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1. How Crypto started
The Crypto market was born on 3 January 2009 when the first Bitcoin was mined.
In October 2009 the New Liberty Standard established the value of Bitcoin at 1309.03 bitcoins for $1. That's right, it was a fraction of a cent!
The first Bitcoin real-world transaction took place on 22nd May 2010 and involved 10,000 bitcoins being exchanged for $25 worth of pizza.
2. How Crypto's going
Cut to 22 March 2024 and Bitcoin is the 9th most valuable asset in the world!
The overall crypto market has a market capitalization of $2.53 trillion. That's more than the individual market caps of some of the world's top companies - NVIDIA, Saudi Aramco, Amazon, Alphabet (Google), Meta Platforms (Facebook), and even Warren Buffett's Berkshire Hathaway!
In fact, Bitcoin alone is 5.5 times more valuable than Reliance Industries - India's largest company!