Market · June 8, 2011
Bitcoin's first bubble peaks near $31
Price at event
$30
Today
$73,442
Since then
×2481
Fueled by Adrian Chen's June 1 Gawker piece on Silk Road and the mainstream coverage that followed, BTC spikes to an all-time high around $31.91 before collapsing toward ~$2 over the next five months. Bitcoin's first true mania-and-crash cycle.
⸺ Sources ⸺