Currency Image Bitcoin (BTC)

1.000000 BTC (0.00%)
currency icon 26,873.0000 USD (-0.28%)
Market Cap
currency icon 524,111,706,712.0000 USD
Volume (24h)
currency icon 15,568,160,732.0000 USD
Circulating Supply
19,499,312 BTC
Max Supply
21,000,000 BTC
 

Bitcoin Market Pairs

Exchange messages.Pair Volume (24h) Price
HUOBI_GLOBAL BTC/USDT USD 1,417,672,790.12703252 BTC 56,365.11426849
BITFINEX BTC/USD USD 504,233,441.53961527 BTC 56,306.00000000
BITHUMB BTC/KRW USD 297,956,953.49378961 BTC 55,261.83587872
KRAKEN BTC/USD USD 256,348,380.29643989 BTC 56,336.30000000
KUCOIN BTC/USDT USD 190,434,373.33019850 BTC 56,356.62319753
BELPAY BTC/WBTC USD 5,460,265.48138810 BTC 5,547.23443026
COINBASE BTC/USD USD 27,502.80000000 BTC 20,500.00000000
BINANCE BTC/USDT USD 231.62302135 BTC 19,785.01830400

What is Bitcoin?

Overview Image

Bitcoin is a cryptocurrency. It is a decentralized digital currency that is based on cryptography. As such, it can operate without the need of a central authority like a central bank or a company. Bitcoin is unlike government-issued or fiat currencies such as US Dollars or Euro in which they are controlled by the country’s central bank. The decentralized nature allows it to operate on a peer-to-peer network whereby users are able to send funds to each other without going through intermediaries.


Who created Bitcoin?

Bitcoin was created by an unknown individual or group that goes by the name Satoshi Nakamoto with the idea of an electronic peer-to-peer cash system as it is written in a whitepaper. Until today, the true identity of Satoshi Nakamoto has not been verified though there has been speculation and rumor as to who Satoshi might be.


When was Bitcoin launched?

Bitcoin was launched in January 2009 with the first genesis block mined on 9th January 2009.

Historical data for Bitcoin

Date Open* Close* High Low Volume
28 Sep, 2023 26,355.9512 26,357.1451 26,357.1451 26,355.8622 102564.001
27 Sep, 2023 26,208.7254 26,355.9512 26,812.6036 26,145.7268 102564.001
26 Sep, 2023 26,297.3864 26,297.5140 26,297.8989 26,297.3561 112451.001
25 Sep, 2023 26,264.5303 26,297.3864 26,416.9845 26,030.4319 125454.001
24 Sep, 2023 26,586.4131 26,585.6910 26,586.4131 26,585.6910 152595.001
23 Sep, 2023 26,583.7086 26,586.4131 26,638.3739 26,525.4975 125250.001
22 Sep, 2023 26,566.5000 26,568.2713 26,568.2713 26,566.0533 125250.001
21 Sep, 2023 27,128.2575 26,566.5000 27,144.2797 26,396.7534 152595.001
20 Sep, 2023 27,219.0614 27,217.0143 27,219.6670 27,215.6061 115544.001
19 Sep, 2023 26,750.6899 27,219.0614 27,438.4325 26,680.9657 125454.001
18 Sep, 2023 26,536.5308 26,535.6928 26,536.5308 26,535.1732 112451.001
17 Sep, 2023 26,569.3284 26,536.5308 26,613.2752 26,421.4883 125150.001
16 Sep, 2023 26,630.7773 26,611.9589 26,634.9440 26,611.9589 125150.001
15 Sep, 2023 26,534.8311 26,630.7773 26,847.1986 26,247.9984 126815.001
14 Sep, 2023 26,229.8931 26,228.3377 26,230.1936 26,228.3377 115544.001
13 Sep, 2023 25,845.2383 26,229.8931 26,371.9786 25,804.9051 125150.001
12 Sep, 2023 25,161.7728 25,167.9746 25,167.9840 25,158.7393 112451.001
11 Sep, 2023 25,832.7047 25,161.7728 25,877.4177 24,970.1977 125250.001
10 Sep, 2023 25,897.6426 25,888.1182 25,898.1987 25,887.9982 115544.001
09 Sep, 2023 25,907.1550 25,897.6426 25,912.2621 25,816.1162 102564.001
08 Sep, 2023 26,253.4947 26,254.7087 26,257.3665 26,253.3559 152595.001
07 Sep, 2023 25,755.6766 26,253.4947 26,416.7538 25,626.8224 125150.001
06 Sep, 2023 25,780.3009 25,778.7665 25,780.8492 25,778.7665 1022520.001
05 Sep, 2023 25,818.3671 25,780.3009 25,845.5516 25,592.5917 112451.001
04 Sep, 2023 25,968.5906 25,967.4398 25,969.5085 25,967.4398 125454.001
03 Sep, 2023 25,868.3096 25,968.5906 26,069.4806 25,824.2536 1022520.001
02 Sep, 2023 25,819.3855 25,799.8529 25,819.3855 25,799.8529 102564.001
01 Sep, 2023 25,935.9753 25,819.3855 26,117.5841 25,400.0289 126815.001
31 Aug, 2023 27,298.1987 27,298.4174 27,298.6277 27,297.9482 152595.001
30 Aug, 2023 27,724.6081 27,298.1987 27,743.6971 27,090.6426 126815.001
29 Aug, 2023 26,115.3418 26,114.8056 26,115.4163 26,114.8056 152595.001

