Currency Image Bitcoin (BTC)

1.000000 BTC (0.00%)
currency icon 27,556.0000 USD (-2.13%)
Market Cap
currency icon 532,899,934,517.0000 USD
Volume (24h)
currency icon 36,033,279,291.0000 USD
Circulating Supply
19,325,112 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
BINANCE BTC/USDT USD 14,068,212.72825895 BTC 54,226.64941474
COINBASE BTC/USD USD 5,756,181.21936084 BTC 54,318.18000000
BELPAY BTC/WBTC USD 5,023,810.65002440 BTC 6,449.08532771

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
21 Mar, 2023 27,789.8293 28,185.8937 28,463.0215 27,455.1388 126815.001
20 Mar, 2023 28,023.2445 28,083.6740 28,083.6740 28,023.2445 125454.001
19 Mar, 2023 26,963.5579 28,023.2445 28,408.2929 26,915.1084 152056.001
18 Mar, 2023 27,394.1744 27,393.5077 27,403.1834 27,379.2019 1022520.001
17 Mar, 2023 25,050.0651 27,394.1744 27,740.6863 24,958.6670 125454.001
16 Mar, 2023 24,365.3268 24,366.0066 24,366.8690 24,358.6475 125454.001
15 Mar, 2023 24,771.5821 24,365.3268 25,204.8661 24,075.2305 112451.001
14 Mar, 2023 24,172.0321 24,225.5319 24,238.4613 24,172.0321 152595.001
13 Mar, 2023 22,173.3984 24,172.0321 24,475.9011 21,949.3963 102564.001
12 Mar, 2023 20,634.8555 20,611.4831 20,634.8555 20,611.4831 112451.001
11 Mar, 2023 20,260.8260 20,634.8555 20,856.5007 19,936.7213 1022520.001
10 Mar, 2023 20,361.4187 20,356.2622 20,361.4187 20,356.1592 1022520.001
09 Mar, 2023 21,702.3223 20,361.4187 21,810.7409 20,128.2209 1022520.001
08 Mar, 2023 22,200.4143 22,222.4750 22,222.4750 22,200.3067 125250.001
07 Mar, 2023 22,407.3875 22,200.4143 22,503.9007 21,986.7075 112451.001
06 Mar, 2023 22,428.0324 22,429.3476 22,429.3476 22,424.7834 125411.001
05 Mar, 2023 22,349.1339 22,428.0324 22,615.2234 22,268.5551 125250.001
04 Mar, 2023 22,350.5618 22,354.9000 22,354.9000 22,346.0856 1022520.001
03 Mar, 2023 23,469.4801 22,350.5618 23,475.6515 22,167.9476 152056.001
02 Mar, 2023 23,634.2422 23,643.1246 23,645.2904 23,632.9565 112451.001
01 Mar, 2023 23,129.7554 23,634.2422 23,896.9252 23,041.4551 125411.001
28 Feb, 2023 23,505.1849 23,505.9081 23,505.9081 23,498.2777 1022520.001
27 Feb, 2023 23,548.0046 23,505.1849 23,851.3431 23,180.7602 152595.001
26 Feb, 2023 23,170.5112 23,158.3414 23,170.5112 23,158.3414 125454.001
25 Feb, 2023 23,193.5834 23,170.5112 23,218.4921 22,828.2234 112451.001
24 Feb, 2023 23,944.6427 23,950.5548 23,960.1028 23,944.5457 1022520.001
23 Feb, 2023 24,187.4974 23,944.6427 24,584.0965 23,640.2748 126815.001
22 Feb, 2023 24,432.4210 24,433.3313 24,434.6221 24,432.4210 125250.001

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.

March 20, 2023

Crypto Price Today: Avalanche, Solana, and Shiba Inu fall up to 10% while Bitcoin maintains $24,000

Due to profit taking and bad news about Credit Suisse bank, Bitcoin and other crypto tokens were selling in the deep red on Thursday. The markets for riskier commodities are likely to be most concerned about a liquidity crunch, especially in light of Silicon Valley Bank's failure.Bitcoin was once again above the predetermined psychological levels after trying the $24,000 level and had fallen more than 1% in the previous day. However, Ethereum, which is its biggest rival, reported a larger decrease and was below the $1,700 mark. Altcoin, however, experienced a severe drop.On Thursday, all other well-known crypto tokens were trading with significant losses aside from the stablecoins linked to the US dollar. Avalanche experienced a 10% decline, whereas Litecoin, Shiba Inu, and Solana all experienced 8% declines. Polkadot and Cardano both lost 6 percent, while Polygon fell by 7 percent.The market capitalization of all cryptocurrencies was down significantly, trading at $1.17 trillion, after dropping as much as 3% over the previous day. Similar to this, overall trading volume fell by close to 21%, or about $81.03 billion.
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March 16, 2023

Crypto Price Today: Brief Bitcoin $26,000 break, gains in ethereum and other coins

On Wednesday, cryptocurrencies continued to increase. The market capitalization of all cryptocurrencies was $1.1 trillion, with $102.4 billion in traffic traded in the previous day.BitcoinThe biggest and most well-known virtual currency in the world, Bitcoin, increased 2.3 percent to $24,838.4 after momentarily crossing the $26,000 mark. Its market valuation was 481.4 billion dollars. The value of the trade was $55 billion.EthereumEthererum, also known as Ether, the second-largest virtual currency, increased 2.3 percent to $1,707, with a market capitalization of $209.5 billion. In the previous day, Ethereum trades were worth $16.4 billion.DogecoinThe virtual currency Dogecoin, which is founded on memes, increased by 4.4 percent on Wednesday. It had a $10 billion market worth. There were $660.7 million worth of transactions.Solana Solana share price dropped 3% to $23.8 and now has a $9 billion market value. $527.3 million worth of Solana trades were made in the previous day.Shiba Inu Shiba Inu market capitalization rose by 2.9 percent to $6.2 billion. $516.5 million worth of transactions were made over the past 24 hours.Polygon Polygon market capitalization decreased by 2.7 percent to $10.5 billion. In the previous 24 hours, there were $1 billion worth of trades.
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Bitcoin Price

  • Bitcoin Price currency icon 27,556.0000 USD
  • 24 Hour High / Low currency icon 28,907.0000 USD /
    currency icon 26,980.0000 USD
  • 24 Hour Volume currency icon 36,033,279,291.0000 USD
  • Market Cap currency icon 532,899,934,517.0000 USD
  • Market Cap Rank #1
  • Market Cap Dominance 17.5692%
  • Bitcoin/Bitcoin Ratio 1 BTC = 1.0000 BTC
  • 7 Day High / Low currency icon 28,778.2000 USD /
    currency icon 24,247.7000 USD
  • 30 Day High / Low currency icon 28,778.2000 USD /
    currency icon 19,614.4000 USD
  • 90 Day High / Low currency icon 28,778.2000 USD /
    currency icon 16,394.9000 USD
  • 52 Week High / Low currency icon 48,171.1000 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 6433 %
  • Trading Volume currency icon 532,899,934,517.0000
  • Circulating Supply 19,325,112 BTC
  • Total Supply 19,325,112 BTC
  • Max Supply 21,000,000 BTC

Cryptocurrency Converter Calculator

1 White Bitcoin (WBTC)
27,556.0000 United State Doller (USD)

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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