Bitcoin Pizza Day Celebration Awaiting Recovery

Bitcoin Pizza Day. Photo: Pixabay.

Today, May 22, is Bitcoin Pizza Day. A day to celebrate a historic event marked by the multimillion-dollar purchase of two pizzas, for the amount of 10 thousand bitcoins.

It was in 2010 when the American citizen Laszlo Hanyecz paid for two pizzas for 10 thousand bitcoins, which today would be almost 700 million dollars. At that time the price of bitcoin was around $40.

The enthusiastic public of bitcoin and cryptocurrencies adopted the now million-dollar transaction as Bitcoin Pizza Day. One more pretext to promote knowledge and investment culture in cryptocurrencies, given its exponential growth, as can be seen in the following graph:

Bitcon price history to 2024
Bitcon price history. Source: coingecko.

In the middle of May 2024, after the fourth Bitcoin halving, the price of the cryptocurrency has risen above 73 thousand dollars, after remaining at the average of 60 and 66 thousand dollars.

The celebration of this day keeps the market in suspense, since according to specialists, the FED reports are not very encouraging regarding the risk of inflation in the US, but with the arrival of Bitcoin ETFs and their adoption in that market and that of Hong Kong, could drive a historic increase in price in the coming weeks.

The blockchain is celebrating today. Because an apparent purchase error has become one more reason to enjoy a delicious pizza and to continue witnessing the potential and growth of Bitcoin in the digital economy.

 
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