How Much is Bitcoin Worth Today?
bitcoin is currently worth $ as of the time you loaded this page.
how much was 1 bitcoin worth in 2009?
In the early days of bitcoin, there were no exchanges that resembled today’s offerings. but there was at least one exchange established in the first year since the inception of bitcoin.
Reading: Bitcoin price history 2010
The bitcointalk forum went online in late 2009 and soon a regular user proposed the idea of an exchange where people could buy and sell bitcoins for fiat currency. note this was when the block reward was 50 btc and there were very few people mining.
bitcointalk forum member newlibertystandard created a new liberty standard exchange, and another forum user sirius sent him 5050 btc in exchange for $5.02 via paypal. This puts the first recorded price at which bitcoin traded hands at $0.00099/btc.
how much was 1 bitcoin worth in 2010?
the price of bitcoin never exceeded the dollar in 2010! its highest price for the year was just $0.39!
2010 is the year in which the famous purchase of two dominoes pizzas for 10,000 btc takes place.
laszlo, a member of the bitcointalk forum, offered the following trade:
2010 also saw the opening of the infamous bitcoin exchange mt. gox in july
how much was 1 bitcoin worth in 2011?
Bitcoin’s adoption started to pick up steam in 2011. The Electronic Frontier Foundation (EFF) accepted Bitcoins as donations for a couple of months in 2011. Due to lack of legal precedent surrounding virtual currencies this arrangement was quickly rescinded, though this was later reversed in 2013 when the EFF began accepting Bitcoin again.
on february 9, 2011, btc reached a value of usd$1.00 for the first time. a few months later, in june, the price of a bitcoin reached $10, then $30 in mt. gox. this represented a 100x appreciation since the beginning of the year, when the price of bitcoin hovered around $0.30.
At the end of the year, bitcoin was trading below $5, but at least two major psychological barriers had been broken.
how much was 1 bitcoin worth in 2012?
Bitcoin had a relatively flat 2012, trading within a $0.50 range of $5.00 for the first half of the year.
then reached its yearly peak in late December, peaking at $13.45.
In November 2012, bitcoin halved for the first time. this reduced the block reward from 50 btc to 25 btc.
2012 also saw the creation of the influential bitcoin foundation by gavin andresen, jon matonis, patrick murck, charlie shrem, and peter vessenes. The foundation’s goal is to “accelerate the global growth of bitcoin through the standardization, protection, and promotion of the open source protocol.”
WordPress became the first major company to start accepting bitcoins as payment in 2012. The online content management system provider did this in response to PayPal’s censorship.
Although the wordpress movement was important to the cryptocurrency for four years, the company did not handle bitcoin transactions itself. rather, it used bitpay, which was founded in 2011 and by October 2012 had grown to process bitcoin payments for over 1,000 merchants.
how much was 1 bitcoin worth in 2013?
2013 saw the first major spike in the price of Bitcoin since 2011. From $13.00 at the beginning of the year, Bitcoin hit nearly $250 in April. It then cooled off for a while, before experiencing another rapid appreciation to over $1,100 in December of that year.
bitcoin easily broke above $100, although $1000 proved to be a stronger psychological resistance level. Despite reaching prices that early bitcoiners had only dreamed of, it took more than three years for the price to reach $1,000 again. the drawdown reached -85% at its lowest point and the price of bitcoin was relatively stable for years.
bitcoin’s record run propelled the cryptocurrency’s market capitalization past $1 billion for the first time. also drew a lot of attention. In February 2013, Coinbase reported selling over $1 million worth of Bitcoin at an average price of $22.
The world’s first bitcoin ATM was installed in Vancouver, allowing people to convert their cash into cryptocurrencies.
The internet’s first cryptocurrency also gained some notoriety after the People’s Bank of China banned Chinese financial institutions from transacting in Bitcoin. This occurred in December 2013 and led to the closure of BTC China, at the time the largest bitcoin exchanges in the world, and a sudden drop in price.
how much was 1 bitcoin worth in 2014?
2014 got off to a good start, but things quickly turned sour for Bitcoin.
Just a month after its closure, btc china reopened for trading and Chinese yuan deposits in January 2014.
However, in February mt. gox, which is still one of the largest and most important crypto exchanges, has suspended withdrawals. users had been reporting problems with withdrawals for months, but the exchange called it off once and for all and filed for bankruptcy. it also reported that it had lost 744,000 btc of user funds.
the price of bitcoin reacted by selling more than 55% from the beginning of February to April.
