Bitcoin, the world's first and most well-known cryptocurrency, has seen significant fluctuations in value since its creation in 2009. Here is a brief history of how the value of Bitcoin has changed over time:
2009-2010: Bitcoin was first created in 2009 by an anonymous individual or group using the pseudonym Satoshi Nakamoto. At the time, it had no value on any exchanges.
2010: The first Bitcoin transaction took place, in which 10,000 BTC were exchanged for two pizzas. The first known value of Bitcoin was established when a user on a Bitcoin forum offered to sell 10,000 BTC for $50.
2011-2012: Bitcoin began to gain popularity, and its value rose from a few cents to over $30 in 2011. However, the value dropped to around $2 in 2012 due to concerns about security and regulation.