The live price of Bitcoin is - per (BTC / USD) with a current market cap of $2,058.40B USD. 24-hour trading volume is - USD. BTC to USD price is updated in real-time. Bitcoin is -% in the last 24 hours with a circulating supply of 19.87M.
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Bitcoin is one of the hottest cryptocurrencies on the market. Since it was first launched by Satoshi Nakamoto in 2009, Bitcoin has been the highest-valued cryptocurrency by market capitalization. Bitcoin paved the way for many existing altcoins on the market and marked a pivotal moment in the evolution of digital payment solutions.
As the world's first cryptocurrency, Bitcoin has grown rapidly in value, reaching an all-time high (ATH) of over $108,000 in December 2024.
BTC has no physical tokens and therefore operates as a digital currency. Bitcoin transactions are completely transparent and cannot be censored, providing a global, censorship-resistant medium for financial trading platforms. Bitcoin is a financial system that is supported by a decentralized network of computers (called "nodes") rather than centralized banks or government entities, thereby promoting "decentralization."
Bitcoin was created in 2009 by an anonymous person or group using the pseudonym Satoshi Nakamoto. The digital asset is based on a decentralized peer-to-peer (C2C) network and blockchain technology, which allows users to send and receive transactions securely and anonymously without the involvement of an intermediary. Satoshi Nakamoto published the Bitcoin white paper in 2008, outlining the design and principles of the cryptocurrency. The first Bitcoin transaction took place on January 12, 2009, when Satoshi Nakamoto sent 10 Bitcoins to a developer. Since then, Bitcoin has gained widespread attention as an alternative store of value and payment system, revolutionizing the financial industry.
Bitcoin runs on a decentralized peer-to-peer (C2C) network, allowing individuals to conduct transactions without the need for an intermediary. Transactions are transparent and secure, thanks to the underlying blockchain technology that stores and verifies recorded transaction data. Miners use computing power to solve complex mathematical puzzles to verify transactions. The first miner to find a solution is rewarded with cryptocurrency, thereby creating a new Bitcoin. Once the verification is complete, the data is added to the existing blockchain and becomes a permanent record. Bitcoin has redefined traditional finance by providing a transparent and secure alternative to transactions.
Since its inception, Bitcoin's price volatility has been high for several reasons: First, the cryptocurrency market is still relatively small and less liquid than traditional financial markets, which means that large transactions can significantly affect price movements. Second, Bitcoin's value depends on public sentiment and speculation, which can cause short-term price fluctuations. Media coverage, influential opinions, and regulatory developments can also create uncertainty, which can affect supply and demand dynamics and cause price fluctuations.
Another key factor is Bitcoin's fixed supply. Given that the total supply of Bitcoin is only 21 million, its scarcity can cause its price to fluctuate significantly as demand changes. This is exacerbated by the existence of "whales" (i.e. large Bitcoin holders), whose large transactions can greatly affect the market.
So far, Bitcoin's price has not fluctuated much since its fourth halving. Analysts believe that the cryptocurrency market is much more mature today than it was during the last halving. The current economic situation may also be the reason why its price has not fluctuated much.
Other factors such as market sentiment, regulatory developments, and global events can also affect the price of Bitcoin. To learn how Bitcoin halving works, stay tuned to our Bitcoin halving countdown.
Bitcoin is now available for trading and purchase on Binance. Bitcoin's price today is updated and can be viewed in real time on the Binance platform.
The fourth Bitcoin halving was completed in April 2024. The exact date of the next halving is difficult to predict as it depends on the block height. Since a halving occurs every 210,000 blocks, the next Bitcoin halving is expected to occur in 2028.
Bitcoin halvings occur approximately every four years, and after each halving, the mining reward received by Bitcoin miners is cut in half. Following the halving in April 2024, the mining reward has dropped to 3.125 BTC per block. Halvings are built into the Bitcoin protocol to maintain its value as a deflationary currency.
Since cryptocurrency exchanges are open 24/7, the value of Bitcoin is constantly fluctuating. You can check the current real-time price of Bitcoin and its historical price data on the Binance website.
The circulating supply of Bitcoin is 19.8 million, and the maximum supply is 21,000,000 (21 million).
Bitcoin is the cryptocurrency with the highest market capitalization. Since its launch, Bitcoin's value has continued to rise, and its user base has continued to grow. Since cryptocurrency exchanges are open 24/7, the actual value of Bitcoin is constantly changing.
In December 2024, the price of Bitcoin reached an all-time high of $108,000. On July 10, 2010, Bitcoin recorded its lowest point in history at $0.04865.
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