Bitcoin price index 2012-2019

Bitcoin declined against the dollar at the end of the fourth quarter of 2019, with a value of 7,208 dollars per coin.

Bitcoin as an investment

The number of bitcoins in circulation is determined by the “mining” process, where users sell computing power to the currency in exchange for a small amount of bitcoin. Given this relatively fixed supply, its price then depends on demand. This slow, predictable increase in supply also means that the market capitalization of bitcoin generally follows the price. Most analysts focus more on the investment aspects of bitcoin.

Bitcoin as a currency

An increasing number of bitcoin ATMs worldwide ndicates that it is increasingly used for purchasing, not only investment transactions. Particularly in tech-savvy areas, retailers and service providers are also beginning to accept bitcoin in exchange for goods and services. However, a high average confirmation time compared to other technologies means that bitcoin may not be suitable for small transactions at the moment.

Bitcoin price index from the first quarter of 2012 to the 4th quarter of 2019

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Release date

January 2020



Survey time period

Q1 2012 to Q4 2019

Special properties

End of quarter data

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Statistics on "Bitcoin"

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