$BTC
Bitcoin's current price is $99,765.99, with a 2.87% increase. Here's a brief market snapshot¹:
- *Current Price*: $99,765.99
- *Market Cap*: $1.93 trillion
- *Open Price*: $96,982.28
- *High Price*: $99,888.00
- *Low Price*: $95,784.61
Bitcoin is a decentralized cryptocurrency that operates without central authority or single administrator. It's known for its²:
- *Fast Peer-to-Peer Transactions*: Enables worldwide payments with low processing fees
- *Decentralized Nature*: Operates without central oversight, allowing anyone to create a new bitcoin address and transact without approval
- *Blockchain Technology*: Records bitcoin transactions in a public distributed ledger, ensuring transparency and security
Some notable aspects of Bitcoin include:
- *Limited Supply*: 21 million bitcoins will ever exist
- *Mining Process*: Involves maintaining the blockchain through computer processing power, regulating the rate at which new bitcoins are issued
- *Pseudonymous Transactions*: Bitcoins can be linked to specific addresses, but users' identities remain anonymous unless revealed through other means