why did crypto spike in december 2017

Last Updated on December 29, 2022 by Paganoto

Bitcoin: why the price has exploded – and where it … – Research

Bitcoin: why the price has exploded – and where it … – Research

So what has driven this huge price appreciation and is it different to the bubble of 2017? One reason for the massive price rise is that there has been a big influx of investors from large-scale institutions such as pension schemes, university endowment funds and investment trusts.Jan 13, 2021

Bitcoin's record price surge of 2017 was caused by a single …

Bitcoin's record price surge of 2017 was caused by a single …

Bitcoin’s dramatic price surge in 2017 that saw it reach record highs was caused by a single cryptocurrency trader, according to a new study …

Much of bitcoin's 2017 boom was market manipulation …

Much of bitcoin's 2017 boom was market manipulation …

New research says at least half of the 2017 rise in bitcoin prices was due to coordinated price manipulation using another cryptocurrency …

Bitcoin: why the price has exploded – and … – The Conversation

Bitcoin: why the price has exploded – and … – The Conversation

One reason for the massive price rise is that there has been a big influx of investors from large-scale institutions such as pension schemes, …

One Bitcoin “whale” may have fueled the currency's price …

One Bitcoin “whale” may have fueled the currency's price …

… price in 2017, according to researchers. That year, Bitcoin’s price jumped from under $1000 in January to more than $19000 in December.

What Was Behind Bitcoin's Insane Price Moves On Dec. 7?

What Was Behind Bitcoin's Insane Price Moves On Dec. 7?

A mix of factors were responsible for bitcoin’s price trajectory Thursday. While the choreography of trading volumes and mining rewards will …

Bitcoin Price Hits All-Time High Above $19,000, Topping 2017 …

Bitcoin Price Hits All-Time High Above $19,000, Topping 2017 …

Bitcoin surged on Monday to set its first fresh record in nearly three years, driven by a wave of new investors lured by the potential for …

From $900 to $20,000: The Historic Price of Bitcoin in 2017

From $900 to $20,000: The Historic Price of Bitcoin in 2017

Despite the pending closure of China’s “Big Three” exchanges and a global crackdown on unregulated ICOs beginning to take shape, the price of …

Bitcoin reached an all-time high last year. Now, you might be …

Bitcoin reached an all-time high last year. Now, you might be …

Bitcoin’s price peak coincided with a surge in interest in “mining” cryptocurrencies. To mine bitcoin, computers compete to solve complex …

Cryptocurrency bubble – Wikipedia

Cryptocurrency bubble – Wikipedia

17 December 2017: bitcoin’s price briefly reached a new all-time high of $19,783.06. · 22 December 2017: bitcoin fell below $11,000, a fall of 45% from its peak.