Bitcoin: Rise And Fall Last Ten Years History

Bitcoin started 2016 at $433 and ended at $959, up 121% in 12 months. Bitcoin rose to the $30 range in the first quarter of 2012, before surging rapidly in the last week of March. Bitcoin was at $213 as of November 2013, doubling in just 12 days to nearly $435. At the start of 2015, Bitcoin was hovering in a price range around $1,000. The following year, Bitcoin began trading at $13.40 and experienced two price bubbles in the same year. This rise was followed by a sharp drop as bitcoin dropped to $2.30, a drop of more than 90%. A few years later, in 2011, the digital currency exploded when its price jumped from $0.30 to $35 in just a few months, with a return of over 11,000%. It will take more than three years before the BTC price hits $1,000 again. Starting from $13 in early 2013, the price of bitcoin skyrocketed to nearly $250 in April before correcting down more than 50%. The price of bitcoin jumped from $1 in April of that year to a peak of $32 in June, gaining 3200% in three short months. After bottoming out in early 2015, the price of bitcoin made another notable upward move, rising to nearly $20,000 in December 2017. These rapid changes marked the beginning of a multi-year crash in the price of bitcoin, with the price of bitcoin hitting a low of $315 in early 2015. 3100. almost a year later, in December 2018. By mid-August, bitcoin topped $4,000 and then much higher. By September, bitcoin was firmly back below $10,000, and bitcoin kept looking for direction and falling for the remainder of 2019, ending 2019 at just under $7,200. By the end of the first month of 2022, Bitcoin had almost lost all of its gains from previous years, dropping to the $33,000 range in January 2021. Bitcoin (BTC) hit an all-time high of over $68,000 in November 2021 starting in 2022 to just under $30,000, and the cryptocurrency industry as a whole has grown to a total market capitalization of over $2 trillion. Between next year and December 2017, additional attention, the introduction of new cryptocurrencies, and mainstream financial media coverage increased the value of bitcoin by 1,729%, from $1,035.24 in January to $18,940.57 in December. The real adoption of Bitcoin started about two years later, and for the first time there was a significant increase in the price of Bitcoin.

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