Bitcoin Hit $266 on April 10, 2013 Before Falling More Than 50%
The source describes April 10, 2013 as one of Bitcoin’s most volatile 24-hour periods, with the cryptocurrency reaching a then all-time high before a sharp intraday collapse.
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Terms & Concepts
All-time high: The highest price an asset has ever reached in trading up to that point.
Volatility: A measure of how sharply and quickly an asset’s price moves over a period of time.
Bitcoin bubble: A period when Bitcoin’s price rises rapidly and then falls sharply, often amid intense speculative trading.