The cryptocurrency's very first big price increase occurred in 2010 when the value of a single bitcoin jumped from just a fraction of a penny to $0.08. It has undergone several rallies and crashes since then.

When did Bitcoin peak?

Bitcoin first crossed the $1.00 threshold in February 2011, just over a decade ago. The first major surge in Bitcoin popularity occurred in 2013, with prices spiking as high as $1,242 in November of that year before retreating. The second major surge occurred in 2017.

When did bitcoin hit all time high?

Here's what investors should do now. Bitcoin, the world's first and most-popular cryptocurrency, reached a new all-time high of $66,974 on Wednesday, Oct. 20. The new record high price followed the United States' first Bitcoin-linked ETF making its debut on the New York Stock Exchange.