Market · December 17, 2017
BTC peaks at ~$19,800 (cycle 3 top)
Price at event
$19,800
Today
$73,442
Since then
×3.7
Coinbase becomes the most-downloaded app on the App Store. Your dentist asks about Ripple. The 84% drawdown begins the next day.
⸺ Sources ⸺
- newsFortune (Dec 17, 2017): Bitcoin Hits a New Record High, But Stops Short of $20,000 ↗
- newsCoinDesk: From $900 to $20,000 — Bitcoin's Historic 2017 Price Run Revisited (cites ATH of $19,783.21 on Dec. 17) ↗
- referenceFRBSF Economic Letter 2018-12: How Futures Trading Changed Bitcoin Prices (peak coincided with CME futures launch) ↗