In February of 2011 , BTC reached $1.00, achieving parity with the U.S. dollar for the first time. Months later, the price of BTC reached $10 and then quickly soared to $30 on the Mt. Gox exchange. Bitcoin had risen 100x from the year’s starting price of about $0.30.
Read moreWhen was bitcoin worth $100?
As the market valuation of the total stock of bitcoins approached US$1 billion, some commentators called bitcoin prices a bubble. In early April 2013 , the price per bitcoin dropped from $266 to around $50 and then rose to around $100.
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