2009: At its launch by Satoshi Nakamoto, Bitcoin had almost no value and ended the year without any significant market value.
2010: Bitcoin started attracting early adopters, reaching around $0.30 by the end of the year, an increase of approximately 37,400%.
2011: It rose from $0.30 to $6.00 by year-end, marking a 1,900% increase.
2012: Bitcoin grew from $6.00 to $13.50 by year-end, about a 125% rise.
2013: Prices climbed from $13.50 to $800, peaking at $1,100 during the year, a 5,829% increase.
2014: It started at $800 but dropped to $300 due to market challenges, including the Mt. Gox hack, a 62.5% decline.
2015: Rebounded from $300 to $430 by year-end, increasing 43%.
2016: Rose from $430 to $960, marking a 123% gain.
2017: Saw a surge from $960 to about $14,000, a rise of 1,358%.
2018: Declined from $14,000 to $3,700 following a market correction, down 73.6%.
2019: Recovered from $3,700 to $7,200, increasing by about 94.6%.
2020: Jumped from $7,200 to $29,000, a 302.8% rise.
2021: Continued to rise from $29,000 to $47,000, about 62.1% growth.
2022: Dropped from $47,000 to $16,500, a decline of 64.9%.
2023: Rebounded from $16,500 to $29,000, a gain of about 75.8%.
2024: Started at $29,000 and reached $81,000 by November, an increase of around 179.3%. Many expect it to reach $100,000 by year-end due to growing adoption, market momentum, and potential broader acceptance as a global payment method.
Sources:
1. CoinMarketCap - Bitcoin Historical Prices
2. Investopedia - Bitcoin History
3. Blockchain.com - Historical Bitcoin Data
4. Yahoo Finance - Bitcoin Financial Data
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