$BTC Bitcoin's price is highly volatile and can change significantly within short periods. Since its launch in 2009, Bitcoin started with no real market value but gradually gained traction. It first reached $1 in 2011, and by 2017, it hit nearly $20,000 before sharply correcting. In 2021, Bitcoin reached an all-time high of around $69,000, driven by institutional interest and broader adoption. However, its price also saw deep declines, reflecting the speculative nature of the crypto market.

As of 2025, Bitcoin’s price continues to fluctuate based on several factors such as global economic trends, investor sentiment, regulation news, technological developments, and supply-demand dynamics. Market events, like halving (which reduces mining rewards), often impact price expectations. Because of its limited supply of 21 million coins and growing interest as a digital store of value, many investors view Bitcoin as a hedge against inflation and currency devaluation, further influencing its market price.