|Market Cap||Volume||Available Supply|
|$1,182.09 B||$31.10 B||18.85 M BTC|
Bitcoin current price is $62,695.00 with a marketcap of $1,182.09 B. Its price is -0.47% down in last 24 hours.
This article is for you if you are new to Bitcoin and would like to find out if it's a good investment for the medium to long term or you are someone already holding Bitcoin and would like a sneak peek into what potentially lies ahead for Bitcoin.
Bitcoin is the first and the most popular peer-to-peer digital cryptocurrency. Bitcoin was created by a group or an individual named Satoshi Nakamoto in 2009. It works as a decentralized payment system. This means that the Bitcoin network works without the involvement of intermediaries or the intervention of any third parties. it's the network of “Miners” who verify each transaction. Not any central bank, single person or authority controls the network, instead the “Miners” who control it.
It's a very transparent payment system, supported by Blockchain technology. Every transaction that ever happened on the network, can be viewed. And never a change or deletion can be made to its records.
Bitcoin has been very successful since its inception. Reaching an all-time high of around $20,000, 8 years after its release price of less than 1 cent in 2009. Subsequently, it has pushed more and more cryptocurrencies to enter the market.
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