Despite the bear market, several large companies announced their support for bitcoin. overstock.com began accepting bitcoins for all purchases on its website, as did microsoft in the xbox and windows stores.
how much was 1 bitcoin worth in 2015?
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The price of Bitcoin in 2015 started off weakly, with a -50% selloff in the first two weeks of the year. This included a -24% drop in just one day on the 14th of January. This may have been inspired by the announcement from prominent European exchange Bitstamp that they had lost 19,000 BTC in a hack. Coinbase had better news, though, as the exchange raised $75 million in its Series C funding round.
however, $150 marked the local fund for the year. In fact, January 2015 was the last time you were able to buy 1 BTC for $150. bitcoin’s price topped $500 for the first time in more than a year later, in 2015.
In June, the new york state department of financial services began its investigation into bitcoin and cryptocurrencies. this research would eventually lead to the creation of the bitlicense.
In November, the Unicode Committee adopted bitcoin’s current currency symbol (₿), giving the internet’s first widespread native currency its own character.
how much was 1 bitcoin worth in 2016?
2016 saw the Bitcoin network’s hash rate top 1 exahash/second. The hash rate reflects the amount of computing power committed to Bitcoin and is an important measure of the strength of the network.
the price of bitcoin continued its slow but steady appreciation throughout the year. After peaking at $750 in June, bitcoin pulled back before closing the year just shy of the all-important $1,000 mark.
how much was 1 bitcoin worth in 2017?
2017 is a year that lives in crypto history. As you can see in the chart above, the year saw a steady appreciation in the price of Bitcoin followed by a huge blow-off top to nearly $20,000.
This 1,300% rise in price wasn’t the biggest annual growth (that headline belongs to 2013 with its 6,600% gains), but it was the first time that bitcoin had truly broken into the public mainstream.
a $19,000 bitcoin is impossible to ignore.
bitcoin once again broke the $1,000 resistance on January 1st for the first time in three years, and after March 28th it never revisited that level.
The massive price appreciation over the course of 2017 was due in part to strong retail interest in the cryptocurrency. Trading volume on BitO, Mexico’s leading exchange, grew 1,500% in the six months ending March 2017. Poloniex saw a 600% growth in the number of active traders on its platform for the full year.
Despite the huge increase in price and the subsequent attention paid to bitcoin, 2017 was not without its challenges for the cryptocurrency. this was the year of one of the most controversial and debated events in bitcoin history: the bitcoin cash hard fork.
While many were concerned about the effects of this hard fork on bitcoin, with the benefit of four years of hindsight, it’s safe to say that bitcoin cash lost the war it started. today, its market capitalization is less than 1% of that of bitcoin.
on december 11th, bitcoin futures trading opened on the chicago board of options exchange, the largest in the us. uu. bitcoin options exchange was up 12% that day, though its stellar run came to an end just five days later. the $19,000 maximum would not be broken for nearly three more years.
how much was 1 bitcoin worth in 2018?
2018 was a tough year for many in Bitcoin, both seasoned investors and those new to the space who had been attracted by the hype of 2017.
Bitcoin’s 2018 YoY (YoY) return was a painful -73%.
Google, Twitter, and Facebook banned bitcoin and cryptocurrency ads from their platforms, with the latter stating that they were “frequently associated with deceptive or misleading promotional practices.”
bitcoin closed 2018 at $3,693, more than $10,000 less than the previous year.
The good news for investors (although they don’t know it yet) is that the bitcoin bear market bottomed out on December 15, when the price hit $3,122.
how much was 1 bitcoin worth in 2019?
2019 was a rollercoaster ride for Bitcoin hodlers. Starting the year under $4,000, the price of Bitcoin rose nearly $10,000 to hit $13,880 by the middle of the year.
However, these gains did not prove to be sustainable. bitcoin bled over the next six months, despite a handful of pumps, ending the year around $7,160.
Still, the bounce from $3,500 to $13,500 showed that bitcoin was not dead, despite naysayers from the 2018 bear market.
2019 set the stage for what would turn out to be one of the most extreme years in bitcoin history: 2020.
how much was 1 bitcoin worth in 2020?
Bitcoin rose strongly from $7,000 at the beginning of the year to more than $10,000 in mid-February.
