Today, people in the cryptocurrency community witnessed history: BTC successfully broke through $100,000!
Bitcoin (BTC) has experienced several significant price milestones throughout its history. Here are some key dates and their intervals:
$100,000: On December 5, 2024, Bitcoin first broke through $100,000, taking approximately 7 years to rise from $10,000 to $100,000.
$10,000: On November 28, 2017, Bitcoin first broke through $10,000, taking about 4 years to rise from $1,000 to $10,000.
$1,000: On November 28, 2013, Bitcoin first reached $1,000, taking about 7 months to rise from $100 to $1,000.
$100: On April 1, 2013, Bitcoin first broke through $100, taking about 2 years to rise from $10 to $100.
$10: In June 2011, Bitcoin first broke through $10, taking about 4 months to rise from $1 to $10.
$1: On February 9, 2011, it broke through $1, taking just over 2 years to reach $1.
From historical data, it can be seen that the rise in Bitcoin's price is usually accompanied by high volatility. Many factors can influence its price, including market demand, the global macroeconomic environment, regulatory dynamics, and investor sentiment. The time required for price increases at each stage also reflects the gradual maturation of the market and the increase in the number of market participants.
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