BTC, or Bitcoin, is a digital currency that operates on a decentralized, peer-to-peer network using blockchain technology. It's a transparent and secure ledger that records all transactions. Here are some key details about Bitcoin:
*Current Price:* The current price of Bitcoin in INR is ₹1,02,33,465, with a 0.92% increase in the last 24 hours. However, other sources report a decline of around -1.5% to -1.97% in the same period, with prices ranging from ₹9,873,182.85 to ₹9,873,650.69.
*Market Capitalization:* The total market capitalization of Bitcoin in INR is around ₹16,410,165,240,260,121.75.
*Key Features:*
- *Decentralized*: No central authority controls Bitcoin.
- *Limited Supply*: Only 21 million Bitcoins will ever exist, creating scarcity.
- *Borderless*: Bitcoin can be sent anywhere in the world without intermediaries.
*Conversion Rates:*
- 1 BTC = ₹9,864,694.94 INR (or ₹1,01,92,402 as per BuyUcoin)
- 100 BTC = ₹986,469,494.62 INR (or ₹1013170721.9 INR as per Currency.Wiki)
*Price Prediction:* Market analysts believe Bitcoin could reach $131,000, driven by multiple favorable factors ¹ ² ³.