Bitcoin Price History

Bitcoin, the first Cryptocurrency, has a remarkable history over the past 14 years. Although there have been many ups and downs but still 1 bitcoin is 1 bitcoin. In this post we will examine "How Bitcoin became So Big" (From $0.09 to $68,997 High). Every significant event that affected the history of the bitcoin price is described below. This information also helps you to understand previous levels and possible future potential. (Check Out - Bitcoin Price Prediction)

Aug
2008
(Price $0.00) Beginning of Bitcoin

Satoshi Nakamoto introduced the idea of bitcoin first time with a b-money creator "Wei Dai"

Jan
2009
(Price $0.00) First Block Launch

Nakamoto launch the first blockchain called genesis block and did the first transaction of 10 BTC.

Oct
2009
(Price $0.00) Bitcoin First Price in USD

5,050 Bitcoin was sold by developer "Sirius" for $5.02, making the initial USD price of Bitcoin $0.0009.

May
2010
(Price $0.00) Pizza Day

Laszlo Hanyecz accepts the offer of 2 Papa's Pizzas instead of 10000 Bitcoin. Yes, that man eats $600 Million worth of meals.

July
2010
(Price $0.08) Bitcoin Start Trading

BTC started trading at the estimated price of $0.08.

Aug
2010
(Price $0.08) Fraud Detected

Almost 184 million bitcoin were created but the blockchain detects the fraud and removes it quickly.

Dec
2010
(Price $0.50) Last Message

Satoshi posts his last message on the Bitcointalk.org

Feb
2011
(Price $1.00) One Dollar

First-time bitcoin hit $1.00.

June
2011
(Price $30.00) First Big Jump

Bitcoin jump $1 to $30 in 4 months more than 30x

Nov
2011
(Price $2.00) First Big Fall

After hitting a record high bitcoin fall more than 93% causing hacking incidents.

March
2012
(Price $4.92) Bitcoin Stolen

Linode (cloud computing and website hosting platform) was hacked and more than 43,000 BTC were stolen.

May
2012
(Price $5.11) Gain BTC Stolen

18,000 BTC stolen due to a security breach in Bitcoinica (Exchange).

Nov
2012
(Price $11.14) First Global Acceptance

BitPay accepts bitcoin for its services.

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Feb
2013
(Price $32.36) Breakout

At the End of the Feb 2013 bitcoin breaks its last-time high of 30 dollars.

March
2013
(Price $47.20) New High

Bitcoin network shook by blockchain fork but it was fixed immediately.

April
2013
(Price $104.70) First $100

In history, that was the first time when Bitcoin crosses the 100-dollar mark.

May
2013
(Price $112.71) Bitcoin Is "Rat Poison"

In an interview where Charlie Munger said that Bitcoin is Rat Poison and Warren Buffet was agree with his comment.

Oct
2013
(Price $132.82) First ATM

In Canada a first ATM opens which is capable of converting Canadian dollars to Bitcoin.

Nov
2013
(Price $1012.00) First $1000

Bitcoin hit its first 1000 dollar mark and China permits citizens that they can trade in Bitcoin.

Dec
2013
(Price $732.00) Big Fall

Dec was not good for Bitcoin In 18 days bitcoin falls $1150 to $380 (Almost 65%) but at the end of the month, it close near $730.

Jan
2014
(Price $809.67) Terrible Store of Value

Jamie Dimon (CEO of JP Morgan Chase) said that Bitcoin is a Terrible Store of Value and I'm not going to support it.

Feb
2014
(Price $550.21) Mt. Gox Exchange Collapses

The largest Bitcoin exchange called Mt. Gox collapses and lost half of a billion value causing the bitcoin prices to fall badly and touched the month low of $400

March
2014
(Price $448.85) US Accepted Crypto as a Property

March and April were not suitable for Bitcoin, USA accepts crypto as digital property, not a currency. And Bitcoin touches the lowest price mark of 363.12 dollars.

Oct
2014
(Price $371.39) Bill Stay Positive On Bitcoin

Bill Gates said that Bitcoin is much better than currency.

Jan
2015
(Price $182.07) Bitcoin Crash

Jan was not good for Bitcoin the price fell almost 50% from the high of $322 to the low of $166 mark.

Oct
2015
(Price $348.53) Microsoft Accepts Bitcoin

Microsoft announces that it will soon begin accepting Bitcoin.

Aug
2015
(Price $194.52) Sharp Fall

On 18 Aug 2015 bitcoin fell almost 25% in just one day.

2016
(Price $970.42) Decent Year

2016 was good for Bitcoin, the price jumped from $429 to the $970 mark (Almost 126% Up Move)

May
2017
(Price $2039.82) Bitcoin Cross $2000

First-time bitcoin crossed the 2000 dollar, it was tasked for more than 42 months to achieve a $1000 to $2000 price mark.

Sep
2017
(Price $4,334.18) Bitcoin Crash

Bitcoin hit an all-time high of $4900 and then suddenly fell almost 34% from the high.

Dec
2017
(Price $1388.32) First $10000

Dec is pretty good for bitcoin On 1 Dec Bitcoin's first-time touch the $10000 mark (close at $10880) then in the next 15 days touches all-time high of $19000 price.

2018
(Price $3124) Bad Time

I think 2018 was a black year for Bitcoin, the price fell from $19,800 (High) to $3124 (Low) almost 84% down.

Jan-Feb
2018
(Price $10,115) China Ban Crypto

China bans foreign cryptocurrency exchange platforms and Bitcoin hit the low of $6878 mark.

May
2018
(Price $9,752) Buffet Warned Again

The Biggest Investor of our century Warrant Buffett again warned people about Bitcoin and stick to his statement of "Bitcoin is Rat Poison".

Dec
2018
(Price $3,181) Fall Down

Bitcoin hit the $3181 lowest price mark of the year.

Oct
2019
(Price $7,438) Chine Take U-Turn

Chine take a U-turn on blockchain technology and said that crypto is the future.

March
2020
(Price $6,337) Covid-19

All the financial markets crashed and Bitcoin recorded the biggest fall of 40% in just one day.

Oct
2020
(Price $12,362) PayPal Support

PayPal launches crypto exchange services and accepts the crypto transaction.

Dec
2020
(Price $28,890) Breakout

First time Bitcoin breaks the $20K mark and sustains.

Jan
2021
(Price $43,431) First 40K

This is the first time when Bitcoin crossed the $40,000 price, also Elon Musk said that Tesla would soon begin accepting Bitcoin as payment.

Feb
2021
(Price $42,652) Tesla Buy BTC

Tesla reveals it has bought $1.5 billion of Bitcoin.

March
2021
(Price $57,800) $1 Trillion Market Cap

Bitcoin crossed the $1 Trillion market cap and was included in the list of the world's most valuable assets.

May
2021
(Price $49,450) Tesla Takes U-turn

Tesla changes its mind about accepting Bitcoin as payment.

Sep
2021
(Price $46,878) Legal Money

The first nation to accept bitcoin as legal money in El Salvador.

Nov
2021
(Price $57,041) BTC All-Time High

Bitcoin touched the all-time high of $69K

Dec
2021
(Price $46,195) BTC Enter In Bear Market

After making a record high BTC started falling.

Jan-July
2022
(Price Near $21,000) Fed Rate Hike & Fear of Recession

We are still in a bear market and BTC price was making a Side Ways momentum. Due to interest rate hikes and the fear of recession we don't know if the BTC sustains the $20k price level or not.

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