At what point did Bitcoin reach its lowest value?
Christoffersen ClausenDec 27, 2021 · 3 years ago3 answers
Can you tell me when Bitcoin reached its lowest value? I'm curious to know the exact point in time when Bitcoin hit its lowest price.
3 answers
- Dec 27, 2021 · 3 years agoBitcoin reached its lowest value on December 17, 2018, when it dropped to around $3,200. This was during the infamous cryptocurrency market crash known as the 'crypto winter'. Many factors contributed to this decline, including regulatory concerns, market manipulation, and a lack of mainstream adoption. However, Bitcoin has since recovered and reached new all-time highs.
- Dec 27, 2021 · 3 years agoBitcoin hit its lowest value in late 2018, specifically on December 17th. At that time, the price dropped to approximately $3,200. It was a challenging period for the cryptocurrency market, with many investors losing confidence. However, Bitcoin's resilience and the subsequent bull run have proven its long-term potential.
- Dec 27, 2021 · 3 years agoAccording to historical data, Bitcoin reached its lowest value on December 17, 2018, when it plummeted to around $3,200. This was a significant drop from its previous highs and marked a period of uncertainty in the cryptocurrency market. However, it's important to note that Bitcoin's value is highly volatile, and it has since experienced substantial growth and reached new milestones.
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