$BTC #CryptoLovePoems

Bitcoin price today is $96,762.07 with a 24-hour trading volume of $29.28B. BTC is +1.42% in the last 24 hours. It is currently -2.24% off its 7-day high of $98,975.51 and 3.60% off its 7-day low of $93,403.07. BTC has a circulating supply of 19.83M BTC and a max supply of 21.M BTC.

What is Bitcoin?

Bitcoin (BTC) is the world's first cryptocurrency built on distributed ledger technology (blockchain) with a Proof of Work (PoW) mechanism that is not backed by any central bank or government. It was founded by Satoshi Nakamoto, a pseudonym representing an individual or group of individuals, who published the white paper on October 31, 2008. It is currently the largest cryptocurrency in the world, having maintained market dominance for the past decade.

A brief history of Bitcoin

Nakamoto created the first Bitcoin on January 3, 2009. Bitcoin was initially mined among technology enthusiasts until the first Bitcoin trading markets appeared in July 2010, with prices ranging from $0.0008 to $0.08. At that time, Nakamoto transferred the Bitcoin network's key and control of the code repository to Gavin Andresen, who became the lead developer of the Bitcoin Foundation.

Since Nakamoto's first Bitcoin block, thousands of developers have made improvements to the Bitcoin code. And over the past decade, Bitcoin has gained popularity as a digital asset class, with more people, businesses, and even countries accepting its use or holding Bitcoin funds in their balances.