About This Statistic
The graph presents the evolution of bitcoin price index from December 2014 to February 2017. The bitcoin price index is an average of bitcoin prices across leading global exchanges. The bitcoin index value for end of November 2016 was 742.01 U.S. dollars.
Bitcoin – additional information
Since the Bitcoin creation in 2009, the price of this virtual currency remained quite stable until January 2013, reaching a maximum value of approximately 20 U.S. dollars. Afterwards a monthly price growth was observed until October 2013 when the price reached 198 U.S. dollars. This nearly tenfold increase in Bitcoin value proved to be insignificant in comparison to the price rally in November 2013, when the threshold of 1,100 U.S. dollars per coin was broken. Since then the Bitcoin price remains in a downtrend and Bitcoin was valued at 430.05 U.S. dollars as of December 2015.
The number of Bitcoins in circulation has grown month on month and reached 14 million in March 2014. The global value of Bitcoin amounted to approximately 10.1 trillion U.S. dollars as of January 2014 and was much higher than the value of other internet currencies such as Ripple, Litecoin or Peercoin.
As of February 2015 there were 329 Bitcoin ATMs worldwide. The countries with highest number of Bitcoin ATMs were United States (111), Canada (61), Australia (20) and United Kingdom (19).
There are still many concerns about using Bitcoin for online transactions and the security of this virtual currency is seen as one of the most important factors influencing the decision about the Bitcoin purchase.