Bitcoin rate for all time
Since the founding of the cryptocurrency, the Bitcoin rate has always ranged from $0.0008 to $3242 per 1 BTC. All fluctuations for the period from 2009 to 2022 are described in detail in the article. During this time, there were both falls and growth of this market-leading cryptocurrency. Now it is recognized as official and has a high level of capitalization.
At the end of 2022, Bitcoin's capitalization is almost a trillion dollars. And the total capitalization of all cryptocurrencies has already exceeded $2 trillion. There are already more than 15,000 cryptocurrencies. The most famous, popular and reliable of them are offered for purchase and accepted for sale in the Matbea cryptocurrency exchanger.
Today you can buy Bitcoin there for 50,761 USD. Sell – for 48,321 USD. Matbea always keeps the course up to date. Compared to the recent historical maximum of almost 70 thousand dollars, today's price tag can be called low.
The Bitcoin exchange rate is very volatile - that is, it is subject to rapid and large changes. Probably, the recent collapse was facilitated by the refusal to support Bitcoin, announced by the head of the SEC (Securities and Exchange Commission), as well as the onset of a new strain of the Omicron virus throughout the world. If Bitcoin recovers from these events, then it is likely that its position will soon recover.
Purchasing Bitcoin on Matbea requires quick registration, identity verification and topping up your account balance with rubles, dollars or euros.
Those who believe that the Bitcoin rate will continue the already interrupted fall can sell their coins on Matbea, earning rubles, dollars or euros for them. It is possible to receive fiat funds using a VISA or Mastercard.
If the user has any questions, the team has prepared detailed video instructions.
Bitcoin rate in 2009
The first cryptocurrency in human history appeared on January 9, 2009.
Its creator is considered to be a certain Satoshi Nakamoto. True, the true identity of the creator (or creators) is unknown, and his pseudonym is translated from Japanese as “a clear thinker within the system.” If we talk about the exchange rate, then the starting point can be considered 1 dollar for 1309.3 bitcoins . This rate was set by New Liberty Standard on October 5, 2009.
At that time, mining costs could not be recouped from the sale of “coins,” and the popularity and attention to the new currency was in its infancy.
Bitcoin rate in 2010
Despite the small exchange rate, just a year after the creation of Bitcoin, the first Dwdollar exchange appeared, on which it was possible to purchase and sell BTC. There is, in particular, one funny story associated with this exchange. One of the users sold 10,000 bitcoins on it, received about $25 for them and ordered pizza with them. Now he could receive over 60 million dollars.
At that time, one bitcoin cost approximately $0.008; by mid-2010, the rate had increased almost 10 times: 1 BTC = $0.08
By the end of the year, Bitcoin rose in price even more and was trading at 50 cents per coin.
A Brief History of Bitcoin
Bitcoin rate in 2008
The exchange rate at the time of Bitcoin’s appearance has not yet been determined.
August 18. The domain name bitcoin.org was registered on October 31. The white paper “Bitcoin P2P e-cash paper” was published on November 9. The project is registered on SourceForge.net
Bitcoin rate in 2009
January 3. Bitcoin “genesis block” was mined, 50 BTC was generated on January 9th. The first version of Bitcoin v0.1 was published on January 12. The first transaction in the Bitcoin network (block 170) on October 5. The New Liberty Standard exchange published the first BTC to USD exchange rate. For $1 they gave 1,309.03 Bitcoin
December 16. The second version of Bitcoin v0.2 has been released
Bitcoin rate in 2010
February 6. The Bitcoin Market, the first cryptocurrency exchange, opened on May 22. The famous pizza purchase. Pizza was purchased for 10,000 BTC (at that time $25) on July 11th. Bitcoin v0.3 released on July 12th. In five days, the cryptocurrency rate increased 10 times: from $0.008/BTC to $0.08/BTC on July 17. Another exchange was founded - MtGox on October 7. The cryptocurrency rate slowly began to rise from $0.06 per BTC on November 6. The capitalization of the cryptocurrency reached $1,000,000. The rate on the MtGox exchange reached $0.5/BTC
Bitcoin rate in 2011
February 9th. Bitcoin has become equal in value to the dollar. On the MtGox exchange on this day they bought 1 coin for 1 US dollar on June 2. The Bitcoin exchange rate to the dollar increased 10 times and reached $10 per coin on June 8. A new peak rate of 31.91 USD per 1 bitcoin on June 12. Various drops in the exchange rate to $10 USA. June 19. Hack MtGox. Cryptocurrency rate drops from $17.5 per coin to 1 cent
