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What Does Bitcoin’s Price Chart Look Like From 2009 To 2022?

The price track of Bitcoin is more extensive than other crypto assets. Even though Bitcoin is the first cryptocurrency and is ranked as the top crypto asset in the market, Bitcoin is still young.

The price track of Bitcoin is more extensive than other crypto assets price. Here is a quick recap of the Bitcoin price chart history, which is full of ups, downs, and huge upswings.

2009: Bitcoin’s origin

The development of the Bitcoin currency happened simultaneously with the invention of the Bitcoin blockchain. At the time of its launch, the Bitcoin price was $0, and its founder launched a Bitcoin whitepaper to explain how this newly launched technology would work.

2010: The first jump.

Bitcoin experiences its first ever big jump during the summer of 2010. There was a noticeable price increase. During spring, the price was only a fraction of a cent which later rose to $ 0.09 by the end of July. Only a handful of people were aware of how this technology worked. By October 2010, the price again rose from $0.09 to $0.10.

2011: Bitcoin hits $1 and above.

Bitcoin, in April 2011, set foot on its first ever mini bull run as its price rose to $1. In the next three to four months, the Bitcoin price experienced a steady increase of about 3000%. Different sources show different prices; however, the price ranged between $29 and $32 by June 2011. But the price dipped to the bottom in the next four months, hitting $2 by the end of November. 2012 was not an excellent year for Bitcoin as the price failed to rise above $14.

2013: Bitcoin breaks $100, rises to $1000, and then falls.

At the beginning of 2013, the Bitcoin price was around $13.28. within the first three months of the year, the price rose to $30, and later during the last week of March, the price began a quick climb. By the first week of April, the Bitcoin price broke $100. This quick price increase brought more attention to the asset, which again resulted in a further price increase. By November 2013, the Bitcoin price broke $1000, and later in the year, that is, during December, the price dropped dramatically to $530.

2014 to 2016: Bitcoin stalls.
The crypto market exploded silently during this period, and technological intervention took another step and a shift from proof of work to proof of stake for some assets. Smart contracts and decentralized finance came to light.

There was not much price fluctuation for Bitcoin during this period, however. The price stood constant between $200 to $400. But during the second half of 2016, the price climbed higher and reached five digits the second half alone.

2017: Bitcoin kicks off a bull run.

The Bitcoin price during the b of the year was around $ 1,100. In less than 12 months, the Bitcoin price increased 12 times. The experts at that time had predicted a decline in the coming years, and the same happened in 2018 and 2019. By December 2017, the Bitcoin price rose to $20,000.

The Bitcoin price shifted sideways these two years, with few minor spikes. The highest price spike was observed in January 2018, as the price rose to $17,527. And during late 2018, in December, the price dropped down to $3,236. Again the Bitcoin price increased to $7,200 by the end of 2019.

2020: The Coronavirus Pandemic.

The pandemic shut down the entire economy, which fed fear in the markets and raised pressure on the US dollar. In 2020, there was a [price increase of about 300% from January to December (https://www.statista.com/statistics/326707/bitcoin-price-index/). As the year ended, the Bitcoin price was $29,340.

Bitcoin in 2021 and 2022

In 2021, Bitcoin doubled its price. During the first six months of 2021, the price rose to 64,000; during the summer, the price fell back to 30,000. Again, the price increased by over 68,000 in November of the same year and dropped below 35,000.

In the first half of 2022, the Bitcoin price dropped very low, erasing the gains made during the previous year. Experts have predicted the remaining half of 2022 to be eventful for Bitcoin.


Editorial Note: This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.


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