Bitcoin (BTC) is a decentralized digital currency introduced in 2009 by an anonymous entity known as Satoshi Nakamoto. Operating on a peer-to-peer network, it enables direct transactions without intermediaries like banks .
A key feature of Bitcoin is its fixed supply of 21 million coins, making it a scarce asset often likened to "digital gold" . Transactions are recorded on a public ledger called the blockchain, ensuring transparency and security. The network employs a proof-of-work consensus mechanism, where miners validate transactions and secure the network through computational efforts .
Bitcoin's value is determined by market demand and its potential as a hedge against inflation and economic instability. Despite its volatility, it has gained acceptance as both a store of value and a medium of exchange. As of May 9, 2025, Bitcoin's price stands at $102,893.(Forbes, OSL)
Stock market information for Bitcoin (BTC)
Bitcoin is a crypto in the CRYPTO market.
The price is 102893.0 USD currently with a change of 2362.00 USD (0.02%) from the previous close.
The intraday high is 103978.0 USD and the intraday low is 100487.0 USD.