Bitcoin rate in 2012
There have been no significant changes in the value of the currency
25-th of August. The maximum price approached $15 on November 28. The reward was reduced by 2 times at block 210000. Instead of 50 BTC, they began to award 25 BTC
Bitcoin rate in 2013
28th of February. After 601 days, the situation began to change and the Bitcoin rate made a leap beyond the $31.91 on April 1. The Bitcoin rate on exchanges reached $100 . Coincidence? November. Cryptocurrency swing. In the middle of the month, 1000 dollars were given for 1 coin . At the same time, one of the universities in Cyprus began accepting tuition payments in cryptocurrency
Bitcoin rate in 2014
12th of February. Cryptocurrency collapse by 30% to $600 due to problems with transactions on exchanges
Bitcoin rate in 2015
March, 3rd. Bitcoin price was $281 US
Bitcoin rate in 2016
January. The departure of one of the main developers of Bitcoin Core, Mike Hern, caused the collapse of the currency rate to $374
Bitcoin rate in 2022
12 June. The rate was $3,000 per coin on September 1st. Bitcoin crossed the $5,000 on November 29th. The psychological mark of $10,000 on December 6. Bitcoin overtook the ruble in capitalization and took sixth position in the world. The exchange rate was $12,000 on December 7. Bitcoin traded on the market at $15,393 on December 17th. The coin price reaches 20 thousand dollars
Bitcoin rate in 2011
In a sense, a historic year for the first cryptocurrency.
In February 1 BTC = 1 $.
In April, Forbes releases a large article about Bitcoin, which fuels interest in the cryptocurrency. As a result, by May they give $9 for 1 bitcoin, and by June $29.5. However, this was followed by a collapse in the exchange rate to $2 per “coin.” Moreover, this behavior of the volute was accompanied by a wave of hacking and hacker attacks with the theft of bitcoins. Throughout 2012, there were no significant changes in the exchange rate, but physical bitcoins appeared - special brass coins, and the Bitcoin Central bank was created, which influenced the growth of the popularity of BTC.
Record rise followed by fall
Bitcoin, the world's main cryptocurrency, set a new world record value, exceeding its own rate of December 2022. The new height was reached on December 1, 2022 at approximately 14.00 Moscow time.
At this time, according to the profile portal CoinDesk, the cost of one bitcoin was about $19.906 thousand (RUB 1.513 million at the Central Bank exchange rate as of December 1, 2022). For comparison, in December 2022, which marked the peak of the first wave of popularity of cryptocurrencies and mining, Bitcoin was slightly cheaper - it was able to reach $19,892 thousand (RUB 1,512 million).
Immediately after fixing a new record, the Bitcoin rate, like three years ago, fell sharply. At the time of publication of the material, the cryptocurrency was valued at $18.448 (RUB 1.402 million) with a capitalization of $342.1 billion and a daily trading volume of $35.84 billion.
Bitcoin sets records every three years. Next one in 2023?
Bitcoin has existed since 2008, and it was created by an unknown person hiding under the pseudonym Satoshi Nakamoto . Bitcoin itself is a decentralized cryptocurrency based on blockchain technology. Interest in this system was minimal until January 2022 - from 2008 until this period, its rate did not exceed $1000 (76 thousand rubles). Throughout 2022, Bitcoin steadily grew in price, simultaneously attracting the attention of miners and exacerbating the rise in prices for video cards used for its mining.
Bitcoin rate in 2013
The beginning of a significant increase in the Bitcoin price. In February, quotes rose again to $30 , and in March to $75 . By April 10, one bitcoin was trading at $266 per “coin,” but literally a week later the rate collapsed again. In October, due to the arrest of the Silk Road site, the rate dropped to $100 per BTC.
However, already in November the rate is rising again. In the middle of the month up to $500 , then by the end of the month up to $1200 . In December, the rate drops again, first to $1000 , then immediately doubles. This is associated with the decision of the Chinese Central Bank not to work with Bitcoin. Note that despite such statements, 4 and 5 transactions with the first cryptocurrency take place on the territory of this particular country.
Market recovery and new highs
In 2022, in addition to the recovery of Bitcoin quotes from $3.5 thousand to $7 thousand and a peak of $14 thousand, several events occurred due to which the industry made a leap in development. The US-China trade war and the Federal Reserve's rate cut have helped digital money strengthen its position. For the first time, investors and analysts began to seriously compare them to defensive assets, including gold.
