From January 3, 2009, to December 31, 2017, Bitcoin's price shot up 14 million times, going from 0.001 USD to 14,156 USD over 3,285 days.
But from January 1, 2018, to March 19, 2026, it only climbed 4.91 times, hitting 69,504 USD from 14,156 USD. That's a staggering 3 million times difference for similar time frames.
Looking at Litecoin, from January 3, 2009 (or actually October 7, 2011) to December 31, 2017, it increased 12,000 times, rising from 0.02 USD to 232 USD. However, from January 1, 2018, to March 19, 2026, it dropped to 0.24 times, falling to 55 USD from 232 USD. That’s a crazy 50,000 times difference.
Then there’s Ethereum. From January 3, 2009 (or July 22, 2014) to December 31, 2017, it jumped 2,500 times from 0.30 USD to 757 USD. But from January 1, 2018, to March 19, 2026, it only grew 2.81 times, rising to 2,128 USD from 757 USD. That's still a 1,000 times difference.
So it looks like the turning point was around late 2017 or early 2018. Even moving the periods back or forward by a month really smooths out these differences.
These three examples highlight a trend that’s pretty common across many cryptocurrencies. If we take a look at the prices from December 31, 2017, it's clear that even excluding the 'dead coins', most have actually dropped in value:
Historical Snapshot December 31, 2017 | CoinMarketCap
Bitcoin 14,156 USD (4.91x compared to now)
XRP 2.30 USD (-37%)
Ethereum 757 USD (2.81x)
Bitcoin Cash 2,533 USD (-82%)
Cardano 0.72 USD (-63%)
Litecoin 232 USD (-76%)
IOTA 3.55 USD (-98%)
NEM 1.03 USD (-100%)
Dash 1,052 USD.
The second phase of cryptocurrencies significant price drop since early 2018
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