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Bitcoin Celebrates 15 Years with Green BTC Price Twist

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Wed, 3/01/2024 - 8:06
Bitcoin Celebrates 15 Years with Green BTC Price Twist
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In a momentous celebration for the crypto community, Bitcoin, the pioneer of digital assets, marks its 15th birthday today with a surprising green twist on its price chart. The historic significance of Jan. 3 lies in the mining of Bitcoin's first block, known as the "genesis block," a milestone that reshaped the landscape of digital assets and financial markets.

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Fifteen years ago, Satoshi Nakamoto mined the inaugural block in the Bitcoin blockchain, earning a reward of 50 BTC. Embedded within that block was a message that resonates to this day: "Chancellor on brink of second bailout for banks."

Little did the world know that this event would lay the foundation for a cryptocurrency market now valued in the trillions, with Bitcoin alone commanding an impressive $888 billion.

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Bitcoin's 15 birthday lights up in green

As Bitcoin turns 15, the cryptocurrency is not only reminiscing about its journey but also making headlines with a notable 0.9% surge in its price since the start of the trading session.

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Source: TradingView

Currently trading at $45,340, a level unseen since April 2022, Bitcoin's festive green candles on the price chart signify an upward storm, in stark contrast to the downward trend of the past.

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The crypto market is buzzing with excitement as Bitcoin's dominance reaches heights not witnessed since April 2021, standing at an impressive 52.42%. Symbolically aligning with its 15th birthday, Bitcoin awaits a crucial decision on the spot Bitcoin ETF, set to be unveiled in a week.

The unexpected turn of events sees major hedge fund giants like BlackRock vying to launch their ETFs on the main cryptocurrency, a development few could have foreseen in the early days of 2009 or even 2022.

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