Today, September 8, 2023 is 10 years since the price of #Bitcoin first crossed the $1.00 threshold. This was a major #milestone for Bitcoin, as it marked the beginning of its #acceptance as a legitimate currency.

On February 9, 2011, the price of Bitcoin reached $1.00 for the first time on the Mt. Gox #exchange. This was a significant increase from the previous price of around $0.30. The price rise was driven by a number of factors, including increased media attention and growing interest from #investors.

The $1.00 milestone was a major turning point for Bitcoin. It showed that the currency was capable of gaining #mainstream #acceptance and that it had the potential to be a viable alternative to traditional currencies. In the years since, #Bitcoin has continued to grow in popularity and its price has fluctuated wildly. However, the $1.00 milestone remains an important marker in the history of Bitcoin.

Here are some other notable events that happened in Bitcoin history on September 8:

* 2013: The price of Bitcoin reaches a new all-time high of $1,242.

* 2015: The #MtGox exchange, one of the largest Bitcoin exchanges at the time, collapses.

* 2017: The price of Bitcoin experiences a major bull run, reaching a new all-time high of $19,783.

* 2018: The price of Bitcoin crashes, losing over 80% of its value.

* 2020: The price of Bitcoin recovers and reaches a new all-time high of $28,990.

The price of Bitcoin is still volatile and its future is uncertain. However, the $1.00 milestone remains an important marker in the history of Bitcoin and it is a testament to the resilience of the currency.