When did Bitcoin reach $25?

In July 2010, bitcoin began trading at US$0.0008 , climbing to US$0.08 by month’s end. The cryptocurrency then performed relatively flatly, slowly rising into the US$10 range until it spiked to US$250 in April 2013. Bitcoin price chart in US dollars, 2011 to 2022.

It would take more than a year for the first economic transaction to take place, when a Florida man negotiated to have two Papa John’s pizzas, valued at $25, delivered for 10,000 BTC on May 22, 2010 .

Therefore, when Bitcoin was first launched in January 2009, no units had been mined yet. Its available supply was at its maximum (21 million units ) and would not begin to gain a higher value until it gained more traction and use.9 Tem 2020