Today's Bitcoin Price Summary
Bitcoin's price today is $54,419.00 USD, with a 24-hour trading volume of $14,386,152,474 USD. BTC is up 0.76% in the last 24 hours. Bitcoin is currently ranked #1 with a market capitalization of $1,074,793,563,279 USD.
Loading...
Ranked # 1
Price
$54,419.00 (1%)
All Time High
$73,738.00 (-26%)
Market Cap
$1,074,793,563,279
Volume (24h)
14,386,152,474
Circulating Supply
19,751,603 BTC
Max Supply
21,000,000 BTC
About Bitcoin
Bitcoin is the world's first successful decentralized cryptocurrency and payment system, launched in 2009 by a mysterious creator known only as Satoshi Nakamoto. The native currency of the Bitcoin network, called Bitcoin (BTC), has revolutionized digital payments by allowing users to securely transfer money without having to rely on central authorities or intermediaries.
The Bitcoin network is powered by a decentralized peer-to-peer network, where users can exchange bitcoins without needing an intermediary. This public ledger uses a technology known as "blockchain" to record and order all transactions securely and immutably. To ensure that consensus is reached amongst users on the validity of each transaction, computers in the network use a process called proof-of-work (PoW).
Miners validate transactions and secure the network by running specialized machines all day, for which they are rewarded with new bitcoins. Bitcoin miners prioritize transactions with higher fees attached to them as this helps to cover their costs of electricity and maintenance. Every time a user sends a transaction, they must pay a network fee based on the size of their transaction before it can be queued for validation.
As we move into an increasingly digitized world where more people are relying on online payment systems for daily needs, understanding how Bitcoin works is essential in order to stay ahead of the curve with emerging technologies. With its revolutionary potential still largely untapped, there’s no telling what this innovative system may offer us next!
What type of cryptocurrency is Bitcoin?
The BTC token on the Bitcoin network is classified as a type of Currency.
What is Bitcoin All-Time High price (ATH)?
On March 14th, 2024 07:10:36 AM, Bitcoin hit a historic high of $73,738.00 USD. It has been about 5 months ago since Bitcoin reached its peak.
What is Bitcoin All-Time Low price (ATL)?
On July 6th, 2013 12:00:00 AM, Bitcoin reached a bottoming price of $67.81 USD. About 11 years ago has passed Bitcoin has seen such a low price.
1 year ago
Help us keep Hodlin going. Every little 'Bit' counts.
Community Posts
Bitcoin
at
$15,818.70
on
Nov 22, 2022
Bitcoin BTC Price News Today - Technical Analysis and Elliott Wave Analysis and Price Prediction! www.youtube.com/...0IhpE
Bitcoin BTC Price News Today - Technical Analysis and Elliott Wave Analysis and Price Prediction!
youtube.com
Bitcoin
at
$16,666.80
on
Nov 17, 2022
CNBC published a report on crypto prices as a result of the FTX collapse and more www.youtube.com/...Wdodw
Bitcoin prices sink as FTX contagion spreads and Genesis halts withdrawals: CNBC Crypto World
youtube.com
Bitcoin
at
$64,235.00
on
Oct 19, 2021
I never thought we would get a Bitcoin ETF this year. This is the most bullish news we have had recently. How high do you think this news will take the Bitcoin price? - www.hodlin.com/...n-etf
After more than eight years of waiting, the first Bitcoin Futures Exchange-Traded Fund (ETF) will debut today, October 19, 2021.
Bitcoin
at
$40,852.00
on
Jun 14, 2021
Ohhh boy! The prices are up now... I guess this is the space we are in now. Why are we dependent on #ElonMusk? twitter.com/...23905
This is inaccurate. Tesla only sold ~10% of holdings to confirm BTC could be liquidated easily without moving market.
— Elon Musk (@elonmusk) June 13, 2021
When there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions.
End of content
That's all we got for #Bitcoin
1 year ago