Here's How Much 1 BTC Sold for on This Date 15 Years Ago: Details

Fifteen years ago today, the cryptocurrency market was a different landscape. According to Bitcoin historian Pete Rizzo, on this date 15 years ago, you could buy 1 Bitcoin ($BTC) for just $0.50. This extremely low price of 50 cents contrasts sharply with Bitcoin's present worth, currently in six figures.

In January 2010, Bitcoin was still in its infancy, with little awareness and a low price. Launched a year earlier, in January 2009, by its pseudonymous creator(s) Satoshi Nakamoto, Bitcoin at the time was a niche innovation discussed exclusively among cryptography enthusiasts and a few early adopters.

The first known Bitcoin transaction occurred in May 2010, when programmer Laszlo Hanyecz famously paid 10,000 $BTC for two pizzas. Bitcoin, the world's largest cryptocurrency by market cap, has come a long way from its humble beginnings.

Fast forward to the present, and Bitcoin's worth has skyrocketed. From a price of $0.50 15 years back, Bitcoin has reached all-time highs, with prices reaching six figures. At the time of writing, $BTC was trading above $106,000.

Bitcoin hits new all-time; what indicators say

Bitcoin climbed to a fresh record in the early Monday session, reaching all-time highs of $109,358. Bitcoin had risen from lows of $99,416, posting a major green daily candlestick.

At the time of writing, $BTC was up 2.21% at $106,960, according to CoinMarketCap data.

On-chain analytics firm Glassnode indicated that as Bitcoin approached a new all-time high above $109,000, long-term holder NUPL has crossed the 0.75 threshold, associated with the euphoria/greed phase of the market cycle.

A recapture of the short-term holder's profitability momentum was observed, as expressed by $BTC's STH MVRV, currently at 1.16 — above the one-year trendline of 1.1. A notable uptick in Bitcoin's Futures Perpetual Funding Rate was also observed, reaching around 0.035%, the highest level since Dec. 5.