First Mover Americas: Bitcoin Holds Near $63K, Consolidating Week's Recovery
Yahoo Finance · 10 hours ago
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- 60,594.40Add to watchlist-1,925.17 (-3.08%)As of Fri. May 10, 2024 9:43 PM UTC · CoinMarketCap (USD) · Market open
- Open63,062.00High63,437.75Low60,317.43
- Mkt Cap1193.5BP/E (TTM)N/ADiv & YieldN/A & N/A
- Prev. Close63,062.0052 Wk. Low24,797.1752 Wk. High73,750.07
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Bitcoin USD price, real-time (live) charts, news and videos. Learn about BTC value, bitcoin cryptocurrency, crypto trading, and more.
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Bitcoin is the first decentralized, peer-to-peer digital currency. One of its most important functions is that it is used as a decentralized store of value. In other words, it provides for ownership rights as a physical asset or as a unit of account. However, the latter store-of-value function has been debated.
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- What Is Bitcoin (BTC)?[Bitcoin](https://coinmarketcap.com/alexandria/article/an-intro-to-bitcoin) is a decentralized [cryptocurrency](https://coinmarketcap.com/alexandri...
- Who Are the Founders of Bitcoin?Bitcoin’s original inventor is known under a pseudonym, Satoshi Nakamoto. As of 2021, the true identity of the person — or organization — that is b...
- What Makes Bitcoin Unique?Bitcoin’s most unique advantage comes from the fact that it was the very first cryptocurrency to appear on the market. It has managed to create a g...
- How Much Bitcoin Is in Circulation?Bitcoin’s [total supply](https://coinmarketcap.com/alexandria/article/what-is-tokenomics) is limited by its software and will never exceed 21,000,0...
- How Is the Bitcoin Network Secured?Bitcoin is secured with the [SHA-256 algorithm](https://coinmarketcap.com/alexandria/glossary/sha-256), which belongs to the SHA-2 family of hashin...
- How Is Bitcoin’s Technology Upgraded?A [hard fork](https://coinmarketcap.com/alexandria/glossary/hard-fork-blockchain) is a radical change to the protocol that makes previously invalid...
- What Is Taproot?Taproot is a [soft fork](https://coinmarketcap.com/alexandria/glossary/soft-fork-blockchain) that bundles together BIP 340, 341 and 342 and aims to...
- What Is the Lightning Network?The Lightning Network is an off-chain, layered payment protocol that operates bidirectional payment channels which allows instantaneous transfer wi...
- Who Are the Largest Corporate Holders of Bitcoin?A few years ago, the idea that a publicly traded company might hold Bitcoin on its balance sheets seemed highly laughable. The flagship cryptocurre...
63,073.50. About Bitcoin. . About United States Dollar. . Get the latest Bitcoin (BTC / USD) real-time quote, historical performance, charts, and other cryptocurrency information to help you make ...
The value of Bitcoin is determined by several factors, primarily supply and demand. Bitcoin's supply is finite, with only 21 million bitcoins ever to be produced. This scarcity is a key factor in its value. The rate at which new bitcoins are created is designed to slow down over time, which may influence demand.
- What Is Bitcoin (BTC)?
- How Does Bitcoin Work?
- How Much Bitcoin Is in circulation?
- How Do You Buy Bitcoin?
- How Do You Store Bitcoin?
- How Secure Is Bitcoin?
- Bitcoin Energy Consumption
- What Is Bitcoin Halving?
- Is Bitcoin A Good Investment?
- How Is Bitcoin upgraded?
To its users, traders, and holders (or hodlers!), Bitcoin is a type of electronic money that, unlike almost every previous alternative, exists independently and outside the control of any state or financial institution. It doesn’t recognize any borders, meaning that it can be transferred between participants on its network without the need for or i...
Bitcoin uses cryptography to verify transactions and record them on a blockchain, which is a public distributed ledger. A ledger isn’t a revolutionary concept, but it is required as a record of transactions within a financial system. The fact that the ledger used by BTC is publicly distributed marks a significant departure from the traditional fina...
Bitcoin’s protocol limits its supply, effectively creating a predefined monetary policy, and sets this limit at a total of 21,000,000 BTC. This is an amount that is yet to be reached, because Bitcoins are still being created as a reward for miners. The original reward of 50 BTC per mined block as of the genesis block has been halved several times t...
Bitcoin is the easiest cryptocurrency to purchase. Ever since the pizza delivery guy who effectively bought 10,000 BTC for the price of two pizzas, Bitcoin has been an effective peer-to-peer currency - and it can still be purchased in a peer-to-peer fashion. Every exchange of note, centralized or decentralized, will also offer BTC. You can not only...
As mentioned above, you need a wallet to store Bitcoin. This is not strictly true, however, being that Bitcoins are stored on the blockchain and wallet addresses only identify them. But, to all intents and purposes, having a wallet and keeping its private key safe is similar to being in possession of and not losing a physical wallet containing cash...
Bitcoin is based on extremely safe SHA-256 cryptography created by the National Security Agency of the U.S., and the bitcoin protocol includes many features protecting it against various vectors of attack, including: 1. Double Spending. This type of attack involves the user trying to send the same Bitcoin to two different addresses in succession. I...
As awareness about Energy Consumption and the need to be Green has swept over consumers, critics of Bitcoin have used its consumption of energy as a vector of attack. Reports have claimed Bitcoin’s transactions take ‘as much electricity as an American household does in six weeks’, and that Bitcoin’s annual energy requirement amounts to more than th...
Bitcoin halving refers to the reduction of the Bitcoin block reward paid out to miners upon the successful creation of a new block. As set out in the Bitcoin Protocol, this reward began at 50 BTC with the genesis block in January 2009. It has since halved every 210,000 blocks to 25, 12.5 and most recently to 6.25 BTC. These halvings and the predefi...
The fixed monetary value and software-defined scarcity of Bitcoin are commonly used as arguments why Bitcoin is a valuable investment. With a fixed maximum supply of 21 million BTC and a slowing supply toward that number as halvings take place, its value is evident as the network effect takes hold when compared to fiat currencies that have no suppl...
Developers upgrade Bitcoin by conducting a fork in the network. These forks are essentially changes in the protocol of the Bitcoin network and can be implemented for several reasons. The most common reason to fork Bitcoin is to upgrade it, and a fork causes a split in the transaction chain. This creates a development structure and an opportunity to...
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4 days ago · The live price of Bitcoin is $ 63,482.13 per (BTC / USD) with a current market cap of $ 1,250.27B USD. 24-hour trading volume is $ 28.77B USD. BTC to USD price is updated in real-time. Bitcoin is -0.58% in the last 24 hours with a circulating supply of 19.69M.
Bitcoin (BTC) price has declined today. The price of Bitcoin (BTC) is BTC1.0000 today with a 24-hour trading volume of $24,330,222,247.10. This represents a -1.70% price decline in the last 24 hours and a 5.90% price increase in the past 7 days. With a circulating supply of 20 Million BTC, Bitcoin is valued at a market cap of BTC19,695,868.0000 .
