Bitcoin
Bitcoin Price (BTC-USD)
Bitcoin Price Chart
- Current Price
- $68,319.91
- Price Change (24h)
- $81.70 (0.12%)
- 24h Low - 24h High
- $68,105.06 - $68,360.71
- 24h Volume
- $155.63M (2,278.00)
- Market Cap
- $1.36T
- Volume / Market Cap
- 0.00011
- Circulation Supply
- 19.97M
- 1-Year Price Return
- -27.79%
- 6-Month Price Return
- -12.72%
- 3-Month Price Return
- 9.42%
- 1-Month Price Return
- -15.78%
Bitcoin News
Needham, DA Davidson Lower Nvidia Stock (NVDA) Price Targets but Stay Bullish Despite CEO Transition Concerns
Nvidia ($NVDA) stock continued to decline on Friday amid investor concerns about the leadership transition after Jensen Huang stepped down as the semiconductor company’s CEO. Huang admitted that he had an affair
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What is Bitcoin?
Bitcoin
BTC is the first successful decentralized cryptocurrency and the native token of the Bitcoin network. The term “Bitcoin” was first used in a 2008 whitepaper published by an anonymous person or group using the pseudonym Satoshi Nakamoto. A couple of months later, in 2009, Satoshi Nakamoto “mined” the first block on the Bitcoin network, thus launching the world’s first cryptocurrency BTC. Unlike traditional services (Venmo, PayPal, etc.), the Bitcoin network works without a centralized authority. It facilitates peer-to-peer transactions between users directly, without an intermediary. All Bitcoin transactions are recorded in publicly accessible distributed ledgers, which increases transparency. Additionally, the Bitcoin network is permissionless, pseudo-anonymous, and censorship-resistant. BTC has a fixed supply of 21 million tokens, of which 90% are currently circulating. All BTC tokens are generated by network participants 'mining' complex mathematical problems based on the decentralized Proof-of-Work (PoW) consensus mechanism. As long as they have the computational power to solve the algorithms, anyone can join the Bitcoin network as a node and collect mining rewards and network fees in BTC. BTC reached its all-time high of $68,978.64 on November 10, 2021, while its market capitalization crossed $1 trillion during the same time.
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 6 | 1 | 15 |
| Technical Analysis | 6 | 1 | 3 |
| Moving Averages | 0 | 0 | 12 |
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