Bitcoin trading began in 2009 at a value close to zero, and the market did not see significant movement in its early days. The first real transaction was in 2010 when a pizza was purchased for 10,000 BTC. The price started to rise gradually and experienced sharp fluctuations in the following years, with price bubbles followed by significant crashes. For example, the price rose to nearly $30 in 2011 before dropping to about $5 by the end of the year. This was followed by another rise and fall in 2013.
Present:
The Bitcoin market today is witnessing significant maturity and expansion. The price of Bitcoin has surpassed new record levels, reaching an all-time high of around $109,000 in January 2025. Bitcoin has become a widely accepted investment asset, with more institutions and investment funds entering the market. The launch of Bitcoin exchange-traded funds in 2024 also contributed to increased demand.
Despite this, the Bitcoin market still features high volatility. The price is influenced by multiple factors such as market sentiment, regulatory news, technology adoption, and institutional investment flows. Currently, Bitcoin is trading around the $94,000 level (April 2025), and investors are still closely monitoring the market in anticipation of future price movements.