Bitcoin's supply and demand ¹

Bitcoin's price history has been volatile, with the price of a single Bitcoin starting at less than $0.10 in October 2010. It then rose to $0.20, and by the end of the year, it had reached $0.30. In 2011, it reached a peak of $29.60, before a recession in the cryptocurrency market caused the price to drop to $5. The year 2012 was relatively uneventful, but Bitcoin saw strong gains in 2013, crossing $1,000 by November. Bitcoin's price moved sideways in 2018 and 2019, with small bursts of activity. In 2020, Bitcoin's price burst into action once again, opening the year at $7,161 and closing at $28,993

Bitcoin's price history has been volatile, with the price of a single Bitcoin starting at less than $0.10 in October 2010. It then rose to $0.20, and by the end of the year, it had reached $0.30. In 2011, it reached a peak of $29.60, before a recession in the cryptocurrency market caused the price to drop to $5. The year 2012 was relatively uneventful, but Bitcoin saw strong gains in 2013, crossing $1,000 by November.