there’s more supply), the price will drop since people aren’t willing to pay as much.īitcoin value: $35501.95 Bitcoin value 10 days later: $30425.86 View Event #209 on Chart When less people are looking to buy Bitcoin (i.e. there’s more demand), the price will rise since people are willing to pay more and conduct transactions for a higher price. When more people are looking to buy Bitcoin (i.e. For example, since Bitstamp has different exchanges going on than Coinbase Pro, each of these exchanges will show a different price for Bitcoin. ![]() That’s why you’ll see different “prices” on different exchanges. How does Bitcoin Price Change?īitcoin’s price refers to the last transaction conducted on a specific exchange. The highest price Bitcoin ever reached ( Bitcoin all-time high) until today was $67,567 on November 8th, 2021. This gave 1 Bitcoin the value of $0.0009. The first time Bitcoin actually gained value was on Octowhen Martti Malmi, a Finnish developer that helped Satoshi work on Bitcoin, sold 5050 Bitcoins for $5.02. ![]() When Bitcoin started out there wasn’t really a price for it since no one was willing to buy it. Click on a number and you will be transferred to the corresponding event.įrequently Asked Questions How Much was Bitcoin Worth When it Started in 2009?. ![]()
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