw a net outflow of -$79.09 million, as seen in the chart above.
Frequently Asked Questions (FAQs)
1. What is Bitcoin price today?
Bitcoin's current price today is $66,509.0.
2. Why is Bitcoin's price down today?
Bitcoin's price dropped 0.70% due to a sell-off after the weekend rally.
3. What is Bitcoin's year-to-date performance?
Bitcoin's year-to-date performance is 52%, outperforming Ethereum's 18%.
Senior Cryptocurrency Analyst & Market Strategist
Engineer-turned-analyst Akash Girimath delivers data-driven insights on cryptocurrency markets, DeFi, and blockchain technology for platforms like AMBCrypto and FXStreet. Specializing in technical analysis, on-chain analytics, and risk management, he empowers institutional investors and retail traders to navigate market volatility and regulatory shifts.
A hands-on strategist, Akash merges active crypto portfolio management with research on Web3, NFTs, and tokenomics. At AMBCrypto, he led cross-functional teams to redesign content frameworks, achieving record-breaking traffic growth through scalable editorial strategies. His analyses dissect market sentiment, investment strategies, and price predictions, blending macroeconomic trends with real-world trading expertise.
Known for mentoring analysts and optimizing workflows for high-impact reporting, Akash’s work is cited across global crypto publications, reaching 500k+ monthly readers. Follow his insights on YouTube, X, and LinkedIn for cutting-edge perspectives on decentralized ecosystems and crypto innovation.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Methodology
CoinGape prepared a review methodology to rate crypto exchanges, tools, and apps. We curated a list of metrics to evaluate crypto platforms based on their services, user experience, security and customer support, payment gateways and charges, pricing and promotions. Visit our Review Methodology page to learn more about how we review each crypto platform.
This content is purely for educational purposes and should not be considered as financial advice. Do your own research before investing in any crypto platform and only invest the amount you can afford to lose.
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