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← The People's LedgerSection B · The Wall Street desk

The People's Ledger

Don't trust, verify.Education, not financial advice.
Markets · interactive

What one bitcoin cost, over time

Pick a range, switch to log scale, and drag across the chart to read any date. H marks each halving.

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H = halving · drag or hover to read a price

Source: Coinbase via FRED (CBBTCUSD), U.S. dollars per bitcoin, one point per week, Dec 1, 2014 to Oct 22, 2026. Earlier years aren't in this series.

The Wall Street desk

How Wall Street and Washington talk about Bitcoin

In a few years, Bitcoin went from being dismissed as a fad to something regulators, the Fed and the world's biggest asset managers discuss on the record. Here is what they actually said, in their own documents.

The dataMar. 2021

Bitcoin: the best-performing asset of the decade

About 230% a year on average from 2011 to early 2021, roughly ten times the Nasdaq 100, per Charlie Bilello's data. Past returns aren't a promise.

Yahoo Finance (Benzinga)

Asset managerAug. 2022

The world's largest asset manager opens a Bitcoin trust

BlackRock launches a private Bitcoin trust for institutional clients.

Forbes

RegulatorJan. 10, 2024

The SEC approves spot Bitcoin ETFs

Eleven funds that hold actual bitcoin can trade on U.S. stock exchanges.

SEC statement

TreasuryOct. 2024

Bitcoin comes up in a Treasury market briefing

A presentation to the Treasury Borrowing Advisory Committee on digital assets and the Treasury market.

Treasury (PDF)

Central bankDec. 2024

Powell: "Like gold, it's just virtual and digital"

The Fed chair compares Bitcoin to gold rather than to the dollar.

Yahoo Finance
Read it like a skeptic
  1. Who's talking? A regulator, a central bank or a seller?
  2. What do they sell? A firm with a Bitcoin fund wants you in it.
  3. Fact or forecast? A date that happened isn't a price target.
  4. Don't trust, verify. Open the source and read it yourself.

Follow the moneyBitcoinPrice chartReserve Watch

Said by · interactive

What the “experts” think about Bitcoin

Skeptics on the left, believers on the right. Tap a face to see what they actually said, when, and where. Then check who changed their mind, and how the predictions aged.

SkepticOn the fenceBeliever

Roles are as of the date of the quote. Being quoted here isn’t an endorsement, and a prediction isn’t a promise. More voices coming.

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