How much did Bitcoin cost in the past five years?
Gurnoor 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.
1 answers
- Jan 14, 2022 · 3 years agoAs 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.
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