Swap Bitcoin (BTC) to Dai

At the beginning of December 2022, the BTC to DAI price chart was quite stable, mainly because both tokens were not showing big gains or loses. The price of DAI at that point was around $1, while Bitcoin was trading at around $17000 so the BTC to DAI price chart during December didn’t change as much. By the end of the month, the BTC to DAI conversion rate was going down, reaching the point of 17600. 

The situation changed at the beginning of January 2023, as Bitcoin was showing some gains, causing the BTC to DAI price chart to grow. During the first 2 weeks of January, the BTC to DAI exchange ratio reached the point of 19000, and continued growth throughout the month, reaching 19000 by the end of January. 

As Bitcoin was going through the uptrend, the piece of BTC in DAI was also growing during January. By the end of the month to swap BTC with DAI traders paid over 20000. The uptrend for the BTC/DAI trading pair price continued in February as well but at a little slower pace. In the first 2 weeks of the month, the BTC to DAI conversion rate grew, reaching 20770, but in the second half of the month the uptrend slowed down and the BTC to DAI Price chart started to stabilize. 

Since February 15 the BTC to DAI conversion rate was staying relatively stable, growing slightly. By the beginning of March to exchange BTC users paid around 21700, and the price of Bitcoin continued showing uptrend signs. In the last 2 weeks, the BTC to DAI conversion rate was staying quite stable around the level of 21500-21700.