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On this day 15 years ago, 15 <a href="https://u.today/bitcoin-holder-sends-90-of-btc-stash-to-satoshi-nakamoto-in-shocking-error" rel="noopener noreferrer nofollow">BTC</a> were sold for just 1 cent, something that now seems almost unbelievable given Bitcoin's current value.
Bitcoin historian Pete Rizzo <a href="https://x.com/pete_rizzo_/status/1866794094728712373" rel="noopener noreferrer nofollow">shared</a> this fascinating tidbit of history as a fun fact on X, saying: "15 years ago today, you could buy 15 Bitcoin for 1 cent."
<blockquote class="twitter-tweet">
 FUN FACT: 15 years ago today, you could buy 15 <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a> for 1 cent ✨ <a href="https://t.co/S3mBjM1EQk" rel="noopener noreferrer nofollow">pic.twitter.com/S3mBjM1EQk</a>— The Bitcoin Historian (@pete_rizzo_) <a href="https://twitter.com/pete_rizzo_/status/1866794094728712373?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 11, 2024</a>
</blockquote>
In late 2009, Bitcoin was still in its infancy. Launched by the mysterious <a href="https://u.today/satoshi-nakamotos-bitcoin-statement-echoes-15-years-later-amid-market-sell-off" rel="noopener noreferrer nofollow">Satoshi Nakamoto</a> in January of that year, Bitcoin was a novel concept known only to a small number of enthusiasts and cryptographers. Bitcoin's price never reached $1 in 2009 or 2010. Its highest price in 2010 was $0.39.
In the early days of Bitcoin, there were no exchanges that resembled those available today. The BitcoinTalk forum went live in late 2009, and soon after, the notion of an exchange where users could buy and sell Bitcoin for fiat currency was introduced.
Fast forward 15 years, and Bitcoin has become a global financial asset, now with a market capitalization of $1.944 trillion. From a value of nearly $0.000066 per BTC in late 2009 to now trading at $98,201, Bitcoin has seen a meteoric rise.
<h2 id="bitcoin-price-action">Bitcoin price action</h2>
<a href="https://u.today/bitcoin-holder-sends-90-of-btc-stash-to-satoshi-nakamoto-in-shocking-error" rel="noopener noreferrer nofollow">Bitcoin (BTC)</a> held steady above $98,000 ahead of the release of U.S. inflation statistics later Wednesday.
The U.S. Bureau of Labor Statistics will issue the consumer price index (CPI) for November at 8:30 a.m. ET (1:30 p.m. UTC). Federal Reserve Chair Powell has stated that incoming economic data will substantially influence interest-rate decisions, which may have an impact on crypto markets in the new year. The prior month's data indicated that the Fed remained concerned about inflation.
According to the most recent Coin Shares report, digital asset investment products experienced the highest weekly inflows on record last week, totaling $3.85 billion.
Bitcoin saw inflows of $2.5 billion, Short Bitcoin saw tepid inflows of $6.2 million, Ethereum saw its largest weekly inflows on record of $1.2 billion and Solana saw outflows of $14 million. <a href="https://u.today/15-bitcoin-sold-for-1-cent-exactly-15-years-ago-details" rel="noopener noreferrer nofollow">Read original article on U.Today</a>

15 Bitcoin Sold for 1 Cent Exactly 15 Years Ago: Details

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