Bitcoin is a decentralised digital currency created in 2009 by the pseudonymous Satoshi Nakamoto.
It runs on a blockchain (shared open ledger) using proof-of-work for security.
Key characteristics:
Maximum supply capped at 21 million coins.
It can be used as a store of value, for peer-to-peer transfers, or speculative investment.
Some things to keep in mind:
High volatility: price swings can be large and rapid.
Regulatory, macroeconomic and technical factors affect it a lot.
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What is the rate today?
Here are recent indicated values (note: crypto markets move quickly, so check real-time platforms for exact price):
According to CoinMarketCap: ~$85,833 USD per BTC.
According to Kraken: ~$99,221 USD per BTC.
According to Yahoo Finance: ~$102,343 USD per BTC.
Because of these differences, the actual live price is likely somewhere in that ~US$85K-US$102K range (depending on exchange and time). #BTCVolatility $BTC