Bitcoin Overview
Current Price: $109,212.60
24h Change: +0.40%
Bitcoin (BTC), the pioneering cryptocurrency created by Satoshi Nakamoto in 2009, remains the most valuable digital asset globally. Operating without intermediaries, it relies on cryptographic technology and decentralized consensus to validate transactions—enhancing security, transparency, and financial autonomy.
Key Metrics
- 24h Trading Range: $108,614.36 - $110,543.22
- Market Cap: $2.17 Trillion
- Volatility: High (characteristic of crypto markets)
Why Bitcoin Matters
Bitcoin sets the trajectory for the entire crypto market. Its price movements heavily influence altcoins, making it a benchmark for investors. Despite volatility, BTC has consistently rebounded from downturns to achieve new highs, solidifying its reputation as "digital gold."
👉 Discover how Bitcoin compares to traditional assets
How Bitcoin Works
Blockchain Basics
- Public Ledger: Transactions are recorded on the Bitcoin blockchain in immutable blocks.
- Mining Process: Miners validate transactions via Proof-of-Work (PoW), adding blocks every ~10 minutes.
- Decentralization: No central authority controls the network, ensuring transparency.
Supply Mechanics
- Fixed Supply: Capped at 21 million BTC.
- Halving Events: Reward for miners halves every ~4 years (last in 2024; next ~2028), reducing new supply and historically boosting prices.
Buying & Storing Bitcoin
Where to Buy
- Exchanges: Centralized (e.g., Cryptomus) or decentralized platforms.
- P2P: Direct purchases from sellers.
Storage Solutions
- Cryptomus Wallet: Secure storage with 2FA, KYC, and multi-platform access (web/iOS/Android).
- Self-Custody: Hardware wallets for advanced users.
👉 Explore top-rated crypto wallets
Bitcoin's Utility
- Inflation Hedge: Acts like digital gold during economic uncertainty.
- Global Payments: Enables fast, low-cost cross-border transactions.
- Institutional Adoption: Attracts investors diversifying portfolios.
FAQ: Bitcoin Demystified
Why is Bitcoin volatile?
Price swings stem from supply-demand dynamics, speculative trading, and market sentiment—unlike assets tied to physical commodities.
What drives Bitcoin’s value?
Key factors:
- Scarcity (fixed supply).
- Adoption by businesses/institutions.
- Technological upgrades (e.g., Lightning Network).
How does mining work?
Miners solve complex puzzles (PoW) to validate transactions, earning BTC rewards. Energy-intensive but critical for security.
What’s a Bitcoin halving?
A pre-programmed 50% reduction in mining rewards to curb inflation, occurring every 210,000 blocks (~4 years).
Trending Cryptocurrencies (24h %)
| Coin | Change |
|------------|---------|
| Ethereum | +1.2% |
| Solana | -0.8% |
| Cardano | +3.5% |
Maximize Your Crypto Journey with Cryptomus
- Stake TRX: Earn 20% APY.
- AML Checks: Secure transactions with compliance tools.
- Mobile App: Manage assets on-the-go via Google Play.
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Note: Prices and metrics are dynamic; check live data for accuracy.
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