Performance
Short Term Long Term Short Term Comparision Long Term Comparison
  • $62,813.00 (-0.29)%
  • 1h-0.29%
  • 24h-0.82%
  • 7d-9.09%
  • 30d-6.4%
  • 1y106.24%
ATH
  • ATH Price$73,738.00
  • ATH Date2024-03-14
  • % since ATH-14.82%
  • % to ATH17.39x
ATL
  • ATL Price$0.01
  • ATL Date2010-01-01
  • % from ATL 6,281,300.00x
  • Last Low Price$63,399.00
  • Last Low Date2024-04-15
  • % from Last Low 0.99x
Community
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General
  • NameBitcoin
  • Symbolbtc
  • Rank#1
  • MIG Rank
  • Market Cap $1,236,178,932,656.00
  • Fully Diluted Valuation $1,318,786,393,562.00
  • Volume $41,947,000,000.00
  • Vol. / Market C. Ratio3.39%
  • Av.Supply / Max Supply Ratio 93.74%
  • CentralizationDecentralized
  • Open SourceYes
  • Develpment StatusWorking product
  • Proof TypeProof of Work
  • PlatformBitcoin
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$62,813.00
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What is Bitcoin?

Bitcoin is one of the most famous decentralized cryptocurrency in the market. This coin is an online currency that enables the peer to peer exchanges and transactions between people. 

With the help of Bitcoin currency, all independent network participants can make exchanges among each other without intermediary assistance. 

According to Nakamoto’s own words, BTC currency is launch to enable the currency holders to send the payments directly from one party to another without going through a financial institution.

There are some other new cryptocurrencies as well, but as always, BTC holds the position of being no. 1 as it is launched first in the market.

Most Active Markets 

It is a fact that BTC is more famous than even the term cryptocurrency. As Bitcoin is so significantly famous and is a synonym to Crypto, we think it is quite apparent to guess that BTC is transacted on every virtual crypto platform. However, some incredibly popular market for transacting BTC are:

Why Bitcoin is Unique? 

The reason behind the popularity of the BTC cryptocurrency is its unique feature of being the first currency in the market. BTC Coin is a global currency that is growing and advancing each day. Millions of currency holders are investing, trading and transacting in cryptocurrencies with Bitcoin or other currencies.

Bitcoin cryptocurrency is inspiring numerous other companies to develop similar currencies that enable the users to receive, send and exchange with other crypto users in the world. 

Today the cryptocurrency market is worth more than $300 billion because of the ideal first cryptocurrency. Moreover, mining Bitcoins can be incredibly profitable for miners, depending on the current hash rate and price of the Bitcoin. 

Moreover, at this point there are numerous cryptocurrencies in the market that provide similar features, however BTC is still holding a dominant position in the industry.

# Exchange Pair Price Spread 24h Volume Volume(%) Last Traded Trust Score

Project Team

Marco Falke
Blockchain Developer
Jonas Schnelli
Blockchain Developer
Wladimir J. van der Laan
Blockchain Developer
Satoshi Nakamoto
Founder

Comments (2)

  2. tornadocash Dec 24, 2019

    Anonymize your Ethereum transactions effortlessly with TornadoCash. Say goodbye to surveillance and hello to privacy.

    Reply

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  •   Bitcoin sometimes drops by hundreds of dollars in a single day thereby paving the way for day traders and speculators to make fortune.
  •   The largest use case for bitcoin is as a store of value. Like gold, it is seen by some as a valuable and appreciating asset that retains its worth or increase in purchasing power with time.
  •   About 4 to 6.5 Billion unbanked people can use it as a global payment method
  •   Migrants can use it to send money to their relatives in their countries e.g., African, Asian, and Latin American countries
  •   Can be used for micro payments for machines e.g., company like Uber can have self-driven cars in future which get paid automatically in bitcoin
Pros
  •   Wide acceptance as a payment method.
  •   Transactions easier than regular currencies.
  •   Lower transaction fees.
  •   Bitcoin is the most decentralized crypto currency with the biggest network effects
  •   Borderless, Permission less, Immutable etc.
Cons
  •   Anonymity and privacy relative to traditional currencies.
  •   Black market activities can damage usefulness.
  •       No charge-backs or refunds.
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