Cryptocurrency Q&A
What happened to bitcoin in 2018?
What happened to bitcoin in 2018?
KimonoSerenity
Thu Jul 11 2024
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6 answers
1433
Could you elaborate on the significant events that transpired with Bitcoin in 2018? I'm curious to understand the ups and downs that shaped the cryptocurrency's trajectory during that year. Was it a year of record highs, followed by a steep correction? Did any notable regulatory actions or technological advancements occur? Additionally, were there any major hacks or scams that impacted the Bitcoin community? I'm interested in hearing a comprehensive overview of the key happenings that defined Bitcoin's year in 2018.
6 answers
CryptoWizard
Sat Jul 13 2024
The journey of Bitcoin's price in 2018 and 2019 was a relatively stable one, punctuated by occasional bursts of activity.
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Elena
Sat Jul 13 2024
During these two years, the cryptocurrency market saw minor fluctuations, with Bitcoin's price moving sideways without significant gains or losses.
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JamesBrown
Fri Jul 12 2024
In June 2019, there was a noticeable resurgence in Bitcoin's price and trading volume. The cryptocurrency rallied strongly, breaching the psychological mark of $10,000, raising hopes among investors.
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DigitalLegendGuard
Fri Jul 12 2024
However, this upward momentum did not sustain for long. By mid-December 2019, Bitcoin's price had retreated, closing at $6,612, leaving investors with mixed feelings.
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CryptoAce
Fri Jul 12 2024
As we entered 2020, the global economy faced unprecedented challenges due to the COVID-19 pandemic. The pandemic led to lockdowns and economic shutdowns across various regions.
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