Bitcoin historical price chart, the most complete historical price details at a glance-web3.0-php.cn

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Bitcoin historical price chart, the most complete historical price details at a glance

Charles William Harris

Oct 16, 2024 pm 03:20 PM

BitcoincryptocurrencyStablecoin

Bitcoin has experienced wild price fluctuations since its launch in 2009. After an early period of steady growth, Bitcoin reached its first peak in 2013, before experiencing its first crash in 2014. In 2016-2017, Bitcoin surged again, reaching all-time highs, but suffered a second crash in 2018. Bitcoin subsequently experienced a period of relative stability until its third surge in 2021, reaching new all-time highs. However, in 2022, Bitcoin price fell sharply, falling back to over 70%, marking its latest market volatility.

Bitcoin historical price chart, the most complete historical price details at a glance

Bitcoin historical price chart

1. Early growth: 2009-2013

Bitcoin was initially worth a few cents but reached its first significant peak in history in 2011 at $32.
In 2013, there was another huge surge, peaking at $1,200.

2. The First Crash: 2014

In 2014, the value of Bitcoin plummeted 80% to below $300.
The crash was due to regulatory and safety issues, as well as the bursting of a speculative bubble in the market.

3. Second growth: 2016-2017

In 2016, Bitcoin began to recover and set a new history in 2017 Highs, reaching $20,000.
The surge was driven by a general boom in the cryptocurrency market and a surge in interest from institutional investors.

4. The second crash: 2018

In 2018, the Bitcoin market experienced a sharp correction, with the price plummeting by more than 80%.
The crash was due to increased regulatory uncertainty and the bursting of the cryptocurrency bubble.

5. Stable period: 2019-2020

After the crash in 2018, the value of Bitcoin was relatively stable, ranging from $3,000 to $3,000. Fluctuates between $10,000.
This phase reflects continued interest from institutional investors in cryptocurrencies and improving market sentiment.

6. The third growth: 2021

In 2021, Bitcoin entered another bull market, hitting a record high of $68,000 .
The surge was driven by large Bitcoin purchases by hedge funds and investment firms.

7. Recent fluctuations: 2022 to present

In 2022, the price of Bitcoin fell sharply, falling by more than 70% from its historical high. .
The crash was caused by a variety of factors, including economic headwinds, regulatory concerns, and a loss of confidence in the TerraUSD stablecoin.

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