Bitcoin against the US Dollar registered a trading value of 61,765 on Wednesday, October 2nd, marking an increase of 825 or 1.35 percent from the previous session. Analyzing the past month, Bitcoin has experienced a 7.00 percent increase in value. Over the last year, the cryptocurrency's price soared by an impressive 125.46 percent.
Looking ahead, projections suggest that Bitcoin will settle at 59,512 by the end of this quarter, with a potential price of 48,164 in one year, based on global macro models and analysts' forecasts.