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Nov 10, 2021 Bitcoin’s 2021 record
On November 10, 2021, Bitcoin reached a record of about $69,000.
- Date
- Nov 10, 2021
- Price
- ≈ $69,000
- Next record
- Mar 2024
What happened
The peak came after a year of institutional buying, new futures-based ETFs in the US, and a country adopting Bitcoin as legal tender. It was a record that stood for more than two years.
The decline began almost immediately. By the end of 2022, the price was below $17,000, a loss of roughly three quarters from the top.
Why it mattered
The 2021 high set the benchmark for the next cycle. See Bitcoin in 2021.
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