Bitcoin (BTC) Cryptocurrency — Exchange Rate, History, Features and How Bitcoin Works

Bitcoin BTC

Cryptocurrency · Layer 1 · Proof of Work (PoW) · launched in 2009

№1of 40 004

$78 420
Price −0.9%
$1.62 trillion
Capitalization
$20.46 billion
Volume over 24 hours
60.08%
Dominance
VolumePrice, $

Order book data is delayed and for informational purposes only.

About the coin

Circulating supply
20.1 million BTC
Total supply
20.1 million BTC
Maximum supply
21 million BTC
Fully diluted capitalization
$1.7 trillion
24h high
$79 760
24h low
$77 770

Bitcoin (BTC) is the world's first decentralized cryptocurrency, launched in 2009 by an anonymous developer under the pseudonym Satoshi Nakamoto. It operates on blockchain technology, completely eliminating the involvement of banks, governments, or other intermediaries. The network functions as a distributed peer-to-peer payment system, where each transaction is verified and recorded by miners using the Proof-of-Work (PoW) consensus algorithm.

Bitcoin's key feature is a strictly limited supply of 21 million coins. This property protects the asset from inflation and makes it a popular store of value, which is why BTC is often called "digital gold." High liquidity, reliable architecture, and global recognition by institutional investors make Bitcoin the leading force and benchmark for the entire cryptocurrency market.

Additional information

Project website  Whitepaper  Block explorer 

Coins issued 20.1 million of 21 million BTC
95.72% of the maximum supply 896 891 BTC left to mine

FAQ

  • Bitcoin is the first and most famous digital currency in the world that operates on a decentralized peer-to-peer network. It has no single control center, banks, or state regulators. All transfers occur directly between users, and the security and transparency of the system are ensured by blockchain technology.

  • Bitcoin was created in 2008 by a person or group of people under the pseudonym Satoshi Nakamoto. In January 2009, they launched the network and mined the first block (genesis block). The true identity of Satoshi Nakamoto remains unknown to this day, and the creator completely withdrew from project development in 2010.

  • Bitcoin emission is strictly limited by program code and equals exactly 21 million coins. To date, most of them have already been mined. New coins are created through mining, but their issuance gradually slows down due to the halving mechanism, so the last bitcoin will be mined around 2140.

  • Halving is a programmed reduction by half of the reward that miners receive for mining a new block in the network. This event occurs approximately once every four years (every 210,000 blocks). Halving reduces the rate of new coins entering the market, restrains inflation, and historically contributes to BTC price growth.

  • Bitcoin is called digital gold due to its limited and finite supply (21 million coins), impossibility of counterfeiting or censorship by authorities, and high durability. Like physical gold, BTC requires significant resources to mine and is often used by investors to preserve capital against inflation.

This section is for reference only and shows global market data. MONIQ is not a crypto asset service provider, does not carry out operations with crypto assets and does not give individual investment advice.