What was the exchange rate of Bitcoin in Canada in 2018?

3 answers

• Jan 10, 2022 · 3 years ago
  In 2018, the exchange rate of Bitcoin in Canada experienced significant volatility. The year started with Bitcoin trading at around $14,000 CAD and reached its peak in December, surpassing $20,000 CAD. However, the value of Bitcoin also experienced sharp declines during the year, with prices dropping to around $6,000 CAD at certain points. Overall, 2018 was a turbulent year for Bitcoin in Canada, with its exchange rate fluctuating greatly.
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• Jan 10, 2022 · 3 years ago
  The exchange rate of Bitcoin in Canada in 2018 was subject to various factors, including global market trends, regulatory changes, and investor sentiment. These factors contributed to the volatility in Bitcoin's value throughout the year. It's important to note that the exchange rate can vary between different cryptocurrency exchanges, so the specific rate may differ depending on the platform you're referring to.
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• Jan 10, 2022 · 3 years ago
  According to data from BYDFi, a leading cryptocurrency exchange, the exchange rate of Bitcoin in Canada in 2018 experienced significant fluctuations. The year started with Bitcoin trading at around $14,000 CAD and reached its peak in December, surpassing $20,000 CAD. However, the value of Bitcoin also experienced sharp declines during the year, with prices dropping to around $6,000 CAD at certain points. Overall, 2018 was a volatile year for Bitcoin in Canada, with its exchange rate being influenced by various market factors.
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