What is Bitcoin?

Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto[15] and started in 2009[16] when its implementation was released as open-source software.

It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a Blockchain. Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services.[17] Research produced by University of Cambridge estimates that in 2017, there were 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.

Bitcoin has been praised and criticized. Critics noted its use in illegal transactions, the large amount of electricity used by miners, price volatility, and thefts from exchanges. Some economists, including several Nobel laureates, have characterized it as a speculative bubble. Bitcoin has also been used as an investment, although several regulatory agencies have issued investor alerts about bitcoin.

Total Bitcoins in circulation

The successful miner finding the new block is allowed by the rest of the network to reward themselves with newly created bitcoins and transaction fees. As of 11 May 2020, the reward amounted to 6.25 newly created bitcoins per block added to the Blockchain, plus any transaction fees from payments processed by the block. To claim the reward, a special transaction called a coinbase is included with the processed payments. All bitcoins in existence have been created in such coinbase transactions. The bitcoin protocol specifies that the reward for adding a block will be halved every 210,000 blocks (approximately every four years). Eventually, the reward will decrease to zero, and the limit of 21 million bitcoins[g] will be reached c. 2140; the record keeping will then be rewarded solely by transaction fees.

In other words, Nakamoto set a monetary policy based on artificial scarcity at bitcoin's inception that the total number of bitcoins could never exceed 21 million. New bitcoins are created roughly every ten minutes and the rate at which they are generated drops by half about every four years until all will be in circulation.

