Bitcoin's Price Journey Since 2009
Bitcoin has demonstrated extraordinary volatility since its 2009 inception. From its first recorded price of $0 to its current valuation near **$99,762.63 (as of January 16, 2025)**, here's the definitive timeline of cryptocurrency's most iconic asset:
Key Milestones
- 2010: Breached $1 for the first time
- 2013: Surpassed $1,000 threshold
- 2017: Reached $20,000 (previous all-time high)
- 2021: Achieved current record at $64,873
- 2025: Currently trading at ~$99,762.63
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Year-by-Year Bitcoin Price Analysis
2009: The Genesis
- January 3: Bitcoin network launches with zero monetary value
2010: First Valuation
- February 6: Breaches $1.00
- July 17: Peaks at $0.08 (early trading)
2011: Early Volatility
- April 1: Sustains above $1
- June 9: First $10+ valuation
- November 28: Records $32 high
2012: Recovery Period
- April 11: Dips below $4
- August 15: Rebounds to $15
2013: Major Breakthroughs
- February 25: Crosses $100
- November 29: Historic $1,000 breakthrough
2014: Correction Phase
- January 10: $1,163 peak
- December 9: Stabilizes near $1,000
2015-2016: Accumulation
- 2015: Fluctuates between $220-$450
- 2016: December rally to $20,000
2017: Bull Run
- December 17: Reaches $20,000 (pre-2021 record)
2018-2019: Bear Market
- 2018: Loses 80% value ($4,000 bottom)
- 2019: Closes at $7,200
2020: Institutional Adoption
- March 12: "Black Thursday" crash to $5,000
- December 31: $28,000 year-end close
2021: All-Time High
- April 14: $64,873 record (current ATH)
- December 31: $47,000 year-end
2022-2025: Current Trends
- 2022: Closes at $16,500
- 2023: Regains $21,000
- 2025: Current ~$99,762 valuation
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Bitcoin Price FAQs
Q: What was Bitcoin's lowest recorded price?
A: Effectively $0 during early 2009 mining. The first traded price was $0.0008 in 2010.
Q: How often does Bitcoin halving affect prices?
A: Historically, bull markets begin 12-18 months after halving events (every 210,000 blocks).
Q: Why is Bitcoin so volatile?
A: Combination of limited liquidity, speculative trading, and evolving regulatory landscapes globally.
Q: What drives long-term Bitcoin value?
A: Scarcity (21 million cap), adoption rates, institutional investment, and technological utility.
Q: How does BTC compare to traditional assets?
A: Shows near-zero correlation with stocks/bonds, making it attractive for portfolio diversification.
Q: Where can I securely trade Bitcoin?
A: Reputable exchanges include 👉 OKX's regulated platform with advanced security features.