Bitcoin sold for 1 cent 15 years ago, now valued at $98,201 per BTC

From Investing.com

December 11, 2024 12:30 PM:

15 years ago, 15 BTC were sold for just 1 cent, showcasing Bitcoin’s incredible growth since then. In 2009, Bitcoin was a new concept with a highest price of $0.39. Now, Bitcoin’s market cap is $1.944 trillion, with a current value of $98,201 per BTC.

Bitcoin is holding steady above $98,000 ahead of the release of U.S. inflation data. Federal Reserve Chair Powell has emphasized the importance of economic data on interest-rate decisions. Last week, digital asset investment products saw record inflows of $3.85 billion, with Bitcoin leading at $2.5 billion.

In the latest Coin Shares report, Bitcoin had inflows of $2.5 billion, while Short Bitcoin saw $6.2 million. Ethereum had record inflows of $1.2 billion, with Ripple experiencing outflows of $14 million. The data indicates a strong interest in digital assets among investors.

Read more at Investing.com: 15 Bitcoin Sold for 1 Cent Exactly 15 Years Ago: Details By U.Today