Create a FREE account and...
Manage your own Watchlist
Access all education lessons
Converse with other crypto enthusiasts
Be a part of the Interactive Crypto Community
OR
Please fill out the required fields Please fill out the required fields Please fill out the required fields
Get Into Cryptocurrency Trading Today
Bitcoin is a digital currency that operates independently from any government or bank affiliation. It is the first cryptocurrency and its value has led it to gain popularity.
There has been a significant interest in the cryptocurrency world in recent years. In 2021, there were institutional investors involved in cryptocurrency queries. As mentioned earlier, Bitcoin is the first-ever crypto. Inquiries on crypto would certainly create further interest in the most popular and well-known cryptocurrency.
In this regard, according to coinmarketcap, Bitcoin recorded an all-time high of $68,789.63 on November 10, 2021. The coin has experienced several other all-time highs before this that is the most recent.
In this article, readers get insight into bitcoin's price history and chart over the years. In addition, they also get informed of the current price of Bitcoin and its future price predictions
Bitcoin was launched in 2009 and has had a volatile trading history. As per Investopedia, its first significant price increase happened on July 17, 2010, when its singular value of bitcoin rose from just a fraction of a penny to $0.09.
It ultimately led to its price rising again on April 13 2011 from $1 to a whopping price of $29.60 by June 7, 2011. However, by the end of the year, its price had decreased to under $5.
2012 did not record many events and changes in Bitcoin. However, In 2013, it began trading at $13.28 and was already at $230 by April 8th. Afterwards, a decline of over 50% in its price followed. On July 4th, 2013, its price was $68.50.
In October, the bitcoin price was at $123. A historic rally was witnessed in November and December when the Bitcoin price rose to $1237.55 and dropped to $687.02 three days later. The bitcoin prices were decreasing throughout 2014. By the start of 2015, the price was $315.21.
According to the insider, the bitcoin prices had a high spike on 28th June 2016 following the shocking news of Britain leaving the European Union. It traded at $775. Shortly afterwards, it fell below $600. The prices started to rise again in mid-October. There was steady growth with the bitcoin price in 2016, closing over $900 at the end of the year.
According to SoFi, the bitcoin price in 2017 reached the $1100 value in January. It was an all-time high record. It broke to $2000 in May. The price soared close to $20,000 by December noting a 20 times increase from the start of the year. It led to a surge in interest in Bitcoin with mainstream media and retail investors.
Throughout 2018, the bitcoin price kept moving sideways with small spontaneous activity.
In 2020, the pandemic proved to be fatal for the economy. There were fears of inflation pressure on the US dollar. This, however, favoured bitcoin as its prices slowly accelerated upwards.
As per Investopedia, at the start of 2020, its value was $6,965.72.By the end of the year, the price was just below $29,000, making it the highest price it has ever gained of 416% since the beginning of the year.
In 2021, the price took a short time to surpass its 2020 price record. According to Investopedia, by January 2021, the bitcoin exceeded the record of $40000. By mid-April, the bitcoin prices had attained a high of over $60,000.
It was boosted by Coinbase being public and public awareness and interest.
However, in June, prices shot down by 50% to $29,795.55. In September, there was a surge leading the price to $52,693.32. It was followed by a recession in two weeks taking the price to $40,709.59. On November 10, 2021, the bitcoin price skyrocketed to reach an all-time high of $$68,789.63.
The new variant, Omicron, caused uncertainty on inflation. It led to Bitcoin losing value to $49,243.39 and continuous fluctuations.
As of 4th January 2022, under the Coinmarketcap Bitcoin price chart, the following are relevant statistics on Bitcoin price.
As per the wallet investor, the following are bitcoins price predictions:-
From the above discussion, we can conclude the following:-
Bitcoin is the leading cryptocurrency in the world. It has had significant milestones achieving all-time highs.
However, it is crucial to remember its volatility. You can look into making a long-term investment in Bitcoin. It has proved to be worth it over time.
Create a FREE account and...
Manage your own Watchlist
Access all education lessons
Converse with other crypto enthusiasts
Be a part of the Interactive Crypto Community
ALL
TRENDING
WATCHLIST
Total Market Cap The Total Market Capitalization (Market Cap) is an indicator that measures the size of all the cryptocurrencies.It’s the total market value of all the cryptocurrencies' circulating supply: so it’s the total value of all the coins that have been mined.
{[{ marketcap }]} {[{ marketcapchange.toLocaleString(undefined, {maximumFractionDigits:2}) }]}% (24H) {[{ marketcapchange.toLocaleString(undefined, {maximumFractionDigits:2}) }]}% (24H)
Symbol
Price Cryptocurrency prices are volatile, and the prices change all the time. We are collecting all the data from several exchanges to provide the most accurate price available.
