Price
PriceMajor
2015 Bear Market Bottom — $170
Bitcoin bottoms near $170 after Mt. Gox collapse.
BTC Price
$170
Importance
78/100
Following Mt. Gox's bankruptcy, Bitcoin hit its 2015 cycle low near $170 — an 86% drawdown from the 2013 peak. Builders kept building.
Tags
#bear-market#bottom
What else happened around this time?
AdoptionMajor
Microsoft Accepts Bitcoin
Microsoft begins accepting BTC for Xbox and Windows Store.
BTC $350#microsoft#corporate
SecurityMajor
Bitstamp Hack — 19,000 BTC
Major exchange loses 19,000 BTC from hot wallet.
BTC $280#bitstamp#hack
ExchangesMajor
Coinbase Raises $75M Series C
DFJ Growth leads major Coinbase funding round.
BTC $230#coinbase#venture-capital
MiningNotable
Chinese Pools Control Majority of Hash Rate
Mining pools in China briefly exceeded 50% of global hash rate.
#china#mining