aboutbtc

#BTCMarket 🪙 ⁉️Current Price & Movement: Bitcoin (BTC) is trading around 84,164 USDT. Over the past 24 hours, the price ranged from a low of 81,871.37 USDT to a high of 84,621.16 USDT.
#AboutBTC 🛡️ ❓Volatility: The price showed moderate volatility, with fluctuations of about 2,750 USDT between the highest and lowest points during the day.
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What is Bitcoin ?
Bitcoin is a decentralized digital currency, created in 2009 by an unknown person or group using the pseudonym Satoshi Nakamoto. It operates on a peer-to-peer network, enabling secure and transparent transactions without the need for intermediaries like banks. Bitcoin transactions are recorded on a public ledger called the blockchain.

Uses of Bitcoin include:

1. Store of Value: Some view Bitcoin as a digital gold, a store of value that can be held for the long term.

2. Medium of Exchange: Bitcoin can be used for various transactions, both online and in some physical stores, as a medium of exchange.

3. Investment: Many individuals and institutional investors buy and hold Bitcoin as an investment, hoping its value will increase over time.

4. Remittances: Bitcoin enables faster and potentially cheaper cross-border money transfers compared to traditional methods.

5. Privacy: Bitcoin transactions can offer a certain level of privacy, as users are identified by alphanumeric addresses rather than personal information.

6. Decentralization: Bitcoin operates on a decentralized network, reducing the control of any single entity and making it resistant to censorship.

It's important to note that while Bitcoin has various uses, its value can be volatile, and it carries risks like any investment.
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