24H Cryptocurrency prices are volatile… The 24h % change is the difference between the current price and the price24 hours ago.
Trade
{[{ item.name }]}
{[{ index + $index}]}
{[{ item.pair.split('_')[0] }]}
Ƀ{[{item.price.toLocaleString(undefined, {maximumFractionDigits: 5}) }]} ${[{item.price.toLocaleString(undefined, {maximumFractionDigits: 5}) }]}
{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%
{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%
Symbol
Price Cryptocurrency prices are volatile, and the prices change all the time. We are collecting allthe data fromseveral exchanges to provide the most accurate price available.
24H Cryptocurrency prices are volatile… The 24h % change is the difference between the current priceand the price24 hours ago.
Trade
{[{ item.name }]}
{[{ index + $index}]}
{[{ item.pair.split('_')[0] }]}
Ƀ{[{item.price.toLocaleString(undefined, {maximumFractionDigits: 5}) }]} ${[{item.price.toLocaleString(undefined, {maximumFractionDigits: 5}) }]}
{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%
{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%
Bitcoin breaks 900-day milestone stuck in bear market – according to realized price metrics
14 minutes ago | CryptoSlate
Nvidia CTO Claims Cryptocurrencies are Useless: AI Chatbots a Better Use of Processing Power
16 minutes ago | Cryptonews
Ethereum Gears Up For The Massive Shanghai Upgrade: Here´s What To Expect
16 minutes ago | CoinPedia
Bitcoin Holders Hit New Highs as Fed Tightening Eases
19 minutes ago | Blockworks
JustBit Casino Review
JustBit Casino, which specializes in virtual currencies, is easy to use because withdrawals are expl...
Huobi Token General Overview
Is Ripple The Cryptocurrency of 2021? - In Depth Review of Ripple XRP
Ethereum Classic Review
Monero General Overview
XBO
XBO.com cryptocurrency exchange redefines how you interact with crypto. Designed to make the benefit...
Bithumb
Understanding Bithumb This article highlights what is Bithumb and where it is located. It also di...
Bitstamp
Bitstamp's continued success in the crypto market This article highlights what Bitstamp is. I...
Bitfinex
Bitfinex general overview delves deep into its operations since its inception in 2012 up to date. It...
FTXUS
Introduction to the FTXUS Trading Platform FTXUS is a type of cryptocurrency derivatives exchange...
Mobi
Are you someone who makes international payments regularly using Bitcoin? Or do you travel a lot and...
Bitcoin.com
Bitcoin.com is a free downloadable Bitcoin wallet that allows users to trade and receive Bitcoins. T...
BTC.com
Created by Bitmain in 2016, BTC.com is a leading open-source Bitcoin and Bitcoin Cash storage platfo...
Cryptopay.me
Updated, Apr 04, 2020 Cryptopay is a revolution for Bitcoin users. This platform offers its custo...
Mycelium
MyCelium is an application for Mobile that offers many possibilities of security and confidentiality...
New All-Time Highs for Bitcoin Rates
All time high for Bitcoin price in...
Transfering Bitcoin to Your Bank Account
While most crypto exchanges only offer crypto-to-crypto trading, there are also those with...
It’s now possible to trade Bitcoins on Robinhood exchange
If prices are dropping for some cryptocurrencies, things aren’t totally dark, as some exchanges...
Etoro
...
XRP Price Predictions - Ripple Cryptocurrency Forecast
Ripple XRP investors have experienced a great year as the cryptocurrency continues to perform...
Are we going towards a definitive ban on cryptocurrency trading in India?
Following the decision of the Reserve Bank of India (RBI) to ban cryptographic banking services,...
Is Algorand a good investment?
Algorand is one of the newly listed altcoins that shows a lot of potential in the crypto market....
What are the top 10 Altcoins?
Contrary to popular belief, bitcoin is not the only cryptocurrency. New cryptos have been...
VeChain and Mastercard Back Australia-China Supply Chain
VeChain and Mastercard show support for the Asia Pacific Provenance project. The council has...
Beechat: Instant Messaging For Cryptocurrency
For those who think that cryptocurrency has reached its peak, it might be time to think again....
Mobi
Are you someone who makes international payments regularly using Bitcoin? Or do you travel a lot and...
Bitcoin.com
Bitcoin.com is a free downloadable Bitcoin wallet that allows users to trade and receive Bitcoins. T...
BTC.com
Created by Bitmain in 2016, BTC.com is a leading open-source Bitcoin and Bitcoin Cash storage platfo...
Cryptopay.me
Updated, Apr 04, 2020 Cryptopay is a revolution for Bitcoin users. This platform offers its custo...
Mycelium
MyCelium is an application for Mobile that offers many possibilities of security and confidentiality...
COMMENTS (0)