Bitcoin core github6/7/2023 The design of the Bitcoin protocol prevents double spending and the arbitrary creation of new coins.īitcoin transactions are recorded in a fully transparent public ledger called the blockchain. Fully permissionless, anyone can participate in the network and send transactionsīitcoin is a peer-to-peer system that allows users to transfer value between each other without requiring a trusted third party to act as an intermediary.Only 21 million BTC coins will ever be created.Fully transparent history of transactions and predictable supply timeline.Extremely high security due to proof-of-work and blockchain design.The first decentralized digital currency.Here’s a quick summary of some of Bitcoin’s most important features: With Bitcoin’s rise in value and adoption, the technology that makes Bitcoin possible was started being leveraged for a number of use cases, leading to the emergence of crypto assets as an asset class-practically every cryptocurrency on the market today employs some of the concepts introduced by Bitcoin. Bitcoin was invented by someone using the pseudonym “ Satoshi Nakamoto”, but it is still unclear whether this name represents one person or a group of people.īitcoin started off as a niche interest for cryptography and technology enthusiasts and eventually exploded in popularity, with the BTC price growing to thousands of dollars. Invented in 2008 and launched in early 2009, Bitcoin introduced the world to the concept of cryptocurrency. Usually, Bitcoin performs best in Q2 with an average of 188.20% gain and worst in Q3 with 8.80% gain. The average yearly growth of Bitcoin over the last 14 years is 742.89% per year. The worst performing year for Bitcoin was 2018 when the price dropped by -73.32% from $ 14,046 to $ 3,747.29. The top-performing year for Bitcoin was 2013 when the price of BTC increased by 5,574.72% from $ 13.30 to $ 754.97. In terms of market cap, Bitcoin is currently ranked #1 in the Proof-of-Work Coins sector and ranked #1 in the Layer 1 sector. The current yearly supply inflation rate is 1.71% meaning 326,183 BTC were created in the last year. The Bitcoin price prediction sentiment is currently neutral, while Fear & Greed Index is showing 64 (Greed).īitcoin's current circulating supply is 19.36M BTC out of max supply of 21.00M BTC. The highest BTC price since the last cycle low was $ 30,956 (cycle high). The lowest price since it's ATH was $ 15,599 (cycle low). The BTC price increased 0.15% in the last 24 hours.īitcoin reached its highest price on when it was trading at its all-time high of $ 68,770, while Bitcoin's lowest price was recorded on when it was trading at its all-time low of $ 0.050000. Bitcoin price today is $ 28,318 with a 24-hour trading volume of $ 34.00B, market cap of $ 548.12B, and market dominance of 46.94%.
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