#CryptoSecurity101 Bitcoin (BTC) is a decentralized cryptocurrency that was first introduced in 2009 by an unknown person or group of people using the pseudonym Satoshi Nakamoto. It's the first-ever cryptocurrency to come into actual use and has paved the way for many existing altcoins in the market.
*Current Bitcoin Price:*
$103,502.42 - $104,438.07 per BTC (prices may vary slightly depending on the source)
*Key Bitcoin Statistics:*
- *Market Cap:* $2.05 trillion - $2.075 trillion
- *24-hour Trading Volume:* $57.19 billion - $58.37 billion
- *Circulating Supply:* 19.87 million BTC
- *Max Supply:* 21 million BTC
*What Can You Do With Bitcoin?*
- *Spot Trading:* Buy and sell cryptocurrencies on the spot market
- *Earning:* Deposit crypto holdings and earn interest
- *Payments:* Use crypto for purchases and send globally
- *Storage:* Use a self-custody wallet to swap tokens and grow your portfolio
Bitcoin's price has been highly volatile due to factors like market sentiment, regulatory developments, and global events. Its decentralized nature and limited supply have contributed to its popularity as a digital currency.¹ ²