What is the historical trend of bitcoins market cap?

1 answers

• Dec 16, 2021 · 3 years ago
  When it comes to the historical trend of bitcoins market cap, the numbers speak for themselves. Bitcoin's market capitalization has witnessed exponential growth over the years. In the early days, it was a mere fraction of what it is today. However, as the popularity of bitcoin increased, so did its market cap. It reached its first major milestone in 2013, surpassing $1 billion. Since then, it has been on a rollercoaster ride, with periods of rapid growth and occasional corrections. The market cap reached its peak in 2017, but experienced a significant decline in the following year. Nevertheless, it has shown resilience and has been steadily climbing back up, reaching new highs in 2021. The historical trend of bitcoin's market cap is a reflection of its volatile nature and the evolving dynamics of the cryptocurrency market.
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