Bitcoin's 90% Rally This Year: Impressive but Still Tame Compared to Historic Bull Runs

Bitcoin was created in 2008 to challenge the existing system of centralized.  For the first year, bitcoin didn't have a market price;  it had no premine or any rounds of investment from big venture capital firms.  Something changed in 2010 when it started to be traded for goods and services.

And now, with Trump's victory in the 2024 U.S. presidential election, Bitcoin has once again surged, breaking through key levels and reaching new highs.  However, compared to its historic performance, the rally still falls short of past records.

Bitcoin's past performance can help you understand where its value is heading. Here's bitcoin's price history delineated since its inception.