Bitcoin price hits $14,000 exactly 12 years after whitepaper released

Cointelegraph

Published Oct 31, 2020 07:00AM ET

Updated Nov 02, 2020 01:20AM ET

The price of Bitcoin (BTC) surpassed $14,000 on Oct. 31, the day Satoshi Nakamoto released the Bitcoin whitepaper in 2008. Since then, the world's biggest cryptocurrency has seen remarkable and exponential growth across various areas.

The daily price chart of Bitcoin. Source: TradingView.com

Fast forward 12 years, since the October 31, 2008 release of the whitepaper, Bitcoin is in a different growth trajectory. An institutional craze is leading the BTC rally, major financial institutions are supporting crypto assets, and the market has become increasingly liquid.

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