Many consider bitcoin to be the ultimate store of value‚ often referred to as Digital Gold․ Bitcoin operates on a proof-of-work blockchain‚ a shared public ledger of transactions organized into blocks chained together for security․
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Bitcoin Supply and Mining
Users can generate BTC through mining․ Bitcoin has a circulating supply of 19‚934‚406․
Bitcoin Price
The last known price of Bitcoin is approximately $110‚623 USD․ There are 12422 active markets trading bitcoin․
Additional Information
- Trading Volume: 24․74B
- Circulating Supply: 19․93M
- Total Supply: 21․00M
For the most up-to-date price and market information‚ refer to live price charts and cryptocurrency trackers․
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Factors Influencing Bitcoin Price
Several factors contribute to Bitcoin’s fluctuating value․ These include:
- Market Sentiment: Public perception and news events can significantly impact buying and selling pressure․
- Regulatory Landscape: Government regulations and policies regarding cryptocurrencies can create uncertainty or boost confidence․
- Technological Advancements: Developments in blockchain technology and the broader cryptocurrency ecosystem can influence Bitcoin’s appeal․
- Economic Conditions: Macroeconomic factors‚ such as inflation and interest rates‚ can affect investor appetite for alternative assets like Bitcoin․
- Adoption Rate: As more individuals and businesses adopt Bitcoin for transactions and investment‚ its value may increase․
Where to Buy Bitcoin
Bitcoin can be purchased on various cryptocurrency exchanges and platforms․ Some popular options include:
- Coinbase
- Binance
- Kraken
- Gemini
It’s crucial to research and choose a reputable exchange that aligns with your needs and security preferences․
Investing in Bitcoin and other cryptocurrencies involves significant risks․ Price volatility can lead to substantial losses․ It’s essential to conduct thorough research and consult with a financial advisor before making any investment decisions․ This information is for general knowledge and informational purposes only‚ and does not constitute investment advice․
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