rows · Bitcoin (BTC) is the one that started it all. Created by Satoshi Nakamoto in , it’s the . Market capitalization (often shortened to market cap) is the approximate total value of a cryptocurrency, typically shown in US dollars. The market cap of a cryptocurrency is calculated by multiplying the number of coins or tokens in existence by its current price. 1 day ago · While Bitcoin (BTC) takes a dive below $23, levels, it still continues to extend its dominance in the market. At press time, BTC is trading at $22, with a market cap of $ billion and a massive 69% market dominance. The reason behind the rising BTC dominance is an even deeper correction in the altcoin space.
Bitcoin btc marketBitcoin Price, Live BTC Price Chart & Market Cap | CoinCodex
He writes :. Interestingly, XRPs latest price correction seems very much similar to the one before the crypto started its mega rally in December However, the thing with XRP this time is that it has locked horns with the topmost regulator in the U. The uncertainty over XRPs status is one of the key reasons behind the fading investor interest in the cryptocurrency.
Clayton against the blockchain startup. The recent market correction has pushed all the top-ten altcoins in the negative zone, except Litecoin LTC. The LTC price is down 6. On the weekly charts, the LTC price is up On the other hand, the Grayscale portfolio continues to grow in size. All Rights Reserved. Search for:. Price Analysis. ICO Review. Submit ICO Review. Editor's Pick. Share on Twitter. Share on Linkedin. Share on Telegram. The design of the Bitcoin protocol prevents double spending and the arbitrary creation of new coins.
Bitcoin transactions are recorded in a fully transparent public ledger called the blockchain. In order to ensure the security of the network, Bitcoin uses a proof-of-work algorithm. Miners deploy their computers to solve resource-intensive mathematical problems — the miner that reaches the correct solution first has the privilege of adding the next block to the Bitcoin blockchain and receives a reward in the form of BTC for their trouble.
However, the reward received by miners is cut in half approximately every 4 years in what are known as Bitcoin halvings. The maximum supply of Bitcoin is capped at 21 million coins. The last Bitcoin will be mined around the year , according to estimates. Each BTC can be subdivided in million units called satoshis.
This means that you don't have to buy a whole BTC in order to invest in Bitcoin. One satoshi is the smallest denomination of Bitcoin that can exist. The Bitcoin network is permissionless, which means that anyone can become a miner and participate in its consensus process.
Bitcoin started off as a niche interest for cryptography and technology enthusiasts and eventually exploded in popularity, with the BTC price growing to thousands of dollars. On CoinCodex, you can stay up to date with the latest information regarding the Bitcoin price, market cap and news. Date Range. November December Add to Portfolio. BTC Exchanges. About Bitcoin. Description Invented in and launched in early , Bitcoin introduced the world to the concept of cryptocurrency. Key Bitcoin features: The first decentralized digital currency Extremely high security due to proof-of-work and blockchain design Fully transparent history of transactions and predictable supply timeline Bitcoin transactions are recorded in a fully transparent public ledger called the blockchain.