From $2 to $95 thousand: See the evolution of Bitcoin on Thanksgiving days

Source: PortaldoBitcoin Original Title: From $2 to $95,000: See the evolution of Bitcoin on Thanksgiving Day Original Link: https://portaldobitcoin.uol.com.br/de-us-2-a-us-95-mil-veja-a-evolucao-do-bitcoin-nos-dias-de-acao-de-gracas/ This Thursday (27), Thanksgiving holiday ( in the USA, Bitcoin traded in the range of $91,600, showing a strong recovery after the recent downturn in the past few weeks.

The largest cryptocurrency in the world has been under pressure throughout November, following the correction movement observed in other risky assets as well. Last week, BTC reached nearly $81,000, temporarily erasing all the gains accumulated in 2025.

Even with this week's recovery, the price is still below that recorded on Thanksgiving 2024, when it hit the historic high of $95,531, representing a slight annual decrease of 4.1%.

The holiday, one of the most important in the United States, serves as an interesting reference to see how the price of Bitcoin has evolved explosively over the years:

Bitcoin's Bull Run

The comparison with previous years reveals a journey of extremes. Since Bitcoin began to be monitored during the American holiday, its value has varied from a low of $2.49 in 2011 to a peak of $95,531 in 2024. One of the most impressive highlights of this trajectory occurred between 2012 and 2013, when the price jumped from $12.51 to $813, a monumental appreciation of 6,700%.

After this boom, there came phases of adjustment. In 2014 and 2015, Bitcoin fell from US$ 376 to US$ 328. The recovery began to gain momentum again in 2016, culminating in the rally of 2017, when BTC reached US$ 8,771, amid the rise of ICOs and the widespread enthusiasm that put the cryptocurrency on the radar of the average investor.

There were strong corrections in the following years, especially in 2018 ) a drop of more than 50%(, before a consistent recovery between 2019 and 2021, the year when the entry of large institutions and companies into the sector drove the price to $58,927 during the holiday.

The following decade maintains the pattern of volatility. In 2022, the currency fell back to $16,353, influenced by the collapse of major companies in the sector, only to recover robustly in 2023 )+126.5%( and explode in 2024 with the arrival of spot Bitcoin ETFs in the US, which drove the asset to a historical record for Thanksgiving days: $95,531 )+158%(.

About Thanksgiving

Thanksgiving is always celebrated on the fourth Thursday of November and is one of the most traditional holidays in the United States. Its origin dates back to the 17th century, when European settlers organized a feast to give thanks for the good harvest, in the company of the indigenous peoples of the region. Over the centuries, the date has become established as a moment of gratitude, family gathering, and national pause, with the traditional turkey as the central dish.