Bitcoin's Thanksgiving Price Journey From Humble Beginnings to Financial Phenomenon
In the early days of Bitcoin, Thanksgiving was just another day. Back in 2010, you could pick up a Bitcoin for a mere $0.28, a time when the concept of digital currency was more of a tech curiosity than a financial asset. By 2011, the price had jumped to $2.49, still very much in the realm of the experimental.
Fast forward to 2013, and Bitcoin had entered the public eye, hitting a significant milestone at $813. This was the year Bitcoin started to make waves, no longer just a niche interest.
Midway through its journey, in 2017, Bitcoin's price on Thanksgiving had soared to $8,771, amidst a crypto boom that saw everyone from tech enthusiasts to mainstream investors jumping into the market. This period was marked by ICOs and a speculative frenzy.
Here’s the full list of Bitcoin prices over the years on Thanksgiving Day, demonstrating it's growth.
| Year | Bitcoin Price (USD) |
|---|---|
| 2010 | $0.28 |
| 2011 | $2.49 |
| 2012 | $12.51 |
| 2013 | $813 |
| 2014 | $376 |
| 2015 | $328 |
| 2016 | $739 |
| 2017 | $8,771 |
| 2018 | $4,015 |
| 2019 | $7,150 |
| 2020 | $18,764 |
| 2021 | $58,927 |
| 2022 | $16,353 |
| 2023 | $37,035 |
| 2024 | $95,531 |
After years of volatility, ups, and downs, we arrive at this year, 2024. Bitcoin on Thanksgiving stands at an impressive $95,531, reflecting its journey from obscurity to a pivotal player in the global financial landscape. This price point not only shows Bitcoin's recovery but also its potential as an asset class that continues to captivate and confound investors worldwide.
From its humble beginnings to its current status as a financial phenomenon, the Thanksgiving price of Bitcoin tells a story of resilience, growth, and an ever-evolving market.