Bitcoin is celebrating its 9th birthday – and its price has hit an all-time high, crossing $6,400 for the first time. What a b-day gift!
Was BTC launched 9 years ago?
Not quite. The launch of Bitcoin was in January 2009. But on October 31st 2008, Satoshi Nakamoto, the anonymous creator of the ‘Internet of Money,’ released the Bitcoin white paper.
The document, distributed in a closed subscriber group, envisioned that “a purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution”.
What happened to BTC price today?
The data by CoinDesk Bitcoin Price Index showed an average of $6,415.28 across global exchanges at roughly 14:00 UTC today.
All-time record detected!
What can we learn from it
⚙ BTC price is up more than 500% since the start of 2017, and the market is more bullish than ever.
⚙ Despite multiple setbacks across the globe, bitcoin brought a true revolution to the financial market – similar to the one the internet itself once brought.