After hitting its summer low below $30,000, Bitcoin reversed course and began rallying strongly into November 2021. Although trading was volatile along the way, investors began plowing back into the crypto and pushed it to its most-recent all-time high of $68,778.48. For investors who bought in at the summer lows, this represented a return of about 130% in four months. A combination of inflation fears and general stock market exuberance, with investors taking a “risk-on” approach, helped fuel Bitcoin’s gains.
