BTC Price Live Data
Bitcoin (BTC) is currently priced at BIT 1,000,001, with a 24-hour trading volume of BIT 236,454,032,591. Over the past week, Bitcoin has shown a downward trend, decreasing by -0.01% in the last 24 hours. In the past hour alone, BTC's price dropped by -0.01%.
Key Metrics:
- Circulating Supply: $19.89M
- Fully Diluted Market Cap: $2.1T
- CoinGecko Ranking: #1
👉 Track real-time BTC price movements
Understanding Bitcoin (BTC)
What is Bitcoin?
Bitcoin (BTC) is the world’s first decentralized cryptocurrency, launched in 2009 by the pseudonymous Satoshi Nakamoto. It operates on a peer-to-peer network, eliminating the need for centralized intermediaries like banks.
Why Bitcoin Matters
- Decentralization: Transactions are verified by a distributed network of miners.
- Scarcity: Capped supply of 21 million coins ensures long-term value.
- Global Adoption: The most widely recognized and traded cryptocurrency.
Market Performance
Bitcoin dominates the crypto market with a capitalization of BIT 19,899,642,286,644.00. Its Proof-of-Work (PoW) consensus mechanism ensures security and transparency for all transactions.
BTC to BITS Conversion
As of today, the exchange rate is:
1 BTC = BIT 1,000,001 BITS
Use our calculator below to estimate conversions instantly.
👉 Compare BTC exchange rates across platforms
FAQs About Bitcoin (BTC)
1. How is Bitcoin's price determined?
Bitcoin’s price is influenced by supply/demand, market sentiment, regulatory news, and adoption trends.
2. Where can I buy Bitcoin?
BTC is available on most crypto exchanges, including Binance, Coinbase, and OKX.
3. What makes Bitcoin secure?
Its PoW mechanism requires miners to solve complex mathematical problems, preventing fraud.
4. Can Bitcoin’s supply increase?
No. The maximum supply is fixed at 21 million BTC.
5. Why does Bitcoin’s price fluctuate?
Volatility stems from speculative trading, macroeconomic factors, and technological developments.
Final Thoughts
Bitcoin remains the cornerstone of the cryptocurrency ecosystem. Whether you’re trading or holding, understanding its market dynamics is key to navigating the crypto space.
For real-time charts and trading tools, explore trusted platforms like OKX.
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