Bitcoin Skyrockets: Unveiling BTC’s Greatest Single-Day Price Surges Ever Recorded

Crypto News– The surge in Bitcoin’s price continues unabated, with the launch of spot Bitcoin ETFs behind us and the eagerly awaited halving scheduled for April. A renewed sense of excitement permeates the air as Bitcoin’s price soared to $64,000 this Wednesday. While $64,000 is undeniably impressive, it pales in comparison to some of the staggering single-day gains Bitcoin has experienced in its tumultuous history.

Bitcoin Skyrockets: Unveiling BTC’s Greatest Single-Day Price Surges Ever Recorded

Let’s take a journey through time to explore the top five most remarkable single-day gains in Bitcoin’s history, as meticulously chronicled by CoinMarketCap.

April 2013:

On April 12, 2013, Bitcoin witnessed an astonishing 42% surge, catapulting from a low of $98.20 to a high of $150.85. This surge followed a previous high for the month of $232.11, marking a dramatic turnaround in fortunes.

November 2013:

Bitcoin once again astonished the world with another 42% surge on November 18, 2013, leaping from a low of $494.94 to an eye-watering $712.76. This bullish momentum mirrored the burgeoning real-world interest in Bitcoin, coinciding with the deployment of the first Bitcoin ATMs worldwide.

December 2017:

As 2017 drew to a close, Bitcoin experienced a notable 27% surge, climbing from $14,057 to $17,899, establishing its then-most significant all-time high. Driving this surge was the groundbreaking news of both the Chicago Board Options Exchange (CBOE) and the Chicago Mercantile Exchange (CME) initiating Bitcoin futures trading, opening avenues for institutional investors to engage with Bitcoin.

These historic surges serve as potent reminders of Bitcoin’s enduring volatility and its capacity to capture the imagination of investors worldwide. As the journey of Bitcoin continues, one can only wonder what future milestones and remarkable feats await this pioneering digital asset.