BTC is a decentralized digital currency introduced in 2008 by an individual or a group known as Satoshi Nakamoto.
It was launched in January 2009 and operates on a P2P network, allowing direct transactions between participants without the need for intermediaries.
Nakamoto’s intention was to create a system for sending payments online directly between parties without depending on financial institutions.
Although there were earlier ideas of decentralized cryptocurrency, Bitcoin was the first to be implemented and used.
Today, the current Bitcoin price is $29,340.59 and its 24-hour trading volume is $6,239,156,382. We provide ongoing BTC-USD exchange rate updates. In the past 24 hours, the Bitcoin value has dropped by 0.31%. It maintains the top spot on CoinMarketCap, with a live market cap of $570,851,745,242. The circulating supply consists of 19,456,043 Bitcoins, about to reach the max supply of 21,000,000 BTC.
