Decoding Bitcoin's Price Trends: Thanksgiving Day 2009-2023

• Annual Bitcoin Price Trend During Thanksgiving Since 2009
• Bitcoin's Price Evolution Over Thanksgiving: 2009 to 2023
• Bitcoin's Price on Thanksgiving Day
• Bitcoin's Price During Thanksgiving: A Closer Look
• Thanksgiving Price Increases: 2010 to 2012
• Current Status (2023)

Annual Bitcoin Price Trend During Thanksgiving Since 2009

Beginning in 2009, the trend of Bitcoin$42,260 -0.64%'s annual price has consistently shown impressive increments until each Thanksgiving. Market optimism commonly grows during the holiday season, often helping Bitcoin achieve unprecedented values.

Bitcoin's Price Evolution Over Thanksgiving: 2009 to 2023

The following data reveals the price of Bitcoin on each Thanksgiving from 2009 until 2023:

Bitcoin's Price on Thanksgiving Day

• 2010: $0.28
• 2011: $2.49
• 2012: $12.51
• 2013: $813
• 2014: $376
• 2015: $328
• 2016: $739
• 2017: $8,771
• 2018: $4,015
• 2019: $7,150
• 2020: $18,764
• 2021: $58,927
• 2022: $16,353
• 2023: $37,035

Bitcoin's Price During Thanksgiving: A Closer Look

During Thanksgiving 2009, Bitcoin was still a novel concept, trading at $0. As the holiday rolled around in 2010, the price had grown to $0.28. This means that an investment of $1,000 would have secured you 3,571 BTC almost 13 years ago, a sum that in 2023 translates to an astonishing $132 million.

Thanksgiving Price Increases: 2010 to 2012

By the following Thanksgiving in 2011, the price per BTC had escalated to $2.49. This represented a significant year-on-year increase of 789% from Thanksgiving 2010. The trend continued into Thanksgiving 2012, with BTC touching $12.51, which reflected a solid growth of 402% from the previous year.

Current Status (2023)

As we celebrate Thanksgiving in 2023, Bitcoin seems to be flourishing in the green, trading around $37,120. After a period of relative stability around $37,000, BTC has enjoyed a slight increase of 2%.

Edited by Jonathan Stoker