đ Flashback on the evolution of Bitcoin ( $BTC )đ
2009 : đ„ Bitcoin is created by Satoshi Nakamoto with the goal of revolutionizing the monetary system. The first Bitcoin transaction took place with no real market value.
2010 : đ A landmark event: the first real transaction with Bitcoin, where 10,000 BTC were exchanged for two pizzas, now worth over a billion dollars.
2013 : đ Bitcoin reaches $1,200 for the first time, attracting the attention of serious early investors, before experiencing a notable drop.
2017 : đ„ Bitcoin surpasses $20,000 before dropping to $3,000 the following year, marking a characteristic volatility of cryptocurrency.
2020 : đ° The year Bitcoin reaches new heights, hitting $20,000 in December, supported by the growing adoption by institutional investors.
2021 : đŻ Bitcoin shatters all records by reaching $69,000 before dropping back to lower levels, but still high compared to previous years.
2023-2025 : đĄ Massive adoption by companies and institutional investors, Bitcoin surpasses $100,000. Today, it trades around $105,520 with renewed global interest in cryptocurrencies and blockchain.
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đź What has propelled Bitcoin?
Limited supply of 21 million BTC: This creates a push of scarcity that supports the value of Bitcoin over time.
Halving: Halving of rewards for miners every 4 years, which decreases the supply of new BTC, often causing price increases.
Institutional adoption: Companies like Tesla, MicroStrategy, and investment funds adopting Bitcoin as a store of value.
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⥠The future of Bitcoin
The future of Bitcoin remains promising, but challenges such as regulation and competition with other cryptos (Ethereum, Solana) could affect its price and adoption.