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The Defiant 2024-12-05 17:56:04

Bitcoin Hits $100,000, Turning 2010's $30-40 Pizza Purchase into $1 Billion

Bitcoin has reached a new milestone, surpassing $100,000 in value, significantly increasing its market cap to over $2 trillion. This price surge has brought renewed attention to the infamous transaction made by Laszlo Hanyecz in 2010, when he traded 10,000 BTC for two Papa John's pizzas, a transaction now valued at over $1 billion. At the time, those 10,000 bitcoins were worth approximately $30-40, highlighting the exponential growth of Bitcoin's value since its inception. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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