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Bitcoin 2016: ‘There Has Been an Awakening…’—A Look Back at the Market Shift

By Karly MarieMay 3, 2016Updated:March 7, 20254 Mins Read

In 2016, Bitcoin saw a fundamental shift, with adoption trends changing, miner economics improving, and short squeezes looming. Read Vinny Lingham’s insights on what fueled Bitcoin’s price trajectory.

Bitcoin (BTC) $ 108,186.99

Ethereum (ETH) $ 2,518.26

Tether (USDT) $ 1.00

XRP (XRP) $ 2.22

BNB (BNB) $ 656.05

Solana (SOL) $ 147.24

USDC (USDC) $ 1.00

TRON (TRX) $ 0.283539

Dogecoin (DOGE) $ 0.164268

Lido Staked Ether (STETH) $ 2,517.04

Cardano (ADA) $ 0.572965

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 108,136.97

Hyperliquid (HYPE) $ 39.21

Wrapped stETH (WSTETH) $ 3,039.10

Sui (SUI) $ 2.89

Bitcoin Cash (BCH) $ 486.64

Chainlink (LINK) $ 13.21

LEO Token (LEO) $ 9.04

Avalanche (AVAX) $ 17.83

USDS (USDS) $ 1.00

Stellar (XLM) $ 0.237694

Wrapped eETH (WEETH) $ 2,696.57

the-open-network

Toncoin (TON) $ 2.73

Shiba Inu (SHIB) $ 0.000011

Litecoin (LTC) $ 87.23

WETH (WETH) $ 2,518.82

WhiteBIT Coin (WBT) $ 45.25

hedera-hashgraph

Hedera (HBAR) $ 0.153621

binance-bridged-usdt-bnb-smart-chain

Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00

Monero (XMR) $ 315.88

Ethena USDe (USDE) $ 1.00

coinbase-wrapped-btc

Coinbase Wrapped BTC (CBBTC) $ 108,314.02

Bitget Token (BGB) $ 4.40

Polkadot (DOT) $ 3.35

Uniswap (UNI) $ 7.34

Aave (AAVE) $ 272.84

Pepe (PEPE) $ 0.00001

Dai (DAI) $ 1.00

Pi Network (PI) $ 0.454179

ethena-staked-usde

Ethena Staked USDe (SUSDE) $ 1.18

OKB (OKB) $ 48.58

Bittensor (TAO) $ 320.66

Aptos (APT) $ 4.42

blackrock-usd-institutional-digital-liquidity-fund

BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00

NEAR Protocol (NEAR) $ 2.14

jito-staked-sol

Jito Staked SOL (JITOSOL) $ 178.76

internet-computer

Internet Computer (ICP) $ 4.76

crypto-com-chain

Cronos (CRO) $ 0.080959

Ethereum Classic (ETC) $ 16.32

Ondo (ONDO) $ 0.77845

sUSDS (SUSDS) $ 1.06

USD1 (USD1) $ 0.999987

Kaspa (KAS) $ 0.074642

Fasttoken (FTN) $ 4.44

Mantle (MNT) $ 0.561501

gatechain-token

Gate (GT) $ 15.30

Cosmos Hub (ATOM) $ 4.00

VeChain (VET) $ 0.020529

Artificial Superintelligence Alliance (FET) $ 0.655874

Official Trump (TRUMP) $ 8.54

lombard-staked-btc

Lombard Staked BTC (LBTC) $ 108,147.98

tokenize-xchange

Tokenize Xchange (TKX) $ 20.49

Render (RENDER) $ 3.15

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.181367

Sky (SKY) $ 0.076179

Arbitrum (ARB) $ 0.326339

Ethena (ENA) $ 0.253827

Quant (QNT) $ 107.29

Filecoin (FIL) $ 2.25

binance-peg-weth

Binance-Peg WETH (WETH) $ 2,517.40

jupiter-perpetuals-liquidity-provider-token

Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.45

Algorand (ALGO) $ 0.174084

first-digital-usd

First Digital USD (FDUSD) $ 0.998365

Bonk (BONK) $ 0.000019

Sei (SEI) $ 0.264115

Worldcoin (WLD) $ 0.865188

USDtb (USDTB) $ 0.999957

KuCoin (KCS) $ 11.03

binance-staked-sol

Binance Staked SOL (BNSOL) $ 156.16

USDT0 (USDT0) $ 1.00

jupiter-exchange-solana

Jupiter (JUP) $ 0.434326

NEXO (NEXO) $ 1.24

kelp-dao-restaked-eth

Kelp DAO Restaked ETH (RSETH) $ 2,639.73

rocket-pool-eth

Rocket Pool ETH (RETH) $ 2,867.72

Fartcoin (FARTCOIN) $ 1.18

Flare (FLR) $ 0.016624

SPX6900 (SPX) $ 1.23

polygon-bridged-usdt-polygon

Polygon Bridged USDT (Polygon) (USDT) $ 1.00

Celestia (TIA) $ 1.49

injective-protocol

Injective (INJ) $ 10.53

Pudgy Penguins (PENGU) $ 0.016295

XDC Network (XDC) $ 0.062633

virtual-protocol

Virtuals Protocol (VIRTUAL) $ 1.54

binance-bridged-usdc-bnb-smart-chain

Binance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999921

Sonic (S) $ 0.307544

Stacks (STX) $ 0.640711

mantle-staked-ether

Mantle Staked Ether (METH) $ 2,688.95

stakewise-v3-oseth

StakeWise Staked ETH (OSETH) $ 2,645.20

SyrupUSDC (SYRUPUSDC) $ 1.11

PAX Gold (PAXG) $ 3,344.82