How did the price of Bitcoin change on October 9, 2017?

3 answers

• Humberto_CarvalhoApr 30, 2025 · 3 months ago
  On October 9, 2017, the price of Bitcoin experienced significant fluctuations. In the early morning, the price started at $4,800 and gradually increased to $5,200 by midday. However, in the afternoon, the price suddenly dropped to $4,500 due to negative news about a potential regulatory crackdown on cryptocurrencies. This caused panic selling and a sharp decline in price. Towards the evening, the price stabilized around $4,600, but overall, it was a volatile day for Bitcoin.
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• Dave ParkerMay 13, 2021 · 4 years ago
  October 9, 2017 was a rollercoaster ride for Bitcoin. The price started the day at $4,800 and reached a peak of $5,200 before plummeting to $4,500 in the afternoon. This sudden drop was attributed to rumors of increased regulation and uncertainty surrounding the future of cryptocurrencies. However, the price managed to recover slightly and ended the day around $4,600. It was a day of high volatility and market speculation.
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• Toneop healthOct 22, 2022 · 3 years ago
  According to historical data, the price of Bitcoin on October 9, 2017, experienced significant fluctuations. It started the day at $4,800 and reached a high of $5,200 before dropping to $4,500 in the afternoon. This price drop was mainly driven by negative news and regulatory concerns. However, the price managed to stabilize around $4,600 towards the end of the day. It was a day of intense market activity and uncertainty for Bitcoin traders.
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