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VISTORBELITUNG.COM,Tanjung Pandan, Bangka Belitung Islands – May 9, 2025 – In the now-legendary timeline of Bitcoin's price history, the moment it first reached parity with the U.S. dollar is a significant milestone, marking its transition from a niche digital experiment to an asset with tangible, albeit still nascent, value.
While Bitcoin was launched in January 2009, it initially possessed virtually no monetary worth, primarily existing within a small circle of cryptography enthusiasts. The earliest recorded transaction assigning a dollar value occurred in October 2009, when a Finnish software developer exchanged 5,050 BTC for $5.02 via PayPal, establishing a price of approximately $0.00099 per Bitcoin – less than a tenth of a cent.
It would take over a year for Bitcoin to reach the $1 milestone. According to historical data, Bitcoin first reached a value of USD $1.00 in February 2011. This marked a crucial turning point for the cryptocurrency, signifying its gradual ascent into a digital asset with measurable value beyond its initial experimental phase.
This breakthrough was followed by a period of significant volatility and growth. Just months later, in June 2011, Bitcoin briefly surged to around $30 on the Mt. Gox exchange, demonstrating its potential for rapid price appreciation, albeit followed by a sharp correction later that year.
The crossing of the $1 threshold in February 2011 was a pivotal moment, signaling the beginning of Bitcoin's journey into the broader financial consciousness and setting the stage for the dramatic price swings and widespread adoption that would follow in the years to come. It serves as a stark contrast to Bitcoin's current valuation in 2025, now trading at significantly higher levels and having reached peaks well above $100,000.