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September 27, 2023

Top Coins Like Bitcoin, Ethereum, and Others Land In Reds

Quick analysis of the cryptocurrency pricing on September 27: The value of the world market was $1.05 trillion.The oldest and most valuable cryptocurrency in the world, Bitcoin (BTC), was trading below $27,000 early on Wednesday. All of the well-known cryptocurrencies, including Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC), saw losses. The Maker (MKR) token eventually emerged as the top gainer, rising more than 5% in just one day. The greatest loser was Aptos (APT), which had a drop of more than 5% over the course of a day. At the time of writing, the market capitalization of all cryptocurrencies was $1.05 trillion, down 0.46 percent over the previous day.Bitcoin Price TodayAccording to CoinMarketCap, the price of one bitcoin was $26,269.87, a drop of 0.30 percent over the previous 24 hours. WazirX, an Indian exchange, reported that the price of one bitcoin was Rs 22.49 lakh.Ethereum Price TodayAt the time of writing, the price of ETH was $1,594.92, up 0.22 percent over the previous day. According to WazirX, the price of ethereum in India was Rs. 1.36 lakh.Dogecoin Price TodayAccording to data from CoinMarketCap, the 24-hour gain for DOGE, which is presently trading at $0.06106, was 0.29 percent. Dogecoin's price in India as of WazirX was Rs 5.26.Litecoin Price TodayLitecoin lost 1.25 percent throughout the course of a day. It was currently trading at $64.01 at the time of writing. In India, LTC was priced at Rs 5,450.Ripple Price TodayThe price of XRP was $0.5022, down 0.70 percent over the previous day. The price of ripple was Rs 43.27, according to WazirX.Solana Price TodaySolana price was $19.01, down 2.29 percent over the previous 24 hours. SOL cost Rs 1,650.01 in India, according to WazirX. 
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September 25, 2023

Over the weekend, Bitcoin remains below $27,000

Quick analysis of the cryptocurrency pricing on September 25: The value of the entire market fell to $1.04 trillion.Over the weekend, the price of Bitcoin (BTC), the oldest and most valuable cryptocurrency in the world, stayed below $27,000. Popular altcoins like Litecoin (LTC), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Ethereum (ETH) all saw sideways trading. The highest gainer, Curve DAO Token (CRV), went on to have a 24-hour increase of almost 8%. With a drop of more than 4% over the course of a day, toncoin (TONNE) emerged as the largest loser. At the time of writing, the market capitalization of all cryptocurrencies was $1.04 trillion, down 1.08 percent over the previous 24 hours.Bitcoin Price TodayAccording to CoinMarketCap, the price of one bitcoin was $26,165.51, representing a 1.57 percent 24-hour loss. BTC's current price was Rs 22.58 lakh, according to Indian exchange WazirX.Ethereum Price TodayAt the time of writing, the price of ETH was $1,578.07, representing a 24-hour loss of 0.91 percent. According to WazirX, the price of ethereum in India was Rs. 1.36 lakh.Dogecoin Price TodayCurrently trading at $0.06093, DOGE saw a 24-hour decline of 1.05 percent, according to data from CoinMarketCap. Dogecoin's price in India as of WazirX was Rs 5.27.Litecoin Price TodayThe 24-hour loss for Litecoin was 0.85%. Its price at the time of writing was $64.35. The cost of LTC was Rs 5,440.89 in India.Ripple Price TodayThe price of XRP was $0.5027, down 1.17 percent over the previous day. WazirX reported that the price of ripple was Rs 42.90.Solana Price TodaySolana's price was $19.49, down 0.41 percent over the previous 24 hours. SOL cost Rs 1,666.24 in India, according to WazirX. 
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Bitcoin Price

  • Bitcoin Price currency icon 26,873.0000 USD
  • 24 Hour High / Low currency icon 27,225.0000 USD /
    currency icon 26,744.0000 USD
  • 24 Hour Volume currency icon 15,568,160,732.0000 USD
  • Market Cap currency icon 524,111,706,712.0000 USD
  • Market Cap Rank #1
  • Market Cap Dominance 20.2264%
  • Bitcoin/Bitcoin Ratio 1 BTC = 1.0000 BTC
  • 7 Day High / Low currency icon 27,242.5000 USD /
    currency icon 26,030.4000 USD
  • 30 Day High / Low currency icon 27,459.2000 USD /
    currency icon 24,970.2000 USD
  • 90 Day High / Low currency icon 31,764.7000 USD /
    currency icon 24,970.2000 USD
  • 52 Week High / Low currency icon 31,764.7000 USD /
    currency icon 15,562.2000 USD
  • All Time High currency icon 68,892.0000 USD
  • All Time Low currency icon 65.5300 USD
  • Bitcoin ROI 6271 %
  • Trading Volume currency icon 524,111,706,712.0000
  • Circulating Supply 19,499,312 BTC
  • Total Supply 19,499,312 BTC
  • Max Supply 21,000,000 BTC

