About Bitcoin

Author : mujurr
Publish Date : 2020-12-06


About Bitcoin

Bitcoin Market Overview
On the following widget, there is a live price of Bitcoin with other useful market data including Bitcoin's market capitalization, trading volume, daily, weekly and monthly changes, total supply, highest and lowest prices, etc. By default, the Bitcoin price is provided in USD, but you can easily switch the base currency to Euro, British Pounds, Japanese yen, and Russian Roubles.

Bitcoin Price | (BTC) Price Index and Live Bitcoin Price Index

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About Bitcoin

Bitcoin (BTC) is a consensus network that enables a new payment system and a completely digital currency. Powered by its users, it is a peer to peer payment network that requires no central authority to operate.

On October 31st, 2008, an individual or group of individuals operating under the pseudonym "Satoshi Nakamoto" published the Bitcoin Whitepaper and described it as: "a purely peer-to-peer version of electronic cash, which would allow online payments to b
Bitcoin was the first cryptocurrency to successfully record transactions on a secure, decentralized blockchain-based network. Launched in early 2009 by its pseudonymous creator Satoshi Nakamoto, Bitcoin is the largest cryptocurrency measured by market capitalization and amount of data stored on its blockchain. The Bitcoin software is free and available online to anyone who wants to run a Bitcoin node and store their own copy of the Bitcoin blockchain. As Bitcoin matures, engineers have designed additional protocols to improve the speed and privacy of Bitcoin transactions, including the Omni Layer, Lightning Network and Liquid Network. Only approximately 21 million bitcoins will ever be created. New coins are minted every 10 minutes by bitcoin miners who help to maintain the network by adding new transaction data to the blockchain.

The Bitcoin price page is part of The CoinDesk 20 that features price history, price ticker, market cap and live charts for the top cryptocurrencies.
How much is Bitcoin worth today? The average price of one bitcoin was approximately 19,000 U.S. dollars in December 2020. Bitcoins are traded on several independent exchanges worldwide and there may be differences in the prices. The bitcoin price index provides the average price across the leading global exchanges.
Bitcoin’s highest price
The virtual currency has had a volatile trading history since its creation in 2009. The first price hike occurred during 2013 when one bitcoin was trading at around 1,124 U.S. dollars in November. Four years later, bitcoin experienced a meteoric rise and reached record highs, with some exchanges having the price of a single bitcoin at approximately 20,000 U.S. dollars in late 2017. However, prices soon started to tumble in the months that followed. In the third quarter of 2020, there were around 18.5 million bitcoins in circulation worldwide, and the market capitalization of Bitcoin was approximately 200 billion U.S. dollars.
What is cryptocurrency?
Cryptocurrencies are virtual currencies that use blockchain technology to track transactions through a network of computers. They can be used as an alternative currency to buy goods and services, but many people buy them as an investment, hoping that the value is pushed up because others want them in the future. Bitcoin held a 66 percent share of the total cryptocurrency market in 2020. There have been calls for the crypto market to be more regulated because money is created and transferred without the actions of monetary authorities.



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