Bitcoin
$64,767.54+2.92%
Ethereum
$3,095.32+1.25%
Binance Coin
$561.26+2.27%
Solana
$144.55+5.99%
XRP
$0.50030525+0.49%
Toncoin
$7.07+12.57%
Dogecoin
$0.15301390+1.92%
Cardano
$0.46568514+2.71%
Shiba Inu
$0.00002327+3.23%
Avalanche
$35.43+0.35%
Wrapped Bitcoin
$64,928.71+2.95%
Tron
$0.10936838-0.73%
PlayIconNav
Crypto Prices CoinDesk 20 Index CoinDesk 20 Index

Opinion

Why Bitcoin's Longest Run Above $10,000 Matters

Bitcoin has been above $10,000 for even longer than the record 2017-18 run, giving confidence to long-term HODLers in the process.

By Nathaniel Whittemore
AccessTimeIconSep 28, 2020 at 7:00 p.m. UTC
Updated Sep 14, 2021 at 10:01 a.m. UTC
AccessTimeIconSep 28, 2020 at 7:00 p.m. UTCUpdated Sep 14, 2021 at 10:01 a.m. UTC
2
AccessTimeIconSep 28, 2020 at 7:00 p.m. UTCUpdated Sep 14, 2021 at 10:01 a.m. UTC

Bitcoin has been above $10,000 for even longer than the record 2017-18 run, giving confidence to long-term HODLers in the process.

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.

Today on the Brief:

  • After four weeks down, bitcoin bounces back on suspicions that recent bearishness was overblown
  • KuCoin exchange gets hacked for somewhere between $150 million and $280 million
  • Jack Dorsey outlines Twitter’s blockchain and bitcoin beliefs during Oslo Freedom Forum appearance

See also: Understanding the Coming Currency Cold War

Our main discussion: Digging into bitcoin’s 64-day run over $10,000

Bitcoin has been above $10,000 for longer than any time in its history. Its volatility is also at recent historic lows. In this episode, NLW puts this in the context of broader market movements and explains why new price floors are self-reinforcing.

Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.