Market Cap: $2.9392T 6.250%
Volume(24h): $135.5832B 52.880%
Fear & Greed Index:

38 - Fear

  • Market Cap: $2.9392T 6.250%
  • Volume(24h): $135.5832B 52.880%
  • Fear & Greed Index:
  • Market Cap: $2.9392T 6.250%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top Cryptospedia

Select Language

Select Language

Select Currency

Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos

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.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Related knowledge

How to buy and sell Bitcoin using a P2P platform?

How to buy and sell Bitcoin using a P2P platform?

Apr 18,2025 at 05:57pm

Buying and selling Bitcoin using a P2P (peer-to-peer) platform can be an efficient way to trade cryptocurrencies directly with other individuals. This method offers flexibility, often lower fees, and the ability to use various payment methods. In this article, we will walk through the process of buying and selling Bitcoin on a P2P platform, ensuring you...

How to avoid high transaction fees in Bitcoin trading?

How to avoid high transaction fees in Bitcoin trading?

Apr 18,2025 at 12:14am

How to Avoid High Transaction Fees in Bitcoin Trading? Bitcoin trading can be exciting, but high transaction fees can quickly erode your profits. Understanding how to minimize these fees is crucial for any trader looking to maximize their returns. In this article, we will explore various strategies and techniques to help you avoid high transaction fees ...

How to see the depth chart of Bitcoin trading?

How to see the depth chart of Bitcoin trading?

Apr 17,2025 at 08:36am

Understanding the depth chart of Bitcoin trading is crucial for any serious cryptocurrency trader. The depth chart provides a visual representation of the supply and demand for Bitcoin at various price levels, helping traders make informed decisions about when to buy or sell. In this article, we will guide you through the process of accessing and interp...

How to buy Bitcoin with local currency?

How to buy Bitcoin with local currency?

Apr 18,2025 at 01:22am

Buying Bitcoin with local currency is a straightforward process that allows you to enter the world of cryptocurrencies using your familiar fiat money. Whether you are a beginner or an experienced investor, understanding the steps to acquire Bitcoin with your local currency can help you make informed decisions and manage your investments effectively. In ...

What is the Lightning Network in Bitcoin trading?

What is the Lightning Network in Bitcoin trading?

Apr 19,2025 at 02:35am

The Lightning Network is a second-layer scaling solution designed to enhance the speed and efficiency of Bitcoin transactions. It operates as an off-chain network that allows users to conduct multiple transactions without the need to settle each one individually on the Bitcoin blockchain. This significantly reduces transaction fees and speeds up the pro...

How to buy and sell Bitcoin on a decentralized exchange (DEX)?

How to buy and sell Bitcoin on a decentralized exchange (DEX)?

Apr 18,2025 at 02:42am

Buying and selling Bitcoin on a decentralized exchange (DEX) offers a different experience compared to traditional centralized exchanges. DEXs provide more privacy and control over your funds, as they allow you to trade directly with other users without an intermediary. This guide will walk you through the process of buying and selling Bitcoin on a DEX,...

How to buy and sell Bitcoin using a P2P platform?

How to buy and sell Bitcoin using a P2P platform?

Apr 18,2025 at 05:57pm

Buying and selling Bitcoin using a P2P (peer-to-peer) platform can be an efficient way to trade cryptocurrencies directly with other individuals. This method offers flexibility, often lower fees, and the ability to use various payment methods. In this article, we will walk through the process of buying and selling Bitcoin on a P2P platform, ensuring you...

How to avoid high transaction fees in Bitcoin trading?

How to avoid high transaction fees in Bitcoin trading?

Apr 18,2025 at 12:14am

How to Avoid High Transaction Fees in Bitcoin Trading? Bitcoin trading can be exciting, but high transaction fees can quickly erode your profits. Understanding how to minimize these fees is crucial for any trader looking to maximize their returns. In this article, we will explore various strategies and techniques to help you avoid high transaction fees ...

How to see the depth chart of Bitcoin trading?

How to see the depth chart of Bitcoin trading?

Apr 17,2025 at 08:36am

Understanding the depth chart of Bitcoin trading is crucial for any serious cryptocurrency trader. The depth chart provides a visual representation of the supply and demand for Bitcoin at various price levels, helping traders make informed decisions about when to buy or sell. In this article, we will guide you through the process of accessing and interp...

How to buy Bitcoin with local currency?

How to buy Bitcoin with local currency?

Apr 18,2025 at 01:22am

Buying Bitcoin with local currency is a straightforward process that allows you to enter the world of cryptocurrencies using your familiar fiat money. Whether you are a beginner or an experienced investor, understanding the steps to acquire Bitcoin with your local currency can help you make informed decisions and manage your investments effectively. In ...

What is the Lightning Network in Bitcoin trading?

What is the Lightning Network in Bitcoin trading?

Apr 19,2025 at 02:35am

The Lightning Network is a second-layer scaling solution designed to enhance the speed and efficiency of Bitcoin transactions. It operates as an off-chain network that allows users to conduct multiple transactions without the need to settle each one individually on the Bitcoin blockchain. This significantly reduces transaction fees and speeds up the pro...

How to buy and sell Bitcoin on a decentralized exchange (DEX)?

How to buy and sell Bitcoin on a decentralized exchange (DEX)?

Apr 18,2025 at 02:42am

Buying and selling Bitcoin on a decentralized exchange (DEX) offers a different experience compared to traditional centralized exchanges. DEXs provide more privacy and control over your funds, as they allow you to trade directly with other users without an intermediary. This guide will walk you through the process of buying and selling Bitcoin on a DEX,...

See all articles

User not found or password invalid

Your input is correct