Bitcoin Price in November 2014-2024, Hit the New ATH in 2024!

Bittime - Bitcoin, the first and largest crypto asset in the world, continues to experience significant price changes from year to year, especially in November.

From 2014 to 2024, Bitcoin price changes every November are very interesting. Here are the Bitcoin prices every November for the last 10 years.

Bitcoin Price in November 2014-2024

Source: instagram.com/coinsauce

1. November 2014: $475 

In 2014, Bitcoin prices were still in the hundreds of dollars, which is still relatively low compared to current levels. At that time, Bitcoin adoption was still very limited and market volatility was quite high due to the lack of regulation and the low level of public understanding of cryptocurrency.

Read Also:  Who Owns the Most Bitcoin and Big Profits from the BTC All Time High?

2. November 2015: $504 

One year later, Bitcoin has experienced a slight increase, but it is still relatively small. 2015 was the year when several financial institutions began to look at blockchain technology.

3. November 2016: $755 

In November 2016, Bitcoin experienced a more significant increase. This increase shows increasing confidence from investors and users in Bitcoin as a digital asset that has long-term growth potential.

4. November 2017: $11,424 

2017 was a historic year for Bitcoin, when the price of Bitcoin soared drastically to reach $11,424. This huge increase was caused by the increasing interest of the public and institutional investors in Bitcoin, ahead of the bull run at the end of 2017.

5. November 2018: $6,542 

However, Bitcoin experienced a major correction in November 2018. After reaching ATH at the end of 2017, the Bitcoin price experienced a significant decline to $6,542 in November 2018. 

Read Also:  This is what will happen after Bitcoin reaches ATH

6. November 2019: $9,596 

November 2019, Bitcoin increased to $9,596. This increase was largely driven by the public's better understanding of blockchain technology as well as developments in the growing DeFi sector.

7. November 2020: $19,867 

In November 2020, Bitcoin again achieved a new record. This year was marked by the adoption of large institutions such as MicroStrategy and Tesla starting to purchase Bitcoin as a reserve asset.  

8. November 2021: $69,997 

November 2021 was the highest year in Bitcoin history up to that time. In November, Bitcoin reached a new ATH. This major bull run was driven by mass adoption as well as investor optimism about Bitcoin's potential.

9. November 2022: $21,472 

After reaching ATH in 2021, Bitcoin prices fell again in November 2022. This year was a bear market year that affected many crypto assets, including Bitcoin. 

10. November 2023: $38,426 

November 2023, Bitcoin price recovered from the previous year and reached $38,426. This recovery was driven by positive sentiment from the market and the recovery of investor confidence in Bitcoin's long-term potential.

Bitcoin Price in November: Hit the New ATH in 2024

Today, November 7, 2024, Bitcoin reached a new ATH at $76,460. This figure beats the previous ATH in 2021 which reached $69,997. 

In addition, this figure also reflects the increasing interest from institutional investors, the wider adoption of blockchain technology, and the influence of macroeconomic factors that drive demand for crypto assets.

Read Also:  Bitcoin Price Hits New ATH, Breaks $75,000!

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