$10,000 proved to be a critical level for bitcoin throughout the year, though it would take until October for the price to break above $10,000 once and for all.
first came the shock of the march. Triggered by the covid-19 pandemic, a global liquidity event, and exchange settlement engines running amok, bitcoin was down nearly 40% on March 12. it hit a low of $3,850 before doubling in price over the next six weeks.
bitcoin then went into a months-long accumulation pattern, before cashing in over $10,000 at the end of July. it peaked at over $12,000 before dipping back below $10,000 in early September.
however, this turned out to be the final fake. From September to the end of the year, the bitcoin price rose 185% to close at just under $29,000. this was more than $10,000 above the previous all-time high set in 2017.
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From the agonizing crash of the march to the parabolic move towards the end of the year, 2020 was a year of extreme ups and downs for bitcoin.
this was driven in part by institutional investment. microstrategy’s purchase of over $1 billion worth of bitcoins at an average price of $15,964 over the course of 2020 made headlines. So did Massachusetts Mutual Life Insurance, spending more than $100 million on bitcoin. this was a watershed moment for cryptocurrency as insurance companies are known to be conservative in their investments.
2020 showed that bitcoin can rebound strongly from major world events. in fact, it may even be stronger as a result. many investors look to bitcoin as a secure store of value in the face of unprecedented money printing in many countries.
While it’s impossible to predict the future, one thing is for sure: 2021 is shaping up to be just as important a year in bitcoin’s history.
how much is bitcoin worth in gold
you can check the price of bitcoin in gold, by clicking here.
frequently asked questions
how much did bitcoin cost when it first came out?
Bitcoin was priceless when it first came out.
bitcoin was very different from the icos we know today.
bitcoin was just a passion project created by satoshi nakamoto and his online cypherpunk friends.
Back then, everyone acquired bitcoins by mining them on their personal computer and trading them with each other just to see if they could.
It really wasn’t until laszlo hanyecz made the first bitcoin-for-real-goods trade (two papa john’s pizzas for 10,000 bitcoins) that bitcoin was actually priced.
what was the price of bitcoin 10 years ago?
bitcoin hit $1 for the first time on february 9, 2011. that day, forum posts began to surface suggesting that bitcoiners around the world should host “parity parties” (i.e., a party to celebrate bitcoin’s parity with the US dollar).
what was the lowest price of bitcoin?
Technically, the lowest bitcoin price was $0.00. that’s because for many years, bitcoins were worthless.
Bitcoin’s lowest price after its all-time high in 2017 was around $3,350.
how much is a bitcoin share
We don’t really call anything in bitcoin “sharing”. this is a term we generally use for shares issued on a stock exchange. bitcoin doesn’t really work that way. all there is is the price of bitcoin.
Currently, the price of a bitcoin (or a “bitcoin share”, if you wish) is displayed at the top of this page and is updated periodically.
what is bitcoin’s current all-time high?
the all-time high bitcoin price will depend on the exchange you reference.
bitfinex is the largest bitcoin exchange, so its all-time high of $68,958.00 per bitcoin is the most referenced all-time high.
why did bitcoin break its all-time high on Feb 23, 2017?
Prior to February 23, 2017, bitcoin had experienced 2 years of downward price action followed by approximately 2 years of upward movement. once it got close to its previous high, it broke out and continued to rise throughout 2017.
why did bitcoin break its all-time high on 5th november 2013?
This was a wave fueled by hype and greed. People had heard of bitcoin throughout 2013, but never acted. in his second run, many people finally took the plunge and began to take an interest.
why did bitcoin break its all time high on february 20, 2013?
many believe that the cyprus financial crisis helped create a new demand for bitcoins.
when will bitcoin reach a new all-time high again?
no one knows for sure! One trend to note is that bitcoin’s supply halving has often preceded its historical runs. the next halving is in the first half of 2020, probably in April or May.
will bitcoin hit a new high again?
again, no one knows for sure!
the price of bitcoin has always moved in cycles. it is difficult to say if that trend will continue or if the cycles will be different from previous years.
bitcoin, the highest market capitalization of all time
Based on coin market capitalization, the all-time highest bitcoin market capitalization was $1.15 trillion ($1,146,313,771,235) US dollars on March 13, 2021.
bitcoin always high in inr
all-time high rupees for bitcoin is ₹4,482,975, set on 13 Mar 2021.
bitcoin all-time high in cad
Canadian dollar all-time high for bitcoin was CAD77,589 on March 13, 2021.
bitcoin all-time high in gbp
British pound sterling all-time high was £45,077 on March 13, 2021.
bitcoin historical maximum in euros
the historical maximum in euros pound sterling was 52,241 euros on March 13, 2021.
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