Here's the latest news and updates on Bitcoin:
Current Price and Market Trends
- *Current Price*: Bitcoin's current price is $103,132 with a 0.47% decrease in the last 24 hours.
- *Market Cap*: The market capitalization stands at $2.08 trillion.
- *24-hour High and Low*: The 24-hour high is $104,356.95, while the 24-hour low is $102,602.05 ¹.
Recent Developments
- *Bitcoin Depot Inc.*: Bitcoin Depot Inc. is a company that provides Bitcoin ATM services, allowing users to buy and sell cryptocurrencies.
- *iShares Bitcoin Trust ETF*: The iShares Bitcoin Trust ETF is an exchange-traded fund that tracks the price of Bitcoin, providing investors with exposure to the cryptocurrency ¹ ² ³.
Bitcoin Basics
- *Decentralized Nature*: Bitcoin is a decentralized cryptocurrency that operates on a peer-to-peer network, allowing users to send and receive payments without intermediaries.
- *Limited Supply*: The total supply of Bitcoin is capped at 21 million, making it a scarce asset.
- *Mining Process*: New Bitcoins are created through a process called mining, where powerful computers solve complex mathematical problems to validate transactions and add them to the blockchain ⁴.