When did Bitcoin reach its lowest price?

3 answers

• Thaysen McCurdyJul 23, 2021 · 4 years ago
  Sure! Bitcoin reached its lowest price in history on December 17, 2018, when it dropped to $3,122. It was a significant decline from its peak price of nearly $20,000 in December 2017. Many factors contributed to this drop, including regulatory concerns, market manipulation, and a general market correction. However, it's important to note that Bitcoin's price is highly volatile, and it has since recovered and reached new all-time highs.
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• nevaldasSep 16, 2024 · a year ago
  Bitcoin hit its lowest price ever on December 17, 2018. It was a tough time for Bitcoin investors as the price plummeted to $3,122. This sharp decline was a result of a bear market, where selling pressure outweighed buying pressure. However, Bitcoin has shown its resilience and has bounced back since then, proving its long-term potential as a digital asset.
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• ARtorJan 08, 2023 · 3 years ago
  According to historical data, Bitcoin reached its lowest price on December 17, 2018. At that time, the price dropped to $3,122, marking a significant decline from its previous highs. This price drop was a result of various factors, including market sentiment, regulatory uncertainty, and profit-taking by traders. It's worth noting that Bitcoin's price is influenced by a multitude of factors, and it's important to consider the overall market conditions when analyzing its price movements.
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