Bitcoin’s Journey to $15,000

Bitcoin Price Has Been on a Rocket in 2017

Bitcoin has boomed in 2017. As of Dec. 2017 – the price of Bitcoin has reached $19,000.00 USD. Bitcoin started the year at $1,000 so the rise is meteoric, to say the least.

When Bitcoin reached $10,000.00 USD in November 2017, everyone was gaga over the milestone. Since then Bitcoin has kept on rocketing to all-time heights. And with the new heights more and more people are talking about Bitcoin and cryptocurrencies.

As we speak more and more articles talk about the bullish rise in the Bitcoin price and it keeps fueling the fire of new buyers who want a piece of the Bitcoin ‘gold’ rush. How will this end for 2017? Only time will tell but for now lets journey back in time and see the rise of Bitcoin as it went from $1,000 to $10,000 this year.

Bitcoin journey to $10,000

From Visual Capitalist

 

Timeframe

Description

January 2, 2017

Bitcoin closes above the $1k mark for first time in 1,124 days

Mid-January 2017

China cracks down on crypto, partly to help control capital outflows

March 2017

The number of GitHub projects related to Bitcoin passes 10,000

May 4, 2017

Bitcoin surpasses $25B in market capitalization

August 1, 2017

Bitcoin forks into two digital currencies, Bitcoin (BTC) and Bitcoin Cash (BCH)

August 5, 2017

Bitcoin surpasses $50B in market capitalization

September 4, 2017

People’s Bank of China announces that it’s implementing a freeze on ICO funding.

September 8, 2017

It’s leaked that China is shutting down all Bitcoin exchanges in the country

September 12, 2017

JP Morgan’s Jamie Dimon calls Bitcoin a “fraud”

September 28, 2017

South Korea bans raising money through ICOs

October 20, 2017

Bitcoin passes $100B in market capitalization

October 24, 2017

Bitcoin again forks into two digital currencies, Bitcoin (BTC) and Bitcoin Gold (BTG)

October 30, 2017

Vietnam bans Bitcoin and other crypto payments

November 26, 2017

Bitcoin passes $150B in market capitalization

November 28, 2017

Bitcoin trades at $10k for the first time.

Reply

Never Miss a Bitcoin Story
in your inbox

Stay up-to-date on the latest Bitcoin news with BitcoinCentric's newsletter.