Bitcoin Price Today: Bitcoin (BTC) is down -14.85% to $24,057.93 in the last 17 hours

Bitcoin Price Today: Bitcoin (BTC) is down -14.85% to $24,057.93 in the last 17 hours

As of 3:39 p.m., the price of Bitcoin is $24,035.19. This is a change of -12.30% in the last 24 hours. Due to recent price changes, the market capitalization of Bitcoin is now $458,248,040,980.36 USD. So far this year, the value of Bitcoin has gone down by 47.69%. The CoinDesk Digital Asset Classification Standard says that Bitcoin is a Currency (DACS).

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Bitcoin is the world’s first decentralised cryptocurrency. It is a type of digital asset that uses public-key cryptography to record, sign, and send transactions over the Bitcoin blockchain, all without the supervision of a central authority.

The Bitcoin network (with a capital “B”) was started by an anonymous computer programmer or group of programmers using the name “Satoshi Nakamoto” in January 2009. The network is a peer-to-peer electronic payment system that uses a digital currency called bitcoin (small “b”) to send money over the internet or store value like gold and silver.

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Each bitcoin is made up of 100 million satoshis, which are the smallest units of bitcoin. This means that each bitcoin can be divided up to eight places after the decimal point. This means that anyone can buy a small amount of bitcoin for as little as one U.S. dollar.

In February 2011, the price of Bitcoin (BTC) was the same as the price of the US dollar for the first time. The milestone brought in new investors, and over the next four months, the price of bitcoin kept going up, reaching a high of over $30.

By early 2013, the leading cryptocurrency had come back from a long period of falling prices and briefly climbed above $1,000. But because of the well-known Mt Gox hack, China’s first crypto ban, and other things, it took another four years for the BTC price to go back above $1,000. Once that level was passed, however, bitcoin’s price continued to rise sharply throughout 2017, until BTC reached its previous all-time high of $19,850, which had stood for a long time.