Bitcoin Price on November 18, 2011

2011-11-18

Market Data

Close
$2.5
Open
$2.5
High
$2.79
Low
$2.5
1-day change
-16.39%
7-day change
-24.24%
30-day change
-36.22%
1-year change
+825.93%
All-time high as of this date
$29.6
Drawdown from ATH
-91.55%
Cycle stage
Bear market

Halving Era 1

Block reward
50 BTC
Days into era 1
1,049
Days until next halving
376

On-Chain

Hash rate
7.77 GH/s
Difficulty
1,192,497.75
Active addresses
10,146
Transactions
5,169

Major Event

  • Bitcoin Falls Below $2

    Bitcoin hits its cycle low of approximately $2 on Mt. Gox, down 93% from its June peak. The prolonged bear market wipes out many early speculators but marks the end of Bitcoin's first boom-bust cycle.

    milestone · negative