Bitcoin (BTC) is a decentralized digital currency created in 2008 by an anonymous person or group using the pseudonym Satoshi Nakamoto. It operates without a central bank or government, relying instead on a peer-to-peer computer network and a public ledger called a blockchain.
Key Features of Bitcoin
• Capped Supply: The total number of bitcoins that will ever exist is strictly limited to 21 million units.
• Divisibility: Each bitcoin can be broken down into smaller units called satoshis.
• Proof-of-Work (PoW): Transactions are verified and secured by miners using SHA-256 cryptographic hashing to add new blocks to the chain.
• Halving Events: The reward miners receive for creating new blocks cuts in half roughly every four years, controlling the issuance rate.
Current Market Overview (As of November 2026)
• Price: Bitcoin trades at approximately $76,995 USD (roughly ₹73,14,128 INR).
• Market Context: Bitcoin continues to navigate institutional adoption, spot ETFs, and macroeconomic shifts alongside traditional markets.
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