Today marks another Bitcoin Pizza Day — the day in 2010 when programmer Laszlo Hanyecz paid 10,000 $BTC for 2 pizzas, making the first purchase in history using cryptocurrency. At that time, the Bitcoin exchange rate was only $0.004. After 15 years, the value of the first digital coin reached a historical maximum above $111,860.@Cryptoland_8

According to CoinGecko, during this time, Bitcoin has increased by 2,764,100%. In 2013, it first surpassed the $100 mark, and by 2017, it grew to $2,109. The peak of the post-halving growth in 2021 reached $37,340, and in 2024, the flagship traded around the mark of $70,190. The current level is more than 15 times higher than the figures from 4 years ago and almost 12,500 times higher than in 2010.

#bitcoinpizzaday went from being a little-known event to a significant informational reason for the crypto community. Historically, this day has often coincided with price spikes, especially in post-halving periods. This was the case in 2017 and 2021, and the current growth is explained by institutional demand, the launch of Bitcoin ETFs last year, and an increase in interest from large investors.

Analysts note that in recent years, #PizzaDay has become not only a reason for nostalgia but also an indicator of market sentiment. The rise in quotes is often accompanied by a sharp increase in trading volume, an increase in wallet activity, and a surge in speculative demand. This is particularly noticeable in the years following halvings when the supply of Bitcoin decreases.

This year, the coincidence of #BitcoinPizza Day with new historical highs has amplified the wave of excitement. In a single day, Bitcoin surpassed the $110,000 mark, causing liquidations amounting to over $451 million. Experts predict that if the pace of institutional investments and sustained demand continue, the price of the first cryptocurrency may once again reach a historical maximum in the current cycle as early as today or tomorrow.$BNB


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