Ready to invest in Bitcoin? ChainMyne makes it simple and secure. Our user-friendly platform, competitive pricing, and commitment to your success provide the perfect entry point into the world of Bitcoin.
Bitcoin Price Today – Summary
Today’s Bitcoin price is $ 67,572.06, reflecting a -0.80% over the past 24 hours. This movement impacts its market capitalization, which currently stands at $ 2,526,696,577,307. The 24-hour trading volume of $ 39,675,940,383 suggests decreased market activity. Bitcoin’s supply is 19,674,068 BTC out of a total 21,000,000 BTC. For historical context, the all-time high for Bitcoin was $ 0.00000000000000 reached on April 5, 2024.
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Data source: https://coinmarketcap.com/
Are you planning to buy Bitcoin with your FIAT or other Cryptos? Use these BTC to FIAT and BTC to Crypto converters to determine how much Bitcoin you can buy:
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Understanding Bitcoin
What is Bitcoin?
Bitcoin (BTC) is the world’s first and most widely adopted decentralized digital currency. Created in 2009, it operates on a revolutionary technology called blockchain, eliminating the need for intermediaries like banks or governments.
How Does Bitcoin Work?
Bitcoin’s blockchain acts like a secure public ledger, recording all transactions in an unchangeable, transparent way. A network of specialized computers called ‘miners’ verifies transactions, solving complex puzzles to add blocks to the chain. This process, called Proof-of-Work (PoW), ensures the network’s security and integrity.
Bitcoin’s History:
Bitcoin was introduced in 2008 by an anonymous person or group known as Satoshi Nakamoto. Early adoption was largely among tech enthusiasts. Since then, it’s gained mainstream attention, with businesses, individuals, and even some institutions embracing its potential.
Why buy Bitcoin?
Investment Potential
Flip to discover!Investment Potential
Bitcoin is increasingly seen as a store of value, offering possible protection against inflation and a way to diversify your portfolio.
Global
Adoption
Flip to discover!Global Adoption
Businesses and individuals worldwide are steadily adopting Bitcoin, driving greater usability and acceptance.
Decentralization & Security
Flip to discover!Decentralization & Security
The blockchain’s decentralized nature means no single entity controls Bitcoin, reducing the risk of manipulation or censorship.
Fast & Low-Cost Transactions
Flip to discover!Fast & Low-Cost Transactions
Bitcoin enables near-instant and often cheaper cross-border payments compared to traditional financial systems.
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How to Store Bitcoin Securely
Hot Wallets (Software)
Convenient for frequent use, but more vulnerable online (examples: ChainMyne DeFi Wallet, Exodus, etc.).
Cold Wallets (Hardware)
Offer maximum security by storing Bitcoin offline (examples: Ledger, Trezor).