In the summer of 2022, Bitcoin’s growth accelerated amid Facebook’s announcement of the launch of its own cryptocurrency, Libra. But this initiative was immediately opposed by financial regulators around the world, so the company had to reconsider its plans and switch to a model with the issuance of stablecoins tied to the exchange rate of national currencies. The release should take place in January 2022.
At the beginning of 2022, Bitcoin again began to demonstrate the properties of a defensive asset. It strengthened amid the risks of the coronavirus pandemic, the US-China trade war and the US armed conflict with Iran. On February 13, the value of the cryptocurrency reached a local peak of $10.5 thousand, but then began to fall sharply against the backdrop of a general decline in financial markets.
On March 12-13, the cryptocurrency experienced one of the largest collapses in its entire history - its price dropped by more than 50%, from $7.9 thousand to $3.8 thousand. But quotes began to quickly recover and returned to the level of $10 thousand already May 7. After this, the cryptocurrency traded in the range of $10-12.5 thousand, and the final stage of active growth began in the fall. Over the past three months, Bitcoin has risen in price by almost 130% and updated its all-time high at $23.8 thousand.
Bitcoin rate in 2022
A sharp increase in the popularity of Bitcoin and, accordingly, the rate. Beginning of the year - $1000 . By the summer, 1 BTC = $3000 , September – $5000 .
On December 11, Bitcoin rises from $5,700 to $19,000 in a few hours. Less than a week later, on December 16, it exceeds $20,000 .
Experts explained this jump for several reasons:
- Japan has recognized Bitcoin as a means of payment;
- ICO activation;
- China resumes withdrawal of BTC from cryptocurrency exchanges;
- Many people are starting to invest in Bitcoin;
- The difficulty of mining increases, and accordingly, the cost of mining new coins increases;
- The US allows trading in BTC futures.
Bitcoin rate in 2022
Bitcoin is falling again. This is attributed by some to the next hard fork, and by others to the statements of one of the creators of the first cryptocurrency that it is an unreliable asset and with the Minister of Finance of Japan, who supported this opinion. One way or another, the Bitcoin rate at the beginning of January is $14,000 , mid-January is $10,000 . By February, the rate drops to $6,700, then fluctuates throughout the year, but does not rise above $10,000 .
By September 3, the rate increases to $7,300 , but over the next week it drops to $6,235 .
The main reasons for the rise in Bitcoin prices in 2022
In the context of the pandemic, the US authorities allocated $3 trillion for measures to support the economy; in early December, the Ministry of Finance proposed to allocate another $916 billion to stimulate the economy. Additional emission of the US dollar, coupled with near-zero Fed rates, led to the fact that traditional financial instruments began to generate very low income, and investors began to look for new ways to preserve assets.
Market participants began to oppose Bitcoin to the US dollar, since it has a deflationary structure, and its number of coins is mathematically limited to 21 million. At the same time, the issue of American currency can occur on an unlimited scale, which leads to its depreciation.
In 2022, investment by institutional players in cryptocurrency has become a trend. It all started with MicroStrategy. In August, September and December, she invested $475 million in reserve assets into the first cryptocurrency (now their price has exceeded $923 million). In December, it announced plans to raise another $400 million for the same purposes.
Investments in the first cryptocurrency were also reported by Square, the company of Twitter creator Jack Dorsey, the American insurance company MassMutual with an investment fund of over $235 million, and Ruffer Investment Company, which in November became the owner of bitcoins worth over $740 million.
On December 3, it became known that S&P Dow Jones Indices, which is behind the leading US stock indices - S&P 500 and Dow Jones, will present an index for cryptocurrencies in 2022. The product is being developed in collaboration with New York-based firm Lukka.
The company said the reason for launching an index for cryptocurrencies was the growing interest in them from investors. Peter Roffman, global head of innovation and strategy at S&P Dow Jones Indices, noted that the index will simplify the process of working with digital assets and protect investors from speculative risks inherent in the market.
S&P Dow Jones is not the first company to launch an index on cryptocurrencies. In 2022, the world’s second largest stock exchange, Nasdaq, introduced a similar product. It added an index based on 100 crypto assets called CIX100.
The Chicago Board Options Exchange (Cboe) also announced the launch of a cryptocurrency index in 2022. The tool will show digital asset price dynamics and historical data. Another Chicago-based exchange, CME, announced the addition of Ethereum futures starting February 8, 2022.