Cryptocurrency Converter Calculator

1 White Bitcoin (WBTC)
=
26,873.0000 United State Doller (USD)
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Frequently Asked Questions

Bitcoin is the first cryptocurrency which is operated through an open source and peer to peer network which means that there is no central authority such as a bank or government controlling it's operation. Cryptocurrency has emerged as a currency which is accepted worldwide. The currency is the first digital currency which is held in computers and not like rupee notes. It is produced collectively by enterprises all over the word by using advanced computer software that solves mathematical problems.Bitcoin was launched in 2009 with an idea to set aside different currency and make a central currency valid all over the world. The reason why it has seen immense growth since it’s launch is that it is free of all governmental norms and is completely centralised, moreover there are only 21 million bitcoins currently in circulation and since this number is stagnant and the demand is growing, the prices will increase automatically. Bitcoin is the pioneer of creating a currency system that didn’t involve banks; rather, it is operating on a decentralized ledger using technology known as Blockchain.Hence, bitcoin being the pioneer is still one of the most trusted cryptocurrency due to it's ever evolving and profitable nature.

Bitcoin works on a ledger system using the technology of Blockchain. Each Bitcoin can be considered as a computer file which instead of being in your bank account is on your digital wallet, which can be made on a smartphone or computer. These bitcoins can be used to make any kind of transactions, people can send you in form of payment to your wallet and you can send bitcoins to other people for any kind of payment. Every payment is then recorded on the blockchain ledger which is an open source network and hence all the activities can be tracked. Which makes it possible to go back on the ledger and track the fraudulent activities such as using bitcoins you don’t own, undoing transaction history or copying a bitcoin. Cryptocurrency is often considered unsafe but if you are aware of the system , nobody can fool you.There are 3 ways in which you can get Bitcoins:You purchase them using your country's currency.You receive them by selling products or services.You mint them by solving the Advance mathematical problems, through which you can create new Bitcoins, but this could take many years. After obtaining the Bitcoin you can start trading it, using an anonymous ID.

Cryptocurrency is a new type of currency which is in digital form which is used as a medium of exchange. It has become very prominent in the last 5-10 years, for example, bitcoin has almost become an alternative currency . Most of the time, cryptocurrency is electronic-only and isn’t traded in physical form.Cryptographic money appeals to many individuals in view of its capacity to exist without a national bank and along these lines concerns secrecy and subterfuge. It appeals because of its capacity to hold esteem and not be inflated away by national banks that need to print cash. It's likewise hard to fake due to the blockchain record framework that deals with the currency.Cryptocurrencies are produced, tracked and managed through what’s called a distributed ledger such as blockchain. In a distributed ledger, the currency’s movement is processed by computers in a decentralized network, to ensure the integrity of the financial data and ownership of the cryptocurrency. Think of it like a giant never-ending receipt of all the system’s transactions that is being constantly verified by everyone who can see the receipt.Crypto-currency is said to be people’s currency which has set to become an alternative for businesses to conduct and expand business worldwide with more ease.

Blockchain technology is a new-age system of record keeping which is based on decentralized technology to secure data and promote transparency. It is distinguished from the conventional methods on fundamental bases- it stores the information in forms of block, and each block is connected to the subsequent block. On the ledger of blockchain technology any kind of information can be stored but most prominently it has been used to store financial transactions. For example, bitcoin uses blockchain to store all the data through which all transactions can be tracked easily and no central authority has control of the currency but it is divided in the decentralized way.Another important part of blockchain ledger is that once the information is stored it can’t be reversed and hence the data can’t be forged in any way and makes the system very secure.Blockchain has been widely used nowadays in many systems such as delivery tracking systems, administration systems, storing confidential information of scientific labs and paths, financial ledger systems and much more. Businesses are adopting it to bring transparency into their system and create an effective system for working.

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