$BTC Bitcoin Tokenomics and 15-Year Price History
Bitcoin operates on a decentralized network with a fixed supply of 21 million coins. Its tokenomics are driven by scarcity, mining rewards, and periodic halving events that reduce the rate of new BTC issuance. The network relies on miners to validate transactions and secure the blockchain, earning BTC as a reward.
Bitcoin Price History:
- 2009: First recorded trade valued BTC at $0.00099
- 2010: BTC traded at $0.05 in July, reaching $0.39 by November
- 2011: Major rally pushed BTC from $0.30 to $29.6
- 2013: BTC peaked at $1,156, marking a 5,575% growth
- 2014-2015: Bear market dropped BTC to $218 due to the Mt. Gox hack
- 2017: BTC surged to nearly $20,000
- 2018-2019: Correction brought BTC below $4,000 before recovering
- 2021: BTC hit an all-time high of $69,000
- 2022: Market downturn saw BTC drop below $16,000
- 2025: BTC reached over $110,000, marking significant recovery
Bitcoin's price history reflects its volatility, adoption trends, and macroeconomic influences. Its tokenomics ensure scarcity, making it a store of value and investment asset.