According to BlockBeats, October 31 marks the 16th anniversary of the release of the Bitcoin whitepaper titled 'Bitcoin: A Peer-to-Peer Electronic Cash System' by Satoshi Nakamoto on the P2P Foundation website.
The Bitcoin network was officially launched on January 3, 2009, with an initial trading price of $0.0008. Since its inception, Bitcoin has appreciated over 90 million times in value.
As per the latest market data, the current price of Bitcoin stands at $72,309, with a total market capitalization of $1.43 trillion.
