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How much did Bitcoin cost in the past five years?

avatarGurnoor SinghJan 14, 2022 · 3 years ago1 answers

Can you provide the historical price of Bitcoin over the past five years? I'm interested in knowing the price fluctuations and trends during this period.

How much did Bitcoin cost in the past five years?

1 answers

  • avatarJan 14, 2022 · 3 years ago
    As an expert in the cryptocurrency industry, I can tell you that Bitcoin's price over the past five years has been quite a roller coaster. In 2016, it started the year at around $430 and ended at around $960. Then came 2017, the year of the Bitcoin boom. Bitcoin reached its all-time high of nearly $20,000 in December, but it also experienced significant price corrections throughout the year. In 2018, the price took a nosedive and ended the year around $3,700. However, 2019 showed signs of recovery, with Bitcoin ending the year at around $7,200. And finally, in 2020, Bitcoin had another remarkable run, reaching over $29,000 by the end of the year. These price fluctuations are a testament to the volatility of the cryptocurrency market and the potential for both gains and losses.