When did Bitcoin first gain popularity?

3 answers

• Dec 27, 2021 · 3 years ago
  Bitcoin first gained popularity in 2017 when its price skyrocketed to nearly $20,000. This sudden surge in value attracted mainstream media attention and brought Bitcoin into the spotlight. People started to realize the potential of cryptocurrencies and the technology behind them, leading to increased interest and adoption. Since then, Bitcoin has become one of the most well-known and widely used cryptocurrencies in the world.
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• Dec 27, 2021 · 3 years ago
  Bitcoin gained popularity around 2013 when it started to be recognized as a legitimate form of digital currency. It was during this time that more businesses and individuals began accepting Bitcoin as a payment method. The growing acceptance and use of Bitcoin contributed to its popularity and paved the way for the cryptocurrency market we see today.
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• Dec 27, 2021 · 3 years ago
  Bitcoin first gained significant popularity in 2017, driven by a combination of factors such as increased media coverage, growing interest from institutional investors, and the emergence of new use cases for cryptocurrencies. This period, often referred to as the 'crypto boom,' saw Bitcoin's price reach record highs and attracted a large number of new investors to the market. Since then, Bitcoin has remained popular and continues to be a dominant force in the cryptocurrency industry.
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