
Bitcoin up 25,535% Since 2016 BTC Pizza Day: Details
Bitcoin Pizza Day: A Remarkable Journey of Growth and Resilience
Bitcoin Pizza Day, celebrated every May 22, commemorates the first real-world Bitcoin transaction in 2010, when programmer Laszlo Hanyecz famously spent 10,000 BTC (today worth roughly $1.1 billion) on two pizzas. It has been 15 years since this historic event, and the numbers remain astounding.
In a recent tweet, CoinGecko, a leading crypto ranking platform, highlighted the remarkable growth of Bitcoin's price since May 22, 2016. The platform shared a graphic comparing BTC prices each year, showcasing the cryptocurrency's remarkable journey.
- In 2016, Bitcoin traded at $439.
- In 2017, the Bitcoin price had surpassed $2,000, trading at $2,109 on May 22.
- Bitcoin was worth $8,355 on the same date in 2018 but only $7,958 in 2019.
- Bitcoin traded at $9,060 on May 22, 2020, and $37,340 in 2021.
- In 2022, the Bitcoin price fell to $29,492, and on May 22, 2023, it reached $26,774.
- Bitcoin's price in 2024 was $70,190, and on May 22, 2025, it hit $111,456.
At press time, BTC was up 4.1% in the last 24 hours, after reaching all-time highs of $111,903 in the early Thursday trading session. This remarkable growth has been accompanied by significant milestones, with Bitcoin's Realized Cap approaching $1 trillion in its next major milestone.
As BTC matures, its growth slows, and each leap requires exponentially more capital. However, the cryptocurrency's resilience and the continued innovation within the crypto ecosystem suggest that the future of Bitcoin remains bright and full of promise.