Bitcoin Price History: A Decade of Ups and Downs
From Inception to 2024
The price of Bitcoin (BTC), the world's largest cryptocurrency, has seen dramatic fluctuations since its inception in 2009. In 2014, BTC experienced a significant decline, dropping 57.6% for the year to close at $320.19 on December 31st.
2014: A Bearish Year
The year 2014 marked a challenging period for Bitcoin. The closing price in 2013 was $795.82, and the cryptocurrency's value continued to decline throughout the following year. Factors contributing to this bear market included regulatory uncertainty and security concerns.
Recovery and New Peaks
Despite the challenges faced in 2014, Bitcoin recovered and went on to reach a new peak value of nearly $20,000 in 2017. The cryptocurrency has since experienced further volatility, but its long-term trend has been one of growth and adoption.
Interactive Chart: BTC to PHP
To track the price history of Bitcoin against the Philippine Peso (PHP), you can access an interactive historical chart that provides detailed information on daily price fluctuations. This chart offers a comprehensive view of Bitcoin's performance in the Philippines over time.
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