How was Bitcoin price changing? History of evolution of the most popular crypto coin
Bitcoin emerged around 10 years ago and the cryptocurrency has significantly grown in price over this time and became the most expensive of all tokens presented in the market. Today, it is not that simple to forecast the further changes in Bitcoin price, as you need to take into account lots of factors. One of them is the history of development and growth dynamics of the coin. Let’s see how Bitcoin price was changing from the moment of its arrival.
2018: what is happening in the market today?
The year started with the reduction in price, which was equal to around $10,000 in the middle of January, and dropped to $6,700 by February.
From the beginning of spring, Bitcoin price has been fluctuating in the range of $6,000-$9,000. Over the year, cryptocurrencies and blockchain technologies have continued to develop. New blockchain startups are launched, cryptocurrency regulation is introduced, and innovative application areas of the technology emerge.
Kazakhstan is one of the countries that strive to develop blockchain and cryptocurrencies. Crypto experts and blockchain enthusiasts offer Astana International Financial Centre (AIFC) to take a closer look at successful experience of other countries and start integrating the technology in Kazakhstan, following their example.
The country has all chances to become a global hub of Bitcoin mining, as low electricity prices and favorable geographical location can help Kazakhstan to turn into an attractive place for cryptocurrency mining.
Blockchain technology, its application and development in Kazakhstan will be discussed at
Blockchain & Bitcoin Conference Astana.
Details of the event and the registration form are available on the official website.