

Rank: # 1
Market Cap: $ 2,417,116,572,725
Volume (24hrs): $ 72,356,923,806
Circulating Supply: 19,932,262 BTC
Price in BTC: Ƀ 1.00000000
Change (1 Hr): 0.10%
Change (7 Days): 1.13%
Change (30 Days): 8.42%
All Time High: $ 126,080.00
All Time High Date: October 6, 2025
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- Bitcoin Mayer Multiple: BTC price can hit $180K before being ‘overbought’Cointelegraph.com News - 1 hour agoBitcoin remained closer to “oversold” during its latest all-time highs, according to the Mayer Multiple, which suggested a potential price target of $180,000. Key points:Bitcoin’s…
- Bitcoiners can up their price targets with new $110K bottom: AnalystCointelegraph.com News - 2 hours agoBitcoin analyst James Check stated that there is no reason for Bitcoin to retreat to $95,000, adding that if it does, the rally is likely…
- Privacy group urges Ireland to drop work on encryption ‘backdoor law’Cointelegraph.com News - 2 hours agoThe Irish Communications Interception and Lawful Access Bill is still in development, with drafting yet to occur, but the Global Encryption Coalition wants it scrapped…
- ‘Debasement trade’ is no longer a debate, and TradFi knows it: ExecsCointelegraph.com News - 3 hours agoFinancial institutions are quickly embracing the debasement trade as the US dollar weakens, which will drive massive gains in Bitcoin and gold, say commentators. Financial…
- AI Polkadot parachain Phala votes to fully switch to Ethereum L2Cointelegraph.com News - 3 hours agoAI-focused Polkadot project Phala is set to fully migrate to its Ethereum L2, betting on its ecosystem for confidential AI and GPU compute growth. Polkadot…
What is Bitcoin?
Bitcoin is the first decentralized cryptocoin ever built on top of a blockchain. It was created by an anonymous person or group of people with the nickname Satoshi Nakamoto in 2009 as an open source project.
To understand the Bitcoin blockchain we can imagine a book, where each page number contains a signature that can validate the content of that page and its previous one. This signature is computed by an algorithm known as SHA-256 and cannot be reversed. In other words we can calculate the A-256 signature from some content, but we can’t get content if we know its SHA-256 signature. Back to the example with the book: if we tear out a page from the book, we can easily understand that a page is missing. The same is with adding an inexistent page. All the pages are copied between members of the chain, and this is why the Bitcoin Blockchain is considered a distributed network.
Bitcoin is an open source project maintained by a developer team with over 580 active contributors. The code of the chain is available on Github. The main purpose of Bitcoin was decentralized but trusted, low fee money transactions between people and businesses around the world. Nowadays over 100.000 vendors accept Bitcoin for payments. And there are between 2.9 and 5.8 million unique users who actively use Bitcoin cryptocurrency wallets. The price of Bitcoin can be very volatile due to speculation and has changed in the past more than +/-20% during a single.
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