Bitcoin BTC
$109,057.29 (-0.85% in 24h)
Overview
Bitcoin (BTC) is the world's first cryptocurrency, created by Satoshi Nakamoto in 2009. It has since become the most valuable digital asset, revolutionizing financial markets with its decentralized nature. Bitcoin operates without intermediaries, relying on cryptographic technology and network consensus to validate transactions—enhancing security and transparency.
As the flagship cryptocurrency, Bitcoin defines the trajectory of the entire crypto market. Most altcoins’ price movements heavily depend on BTC’s performance. Despite its volatility, Bitcoin has consistently rebounded after major downturns, reaching new all-time highs. Currently, BTC trades at $109,057.29**, with a market cap of **$2.17T. The 24-hour trading range is $108,570.42–$110,538.71.
Key Features of Bitcoin
- Decentralization: No central authority controls Bitcoin.
- Limited Supply: Capped at 21 million coins.
- Global Accessibility: Borderless transactions with minimal fees.
How Bitcoin Works
Bitcoin runs on a public ledger called the Bitcoin blockchain—a chain of validated blocks containing transaction data. Miners verify transactions and add them to the blockchain (~10 minutes per block). This process ensures:
- Transparency: All transactions are publicly visible.
- Immutability: Once recorded, transactions cannot be altered.
FAQ
What is Bitcoin’s price history?
Bitcoin’s all-time low was $0.0486**, and its ATH peaked at **$111,990.33, showcasing exponential growth since inception.
Where can I buy Bitcoin?
You can purchase BTC on centralized/decentralized exchanges like OKX. Options include:
- Debit/Credit Cards
- P2P Trading
How do I store Bitcoin safely?
Use a BTC wallet like hardware, software, or custodial wallets (e.g., OKX Wallet). Enable security measures (2FA, KYC) for protection.
Why is Bitcoin volatile?
- Supply-Demand Dynamics: No physical backing; price hinges on market sentiment.
- Speculation: News/regulations heavily impact prices.
What drives Bitcoin’s value?
- Adoption: Payments/institutional investment.
- Scarcity: Halving events reduce supply.
- Utility: Cross-border transactions, inflation hedge.
What is Bitcoin halving?
A pre-programmed event cutting miners’ rewards by 50% every ~4 years (last: 2024; next: 2028). Historically, halvings trigger bull runs due to reduced supply.
Top Cryptocurrencies (24h %)
| Coin | Price Change |
|------------|--------------|
| Bitcoin | -0.85% |
| Ethereum | +2.3% |
| Solana | +5.1% |
Why Choose Bitcoin?
- Digital Gold: Hedge against inflation.
- Fast Transactions: Especially via Lightning Network.
- Institutional Adoption: ETFs, corporate treasuries.
👉 Trade Bitcoin effortlessly on OKX
Final Thoughts
Bitcoin remains the cornerstone of crypto, blending innovation with financial sovereignty. Whether you’re trading or HODLing, understanding BTC’s mechanics ensures informed decisions in this dynamic market.
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