Cryptocurrency Chronicles

In this article we will analyze the exciting history of Bitcoin 🚀

Bitcoin is the first cryptocurrency and was created in 2009 by Satoshi Nakamoto. Since then, it has become the most popular cryptocurrency and has a market capitalization of over 1 trillion dollars. Over the years, Bitcoin has experienced many ups and downs, caused by various events.

History of major Bitcoin events and their influence on it's market value

Be prepared for the next Bitcoin Halving in April 2024 - the world is waiting!

Is Bitcoin a Influencer ?

Today, there are over 20,000 cryptocurrencies in circulation. In the following chart you can see some choosen cryptocurrencies besides Bitcoin. Let's compare them, to see if we can detect some similarities.

Need Help? Imagination Emergency

Cryptocurrency Adoption Across the Globe

Worldwide interest in Bitcoin and cryptocurrencies has increased significantly in recent years. Every country has its own interest in them. The following visualization shows the interest in cryptocurrencies in the various countries.

Stability of Bitcoin in comparison to other Cryptocurrencies

In the following visualization you can see the price deviation of the top 30 cryptocurrencies over the last 4 Quartals of the Year 2023. An Increase symbolizes a positive price deviation >= 5%, a decrease a negative price deviation and a constant line a price deviation of 0-5%.

We can see, that some of the cryptocurrencies are very volatile. Only USDT which is the US Dollar was throughout the whole year stable.

Conclusion

Buy Bitcoin! No, just kidding. But if you want to buy Bitcoin, you should do it now. Because Bitcoin will be at an all-time high in the next few weeks!

The following data sources were used for this project:
https://coinmarketcap.com
https://www.coinapi.io
https://www.ft.com