Bitcoin price index from October 2016 to October 2018 (in U.S. dollars)

in crypto •  6 years ago 

Bitcoin price index

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The graph presents the evolution of bitcoin price index from October 2016 to October 2018. The bitcoin price index is an average of bitcoin prices across leading global exchanges. The bitcoin index value for the end of September 2018 amounted to 6,320.45 U.S. dollars. More information on bitcoin and other crypto-currencies can be found in our Statista Report 2017.

Bitcoin - additional information

Since the Bitcoin creation in 2009, the price of this virtual currency remained quite stable until January 2013, reaching a maximum value of approximately 20 U.S. dollars. Afterwards a monthly price growth was observed until October 2013 when the price reached 198 U.S. dollars. This nearly tenfold increase in Bitcoin value proved to be insignificant in comparison to the price rally in November 2013, when the threshold of 1,100 U.S. dollars per coin was broken. After a period of downtrend which followed, Bitcoin price reached 1,349.19 U.S. dollars in April 2017.

The number of Bitcoins in circulation has grown month on month and reached over 17 million in September 2018. The global value of Bitcoin amounted to approximately 10.1 trillion U.S. dollars as of January 2014 and was much higher than the value of other internet currencies such as Ripple, Litecoin or Peercoin.

As of October 2018, there were 3,789 Bitcoin ATMs worldwide. In the same time period, the countries with highest number of Bitcoin ATMs were United States (2,142), Canada (593), United Kingdom (197), Austria (226) and Russian Federation (63).

Source: statista.com

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