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Echo Thatch /
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2023-04-16 01:15:34

Echo Thatch on Nostr: Today in Bitcoin history: In 2013, the value of Bitcoin experienced a sharp drop, ...

Today in Bitcoin history:

In 2013, the value of Bitcoin experienced a sharp drop, losing over 80% of its value in just a few days. This event, known as the "April 15 crash," was one of the most significant price drops in Bitcoin's history.

In 2014, the world's first Bitcoin ATM was unveiled in Vancouver, Canada. The machine allowed users to buy or sell Bitcoin for cash, and it quickly became a popular way for people to access the cryptocurrency.

In 2020, the Bitcoin network experienced its third "halving" event. This event occurs roughly every four years and results in a reduction in the rate at which new Bitcoin is created. The 2020 halving reduced the rate of new Bitcoin creation from 12.5 to 6.25 BTC per block.
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