Its companion token, LUNA, which was meant to stabilize UST's price, fell from $80 to a few cents by May 12. On May 7, the price of the then-$18-billion algorithmic stablecoin terraUSD (UST), which is supposed to maintain a $1 peg, started to wobble and fell to 35 cents on May 9. The Terra network and its leader, Do Kwon, rose to the highest tier of the crypto world thanks to big-shot investors, only to fall apart within a few days in May 2022. there’s more supply), the price will drop since people aren’t willing to pay as much.īitcoin value: $35501.95 Bitcoin value 10 days later: $30425.86 View Event #209 on Chart When less people are looking to buy Bitcoin (i.e. there’s more demand), the price will rise since people are willing to pay more and conduct transactions for a higher price. When more people are looking to buy Bitcoin (i.e. For example, since Bitstamp has different exchanges going on than Coinbase Pro, each of these exchanges will show a different price for Bitcoin. That’s why you’ll see different “prices” on different exchanges. How does Bitcoin Price Change?īitcoin’s price refers to the last transaction conducted on a specific exchange. The highest price Bitcoin ever reached ( Bitcoin all-time high) until today was $67,567 on November 8th, 2021. This gave 1 Bitcoin the value of $0.0009. The first time Bitcoin actually gained value was on Octowhen Martti Malmi, a Finnish developer that helped Satoshi work on Bitcoin, sold 5050 Bitcoins for $5.02. When Bitcoin started out there wasn’t really a price for it since no one was willing to buy it. Click on a number and you will be transferred to the corresponding event.įrequently Asked Questions How Much was Bitcoin Worth When it Started in 2009?.The list of events is detailed below in this page.The numbers on the graph represent historical Bitcoin-related events.

Bitcoin price december 2017