look news india
bitcoin, investment, money: After the victory of Donald Trump in the US Presidential elections, there is a tremendous rise in the price of Bitcoin. Actually, Trump is considered a supporter of Bitcoin. After this, after Trump’s victory, there has been a huge rise in all cryptocurrencies.
Today we are telling how the price of Bitcoin has reached its historical high in 14 years. If you had invested only Rs 46 in the year 2010, today you would have become the owner of property worth more than Rs 84 lakh.
Bitcoin’s journey to $1,00,000
2009–2015: Bitcoin was introduced in 2009 with no initial monetary value. The price crossed $0.10 for the first time in October 2010. June 2011: Bitcoin reaches a high of $29.60. Year 2013: By November the price increased to $ 1,000.
2016–2020: 2017: Bitcoin crossed $2,000 in May and reached $19,188 by December. Year 2020: Bitcoin rose from $7,161 to close at $28,993, an increase of 416% for the year.
Year 2024: March 2024: Bitcoin crosses $70,000 after Bitcoin spot ETF receives SEC approval. After Trump’s re-election in November 2024, Bitcoin reached $80,000 and soon rose above $91,000. December 5, 2024: Bitcoin crosses record $100,000 on Trump’s promise to establish a “strategic bitcoin reserve” and crypto-friendly regulation.
Today you can get Rs 5 by investing Rs 5. How did he become the owner of more than Rs 84 lakh?
Let us tell you that in the year 2010, the price of one bitcoin was 0.10 dollars. In the year 2010, the price of 1 dollar was about 46 rupees. In this way the price of 0.10 dollars in Indian rupees became 4.6 rupees.
Today the price of 1 dollar has reached Rs 84.60. At the same time, the price of 1 bitcoin has crossed $1,00,000. If we consider the price of Bitcoin as 1 lakh dollars, then today its price has become Rs 84,73,750. That means you have become the owner of more than Rs 84 lakh.