BTC Price Live Data
The current Bitcoin price is $108,767 USD**, with a 24-hour trading volume of **$9.11 billion USD. Over the past day, Bitcoin (BTC) has seen a slight decline of -0.80%.
About Bitcoin
Bitcoin (BTC) is the world’s first decentralized cryptocurrency, operating on a blockchain network that eliminates the need for intermediaries like banks or financial institutions. Introduced in 2009 by the pseudonymous Satoshi Nakamoto, Bitcoin revolutionized digital transactions with its peer-to-peer framework.
Key Features of Bitcoin:
- Decentralized Network: No central authority controls Bitcoin transactions.
- Blockchain Technology: Transactions are recorded in cryptographically secured blocks.
- Limited Supply: Only 21 million BTC will ever exist, ensuring scarcity.
- Divisible Units: The smallest unit, a Satoshi, equals 0.00000001 BTC.
- Mining Process: Miners solve computational puzzles to validate transactions and earn rewards.
Bitcoin is accepted by over 100,000 merchants globally and can be traded for fiat currencies or other cryptocurrencies. Its low transaction fees and fast processing make it a preferred choice for cross-border payments.
Bitcoin Market Overview
| Metric | Value |
|---|---|
| Current Price | $108,767 USD |
| 24h Volume | $9.11 billion USD |
| 24h Change | -0.80% |
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Frequently Asked Questions (FAQ)
1. What determines Bitcoin’s price?
Bitcoin’s price is influenced by supply/demand dynamics, market sentiment, regulatory news, and macroeconomic trends like inflation or interest rates.
2. How do I buy Bitcoin?
You can purchase BTC on cryptocurrency exchanges using fiat money or other digital assets. Wallets store your Bitcoin securely.
3. Is Bitcoin safe to invest in?
While Bitcoin is volatile, its decentralized nature and limited supply make it a hedge against inflation. Diversify investments and research thoroughly.
👉 Learn how to start investing in Bitcoin
4. What is Bitcoin mining?
Mining involves validating transactions and adding them to the blockchain. Miners earn rewards in BTC for maintaining network security.
5. Can Bitcoin be used for everyday purchases?
Yes! Many retailers accept Bitcoin for goods/services. Payment processors like BitPay facilitate BTC transactions.
6. Will Bitcoin ever reach its 21 million cap?
The last BTC is expected to be mined around 2140. Until then, mining rewards halve approximately every four years ("halving").
Final Thoughts
Bitcoin remains the flagship cryptocurrency, blending innovation with financial sovereignty. Whether you’re trading, investing, or using it for payments, understanding its fundamentals is key.
👉 Explore advanced BTC trading strategies
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