Bitcoin (BTC) has experienced significant price fluctuations since its inception in 2009. Here's an overview of its annual price changes:
2009-2010: Bitcoin was introduced in 2009 with a price close to zero. By October 2010, it reached $0.10, and by year's end, it was approximately $0.30.
2011: Bitcoin's price rose to about $29.60 in June but fell to around $5 by year-end.
2012: The price remained relatively stable, ending the year at approximately $13.
2013: Bitcoin experienced significant growth, reaching over $1,100 in December, but dropped to around $760 by year-end.
2014: The price declined throughout the year, ending at about $320.
2015: Bitcoin's price remained relatively stable, closing the year at approximately $430.
2016: The price began to rise again, ending the year at around $960.
2017: Bitcoin saw a substantial increase, reaching nearly $20,000 in December, but closed the year at approximately $13,800.
2018: The price declined significantly, ending the year at about $3,700.
2019: Bitcoin experienced a recovery, closing the year at around $7,200.
2020: The price increased dramatically, ending the year at approximately $29,000.
2021: Bitcoin reached an all-time high of over $68,000 in November but ended the year at around $47,000.
2022: The price declined, reaching roughly $16,500 by year-end.
2023: Bitcoin's price saw steady gains, peaking toward the end of the year.
2024: Bitcoin more than doubled in value, hitting $100,000, largely driven by the approval of exchange-traded funds (ETFs) tied to its spot price by U.S. regulators and optimism surrounding Donald Trump's return to the White House.
