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When did Bitcoin start?

Apr 23, 2024 am 10:12 AM
Bitcoin cryptocurrency digital currency

On November 1, 2008, Bitcoin was first launched, launched by the anonymous entity Satoshi Nakamoto. As the first decentralized digital currency, Bitcoin set off a revolution in the financial and technological fields after its birth.

When did Bitcoin start?

Bitcoin was first introduced to the public on November 1, 2008. This was proposed in a white paper published by an individual or group under the pseudonym Satoshi Nakamoto.

Early Development of Bitcoin

  • January 3, 2009: Satoshi Nakamoto mined Bitcoin The first block on the network is the "genesis block".
  • 2010: The price of Bitcoin reaches the $1 mark for the first time.
  • 2011: Bitcoin experiences its first major price swing, peaking above $30.

The Rise of Bitcoin

  • 2013: The price of Bitcoin surges above $1,000, triggering widespread interest and investment.
  • 2017: Bitcoin’s price reaches an all-time high of nearly $20,000, becoming a high-profile asset.

The Current State of Bitcoin

Today, Bitcoin remains the world’s best-known cryptocurrency, with a market capitalization of over $1 trillion. While price volatility remains a characteristic of Bitcoin, it has become a recognized asset in finance and technology.

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