$BTC Bitcoin (BTC) is the original cryptocurrency that sparked the entire digital asset revolution. Here's a quick snapshot of its current status and key details:
๐ Current Market Overview
- Price: ~$112500 USD per BTC
- Market Cap: Over $2.17 trillion USD, making it the largest crypto by market value
- Circulating Supply: ~19.89 million BTC out of a maximum 21 million
- 24h Trading Volume: ~$44.6 billion USD
๐ง What Makes Bitcoin Unique
- Decentralized: No central authorityโtransactions are verified by a global network of miners.
- Scarcity: Only 21 million BTC will ever exist, making it a deflationary asset.
- Security: Uses blockchain and cryptographic proof to ensure trustless transactions.
- Transparency: Every transaction is recorded on a public ledger.
๐ Recent Highlights
- Bitcoin hit an all-time high of $111,970 in May 2025
- The latest halving occurred in April 2024, reducing mining rewards to 3.125 BTC per block
- Analysts are watching for the next halving in 2028, which could impact price and mining dynamics
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