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Seeking Alpha 2021-10-20 15:30:09

Looking back at bitcoin's volatile 12-year history

Bitcoin (BTC-USD), the largest cryptocurrency by market cap, has a 12-year timeline filled with massive booms and busts that has led the digital token to reach a new all-time high on Tuesday. Started in 2009, Bitcoin (BTC-USD) made its first stretch to $1K in 2013, reaching a peak of $1,150 per BTC in December 2013, according to data from CoinMarketCap. Following the 2013 peak, bitcoin (BTC-USD) faded going into 2014, hitting a trough of just over $200 in January 2015, and consolidated a bit before momentum picks up again in 2015. It only took about 10 months before bitcoin (BTC-USD) doubled to just over $400 in November 2015. The digital token really started to gain steam in 2017, when bitcoin (BTC-USD) retook $1K highs in March 2017, surging all the way to a peak of $19.5K in December 2017, a 20-fold return in just the matter of months. Following the 2017

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