Bitcoin’s First Major Surge and Crash in 2011
In 2011, bitcoin leapt from under $1 to nearly $32 before crashing back below $3. The surge drew early mainstream attention, exposed exchange weaknesses, and set a precedent for future volatility.
Capitalizations Index – B ∞/21M
In 2011, bitcoin leapt from under $1 to nearly $32 before crashing back below $3. The surge drew early mainstream attention, exposed exchange weaknesses, and set a precedent for future volatility.
bitcoin reached its all-time high price of about $69,000 on November 10, 2021. This peak reflected strong institutional interest and speculative demand in the cryptocurrency market.
The bitcoin genesis block, mined by Satoshi Nakamoto in 2009, marks the birth of the blockchain. It defines core rules, embeds a newspaper headline, and anchors all subsequent blocks.
bitcoin’s official launch began with the Genesis Block on January 3, 2009. Mined by Satoshi Nakamoto, it marked the start of decentralized digital currency and blockchain history.
bitcoin’s first halving in November 2012 cut the block reward from 50 to 25 BTC. This programmed event reduced new supply, tested network security, and set a precedent for future halvings.
bitcoin is the first decentralized digital currency, enabling peer-to-peer transactions without banks. It uses blockchain technology to secure, verify, and record all transfers.
bitcoin’s first halving occurred in November 2012, reducing the block reward from 50 to 25 BTC. This event slowed new supply, highlighted scarcity, and set a pattern for future halvings.
Satoshi Nakamoto, the mysterious inventor of bitcoin, remains unidentified. This article examines available evidence, leading theories, and why Satoshi’s anonymity still matters today.
bitcoin’s four-year halving cycle reduces the block reward by 50%, slowing new supply. This programmed scarcity often influences market sentiment, miner behavior, and long-term price dynamics.