(C): Unsplash
Bitcoin is a decentralized digital currency that operates without the need for a central authority like a bank or government. Created in 2009 by an anonymous individual or group using the name Satoshi Nakamoto, Bitcoin allows peer-to-peer transactions through a secure and transparent blockchain network. Each transaction is verified by network nodes via cryptography and recorded on a public ledger known as the blockchain. Unlike traditional currencies, Bitcoin is limited in supply only 21 million coins will ever exist making it deflationary by design. It is often considered both a store of value (like digital gold) and a speculative investment, and has become a key player in the world of finance, technology, and global economics.
Bitcoin continues its upward trend, trading above $114K today with strong year-on-year growth in both USD and Malaysian Ringgit (MYR) values.
Over the last 7 days, Bitcoin saw a slight dip of around 3%, reflecting minor short-term volatility amid its broader upward trend.
Bitcoin has shown strong short-term momentum, nearly doubling in value in just three months across both USD and MYR prices.
The 10-year performance of Bitcoin highlights extreme volatility but incredible long-term returns for early investors in both USD and MYR.
| Year | BTC Price (USD) | Price in MYR | YoY Growth |
| 2015 | $314.25 | RM 1,360 | -58.30% |
| 2016 | $434.33 | RM 1,880 | +38.2% |
| 2017 | $998.33 | RM 4,320 | +130% |
| 2018 | $13,657.20 | RM 59,100 | +1,268% |
| 2019 | $3,843.52 | RM 16,600 | -71.90% |
| 2020 | $7,200.17 | RM 31,100 | +87.3% |
| 2021 | $29,374.15 | RM 127,800 | +308% |
| 2022 | $47,686.81 | RM 207,300 | +62.3% |
| 2023 | $16,625.08 | RM 72,400 | -65.10% |
| 2024 | $44,167.33 | RM 192,500 | +165.7% |
| 2025 | $94,419.76 | RM 410,000 | +113.8% |
Read Also: Singapore Exchange Plans to Roll Out Bitcoin Perpetual Futures in 2025
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