Current Bitcoin Price
$108,992.47 (-0.88% in 24 hours)
What Is Bitcoin?
Bitcoin (BTC) is the world's first cryptocurrency, created by Satoshi Nakamoto in 2009. As the most valuable digital asset, it operates without intermediaries—relying solely on cryptographic technology and network consensus to verify transactions. This decentralized approach enhances security and transparency while eliminating traditional financial middlemen like banks.
Key Features:
- Decentralized: No central authority controls the network
- Transparent: All transactions are publicly recorded on the blockchain
- Limited Supply: Only 21 million BTC will ever exist
Bitcoin Market Performance
Bitcoin has consistently shaped the crypto market's trajectory, with most altcoins following its price movements. Despite high volatility, BTC has historically recovered from major dips to reach new highs.
Today's Stats:
- Price: $108,992.47
- Market Cap: $2.17T
- 24h Range: $108,570.23 - $110,538.51
👉 Track live BTC price movements
How Bitcoin Works
Bitcoin transactions are recorded on a public ledger called the Bitcoin blockchain:
- Transactions are grouped into blocks
- Miners validate blocks through complex computations
- Verified blocks are added to the chain (~10 minutes per block)
- Transactions become permanent and publicly visible
This process ensures the network's decentralized nature and transparency—key features valued by crypto users.
Where to Buy Bitcoin
You can purchase BTC through:
- Cryptocurrency exchanges (both centralized and decentralized)
- P2P marketplaces
- BTC ATMs
For beginners, platforms like Cryptomus offer simplified purchasing options via debit/credit cards or P2P trading.
👉 Start your crypto journey today
Storing Your Bitcoin
Secure your BTC in a cryptocurrency wallet:
- Hot wallets (connected to internet)
- Cold wallets (offline storage)
- Mobile/desktop wallets
The Cryptomus wallet provides robust security features including 2FA, PIN codes, and KYC compliance, available across web and mobile platforms.
Bitcoin's Economic Role
BTC serves multiple purposes in today's economy:
- Digital gold: Hedge against inflation
- Payment method: Especially for cross-border transactions
- Investment asset: Portfolio diversification
Its limited supply and decentralized nature make it attractive to both retail and institutional investors.
FAQ
What is Bitcoin's price history?
Bitcoin's all-time low was $0.0486**, while its peak reached **$111,990.33, demonstrating remarkable growth since inception.
Why is Bitcoin so volatile?
Price fluctuations occur because:
- No physical asset backing
- Supply/demand driven
- Sensitive to market sentiment and news events
What determines Bitcoin's value?
Key factors include:
- Circulating supply (only 21M BTC)
- Adoption rate
- Competing cryptocurrencies
- Regulatory developments
- Institutional investment
How does Bitcoin mining work?
Miners use powerful computers to:
- Solve complex mathematical problems
- Validate transactions
- Add new blocks to the blockchain
Rewards come from newly minted BTC and transaction fees.
What is the Bitcoin halving?
A scheduled event where:
- Mining rewards are cut in half
- Occurs every ~4 years (most recent: 2024)
- Reduces new BTC supply, historically causing price increases
Why Bitcoin Matters
Bitcoin's core appeal lies in its:
✅ Decentralization
✅ Transparency
✅ Fixed supply
✅ Global accessibility
As adoption grows, BTC continues to redefine our concept of money while offering financial sovereignty to users worldwide.