Bitcoin Price 2017 Movement History
2025-03-17
Bittime - Bitcoin has become the largest crypto asset by market capitalization with a fantastic price that has reached more than $100,000.
2017 was one of the best performing years for Bitcoin and has attracted the attention of investors from all over the world.
Starting from $997 at the beginning of the year to jump almost to $20,000 in less than 12 months. Read this article to find out more about Bitcoin prices 2017!
Summary of Bitcoin Price 2017
In early 2017, Bitcoin opened with a price of $997.69, but only in 10 days, prices plummeted to their lowest point of $775.98 on January 11.
Despite this, towards the end of the Bitcoin price 2017 surged to a high on December 16, closing at $13,860.
This surge is a moment for many investors to enter the Bitcoin market before the price of this asset soars higher.
Early Year Price: $997.69 on January 1st
Highest Price: $19,343.04 on December 16
Lowest Price: $775.98 on January 11th
End of Year Price: $13,860.14 on December 31
Read Also: Bitcoin Vs Gold Investment in 2025: Which Makes More Money?
Bitcoin Price 2017: January-December
Following are the Bitcoin price 2017 from January to December.
Source: Bitbo
February: After experiencing a decline in January, Bitcoin is starting to show up and succeeded in breaking through $1,000.
March: Bitcoin price is at $1,150.48
April: Bitcoin experienced a slight increase in $1,213.96
May: Bitcoin rises to $1,759.96
June: Bitcoin breaks $2,456.92
July: Bitcoin experienced a correction at $2,327,90
August: Bitcoin rose significantly to reach $4,111.22
September: Bitcoin is down to $3,603.31
October: Bitcoin rallied and rose to $5,733.90
November: Bullish trend, Bitcoin doubled to reach $9,739.06
December: Bitcoin broke through $10,000, with its highest price at $19,343.04, then finished the year at $13,860.14.
Causes of Bitcoin Price 2017 Rose Significantly
The journey of Bitcoin price 2017 is indeed very interesting. Many factors have caused this asset to start attracting a lot of attention from investors and experience a significant increase.
Some of them are:
1. Increasing global demand against Bitcoin.
2. Regulations are starting to open up against crypto assets.
3. Support from various major trading platforms.
2017 witnessed how Bitcoin grew from $997.69 to almost $20,000 in just 12 months. This surge made Bitcoin the most attractive crypto asset in the world at that time.
With large price fluctuations, many people are starting to view Bitcoin as a long-term investment asset. Will this phenomenon happen again? Let's continue to monitor Bitcoin price movements.
Read Also: Donald Trump Signs Creation of US Bitcoin Reserve
Bitcoin FAQs
What are Bitcoins?
Bitcoin is the world's first crypto asset and the largest crypto asset by market capitalization. Bitcoin was first created in 2009 by Satoshi Nakamoto, whose true identity until now no one knows.
How many Rupiah is 1 BTC?
Currently, 1 BTC is worth IDR 1,370,350,800 based on the Bittime market.
1 BTC How much is USD?
Currently, 1 BTC is worth $83,656.03 based on Coinmarketcap.
How to Buy Crypto with Bittime
Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.
Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!
Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.
Additionally, visit Bittime Blog to get various interesting updates and educational information about the world of crypto. Find trusted articles about Web3, blockchain technology, and digital asset investment tips designed to enrich your knowledge in the world of crypto.
Reference
Bitbo, Bitcoin Calendar, accessed March 17, 2024.
CoinMarketCap, Currencies-Bitcoin, accessed March 17, 2024.
Author: IPR
Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.
.png)