How to buy Ethereum
This graph shows the conversion rate of 1 Bitcoin to 1 USD at the first of each month. Bitcoin price in dollars In September, Bitcoin consolidated around $4,000 before moving decisively higher to $5,000 and then $6,000 in mid-October. The price of $7,000 was breached on Nov. 2, and then Bitcoin spent the rest of the year melting up: A couple of weeks later Bitcoin passed $8,000, then $10,000, surging to $13,000 days later, eclipsing $16,000 and by mid-December topping out above $19,000.
April 1, 2017 — A Japanese law comes into force that brings the Bitcoin exchanges under the purview of Know Your Customer (KYC) and Anti Money Laundering (AML) rules. It also recognises Bitcoin as a type of prepaid payment instrument. Bitcoin price – $1098.07. Cryptocurrency Pairs There are many factors that condition the high volatility of Bitcoin´s price. Similarly to what happens with common assets and the currency pairs in the foreign exchange market, the increasing or decreasing interest of the public raises and/or lowers its market price. However, it also has certain specificities such as the absence of current regulation or pressure from governments. This keeps its value in constant movement, that the individual investor should frequently confront with the Bitcoin technical analysis.