Bitcoin's Price History
By JOHN EDWARDS Updated December 20, 2022
Reviewed by JULIUS MANSA
Fact checked by SUZANNE KVILHAUG
Among asset classes, Bitcoin has had one of the more volatile trading histories. The cryptocurrency’s first significant price increase occurred in 2010 when the value of a single bitcoin jumped from just a fraction of a penny to $0.09.
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The cryptocurrency has undergone several rallies and crashes since it became available. This article offers insight into Bitcoin's volatility and some reasons why its price acts the way it does.
Bitcoin's Price History By JOHN EDWARDS Updated December 20, 2022 Reviewed by JULIUS MANSA Fact checked by SUZANNE KVILHAUG Among asset classes, Bitcoin has had one of the more volatile trading histories. The cryptocurrency’s first significant price increase occurred in 2010 when the value of a single bitcoin jumped from just a fraction of a penny to $0.09. 1 The cryptocurrency has undergone several rallies and crashes since it became available. This article offers insight into Bitcoin's volatility and some reasons why its price acts the way it does.
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