Bitcoin is a purely peer-to-peer version of digital cash, allowing online payments to be sent directly from one person to another without going through a financial institution.
The first 50 bitcoins are mined by Satoshi Nakamoto, the pseudonymous inventor of Bitcoin.
$100 Bitcoin Milestone
After nearly two years of inertia, bitcoin hits $100 for the first time on April Fools’ Day and then booms — doubling to more than $200 apiece in the span of a week.
$1,000 Bitcoin Milestone
Bitcoin soars past the $1,000 mark, near doubling in value in the span of a week. The frenzied buying appears to be propelled by Chinese investors, who, it’s assumed, want to move their money into untraceable accounts. Bitcoin peaks at $1,216.70 by the end of the month. The price won’t break $1,000 again for three years.
$10,000 Bitcoin Milestone
Bitcoin blasts past $10,000 mark. Hours later the price tops $11,000 and keeps powering higher. The meteoric rise gets a shrug from investors, and stays within range of its peak valuation past the Thanksgiving holiday weekend. The main price-drivers are new main-street investors.
$60,000 Bitcoin Milestone
Bitcoin powers through all the way to $64,863 like an unstoppable fullback. Later on going back down to $28,893 all within a span of 60 days. Unlike all the other milestones, this time DeFi is here and the digital era has arrived.