Bitcoin to Euro (BTC to EUR)

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Bitcoin was invented by Satoshi Nakamoto, who created it as a way to get around the traditional banking infrastructure after it had its financial collapse in 2009, and it was meant to be used as a medium for daily transactions. To this day, the identity of Satoshi Nakamoto is still unknown, even though the creator can easily prove their identity by using the private key that controls the account or moving even a part of the cache of Bitcoin.

A week after its first block was launched on January 3rd, 2009, the first test transaction took place. In 2011, coders and miners started to build other networks such as Litecoin and Ethereum and vegan improving the code behind the blockchain of Bitcoin. By doing this, they adapted it for different uses. The increase in the perceived value of Bitcoin came partly as a result of the wider base of applications that brought in more individuals.  

 Even though Bitcoin hasn’t become a mainstream currency yet, it has definitely begun to pick up steam. This cryptocurrency has taken the world and investors for quite a ride.

Bitcoin has one of the most volatile trading histories. Since it was first released, it has undergone several crashes and rallies.

The first BTC to EUR was calculated on November 20th, 2015, and it was 307.02. As you’re able to see above, the price of Bitcoin has always fluctuated since it was launched in January 2009. Its all-time high to date was on November 12th, 2021, when it was worth 56,278.52 EUR.