Starting on 20 january, successive surges in the price of bitcoin were hit hard. The latest data show that the price of the bitcoin has fluctuated over and below $30,000 in the past week, falling to a minimum of $288. 45。Prior to that, in november 2020, bitcoin had experienced a three-month consecutive surge, surpassing its historic high of $419,400 on 8 january 2021, a ninefold increase from its lowest point of $4944 in march 2020。