RATE Group | Bitcoin Price Bulls Come Out Fighting Ahead Of 10 Year Anniversary
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Bitcoin Price Bulls Come Out Fighting Ahead Of 10 Year Anniversary

25 Oct Bitcoin Price Bulls Come Out Fighting Ahead Of 10 Year Anniversary

Posted at 06:34h in Bitcoin News by

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Bitcoin has come a long way in just 10 short years. Despite the bitcoin price struggling to regain its highs this year, the long-term trend is hard to ignore.

The bitcoin price is up a ridiculous 10.6 million percent since CoinDesk began tracking it back in July 2010 — rising from 0.06 cents to $6,421 over that time.

Next week, on October 31, it will be the 10th anniversary of Satoshi Nakamoto’s release of the bitcoin whitepaper — leading many to look ahead to what the next 10 years will bring.

A physical bitcoin stands next to a bull on a desk on January 13, 2014 in Berlin, Germany. (Photo by Thomas Trutschel/Photothek via Getty Images)

Bitcoin has dominated investor interest over the last ten years, but that could be very different in the coming decade.

It’s only in the last five or so years that bitcoin has had any major competitors. Ethereum, the world’s second largest cryptocurrency by market capitalization, was first conceived in 2013.

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