-
Bitcoin $93,870.6252
-0.86% - Ethereum
$1,791.0045
-1.79% - Tether USDt
$1.0003
-0.02% - XRP
$2.2596
2.81% - BNB
$605.2244
-0.55% - Solana
$148.7524
-0.38% - USDC
$0.9999
-0.01% - Dogecoin
$0.1802
-0.82% - Cardano
$0.7121
0.32% - TRON
$0.2461
-2.46% - Sui
$3.5750
1.73% - Chainlink
$14.6762
-1.72% - Avalanche
$21.9408
-1.65% - Stellar
$0.2852
-2.40% - UNUS SED LEO
$9.0748
0.20% - Toncoin
$3.2976
-1.49% - Hedera
$0.1918
-0.07% - Shiba Inu
$0.0...01353
-4.30% - Bitcoin Cash
$346.8961
-3.08% - Polkadot
$4.1399
-3.57% - Litecoin
$85.8943
-2.08% - Hyperliquid
$17.5593
-2.82% - Dai
$1.0000
-0.01% - Bitget Token
$4.3785
-1.04% - Ethena USDe
$0.9995
-0.01% - Pi
$0.6348
-2.46% - Monero
$229.0392
-0.48% - Pepe
$0.0...08791
-3.84% - Uniswap
$5.5299
-5.40% - Aptos
$5.4011
-3.99%
how bitcoin rise
From a speculative cryptocurrency in 2009 to an established asset in 2022, Bitcoin's journey has been characterized by surges, volatility, and growing institutional adoption.
Oct 04, 2024 at 09:30 am
How Bitcoin Gained Prominence: A Chronological Journey
1. Early Beginnings (2008-2010)
- October 2008: Bitcoin's whitepaper is published by Satoshi Nakamoto.
- January 2009: Bitcoin's blockchain goes live after the Genesis Block is mined.
- 2010: Bitcoin's value reaches $0.0008 per coin.
2. Initial Surge and Volatility (2011-2013)
- June 2011: Bitcoin hits a record high of $32 per coin.
- July 2011: Bitcoin suffers a major correction, falling below $10.
- April 2013: Bitcoin experiences a rapid rise, reaching $266 per coin.
- December 2013: Bitcoin sets a new all-time high of $1,242.
3. Widespread Acceptance and Volatility (2014-2017)
- January 2014: Bitcoin starts gaining traction as a payment method for online purchases.
- July 2015: Bitcoin experiences a major sell-off, falling to below $200.
- December 2017: Bitcoin reaches its highest-ever price of $19,783.
4. Market Maturation and Institutional Interest (2018-2020)
- January 2018: Bitcoin enters a prolonged bear market, falling to around $3,500.
- December 2019: Bitcoin begins to recover, reaching $7,000.
- March 2020: Bitcoin experiences a sharp decline during the COVID-19 pandemic, falling to below $5,000.
5. Bullish Run and Institutional Adoption (2021-Present)
- January 2021: Bitcoin sets a new all-time high of $41,940.
- November 2021: Bitcoin reaches $69,000, marking another all-time high.
- April 2022: Bitcoin falls to $35,000 amid a broader market downturn.
- June 2022: Bitcoin stabilizes around $21,000, signaling a potential rebound.
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