On April 1, 2013, Bitcoin traded above $100 for the first time, a major milestone in its early market journey. Just four years earlier, Bitcoin had little to no monetary value. The surge past $100 came during a period of rising global financial stress, including the Cyprus banking crisis, which increased demand for alternatives to traditional banks. Growing exchange activity and media attention fueled momentum, signaling Bitcoin’s transition from a niche experiment to an emerging financial asset.
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