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Bitcoin (BTC) Rating, Information, Current Price

Bitcoin
Cryptocurrency Bitcoin
Symbol BTC
Reliability Rating Reliability Rating for Bitcoin: 5 stars

Bitcoin (BTC) Detailed Information

The first cryptocurrency in the world, created by the Japanese programmer Satoshi Nakamoto in 2009, is at the top of the rating. Today it is the most popular virtual currency on the market and although its legal status may vary in different countries, bitcoin transactions are allowed in Japan, Canada, the USA, Singapore, some countries of Europe, Australia, etc. 

Transparency of the system, the inability to counterfeit the cryptocurrency and its complete decentralization have become undoubted advantages of the virtual currency, which allowed it to rapidly increase the number of users.

It’s the first and currently most popular decentralized digital currency, which was created in 2009. The technology behind it is blockchain, a public ledger payment technology which takes intermediaries (such as banks and other service providers) out of the financial equation. Bitcoin’s emission is not controlled by anybody, the currency issue occurs through “mining” – the work of powerful computer processors around the globe using a program for calculating mathematical algorithms. This decentralization, i.e. absence of controlling institution, makes bitcoin independent from state regulators, banking and finance institutions and that is both an advantage and a drawback for the coin.

As most financial regulators are still forming their position on this and other cryptocurrencies this year’s price rally has resulted in Wall Street gurus calling bitcoin a “fraud” and “bubble”. However, investors’ interest in bitcoin is seemingly unstoppable as more and more brokers and hedge funds are offering investment opportunities for crypto fans.

If you want to add bitcoin in your investment portfolio, there are plenty of options for you: mining, trading bitcoin on one of cryptocurrency exchanges, accepting payment for your services in bitcoin, trading cryptocurrency using CFDs and event getting paid in bitcoin.

Today the reputation of bitcoin has become so strong that it is now accepted by large retailers, including Amazon, Subway and even Victoria's Secret. The popularity of generating or "mining" of bitcoins is growing - users compete for a chance at verifying the next block of payments. The system is arranged so that participants run the algorithm on their computers, which must find the correct code - "hash". Miners who find the code receive a small amount of bitcoins as a reward. This process requires great processing power and energy costs, so if you still want to invest in bitcoins, you can buy this currency on one of the crypto-exchange exchanges.

Bitcoin (BTC/USD) Current Price for Today

* Forex Rating accepts no liability for any errors in the Bitcoin Price or BTC Information. For the most recent information please visit the Bitcoin official site.

The Best Cryptos 2024 Cryptocurrency Rating
Top Crypto Forex Brokers
Forex Broker Cryptos
1 HFM Information & Reviews HFM BTC, ETH
2 Octa Information & Reviews Octa BTC, ETH
3 FXCC Information & Reviews FXCC BTC, ETH
4 FxPro Information & Reviews FxPro BTC, ETH
5 Vantage Information & Reviews Vantage BTC, ETH
6 MultiBank Group Information & Reviews MultiBank Group BTC, ETH
7 Errante Information & Reviews Errante BTC, ETH
8 Moneta Markets Information & Reviews Moneta Markets BTC, ETH
9 Alpari Information & Reviews Alpari BTC, ETH
10 Efixxen Information & Reviews Efixxen BTC, ETH
11 Exness Information & Reviews Exness BTC, ETH
12 Just2Trade Information & Reviews Just2Trade BTC, ETH
13 FXTM Information & Reviews FXTM BTC, ETH
14 Dukascopy Information & Reviews Dukascopy BTC, ETH
15 easyMarkets Information & Reviews easyMarkets BTC, ETH
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Crypto Forecasts

Crypto goes up after a rest
Crypto goes up after a rest

Crypto market capitalisation rose by 2.9% in 24 hours to $2.63 trillion. Among the top coins, BNB is up an impressive 11%, and Solana is up 5%. Altcoins have steadily been gaining strength over the last few days of downtime.

6 Jun 2024

Bitcoin prepares for $100K hike
Bitcoin prepares for $100K hike

The crypto market is quiet, hovering around a total capitalisation of $2.6 trillion for the third day. Bitcoin has so far failed to gain a foothold above $70K, and this is curbing the enthusiasm. It is losing 0.3% in 24 hours against Ethereum's 0.6% rise.

24 May 2024

 Octa crypto snapshot: will investors continue to buy Bitcoin after the halving?
Octa crypto snapshot: will investors continue to buy Bitcoin after the halving?

On the night of 20 April, the Bitcoin network experienced its fourth halving. Having broad general economic implications, this process is important for the entire cryptocurrency world and not solely for Bitcoin holders.

2 May 2024

Crypto Market Retreats Due to Overhang of Sellers
Crypto Market Retreats Due to Overhang of Sellers

The crypto market has lost 3.3% in the last 24 hours to $2.3 trillion. The last time this level of capitalisation was on 19th April. Most worrying is the reversal of the trend from up to down last Wednesday.

29 Apr 2024

Pushing down crypto isn't easy
Pushing down crypto isn't easy

Buying on dips remains the dominant tactic in the crypto market. Capitalisation rose 1.8% in seven days to $1.65 trillion. Previously, the 'what doesn't rise, falls' formula was often applied to cryptocurrencies, however, recent attempts to sell off after a period of stabilisation have been met with increased buying.

5 Feb 2024

Crypto has retreated from the lows, but no rush for growth
Crypto has retreated from the lows, but no rush for growth

Crypto market capitalization at around $1.62 trillion is less than 1% higher than it was seven days ago, thanks to a growth spurt on Friday. Bitcoin has added 3% in the same period and continues to be the driving force behind crypto volatility.

29 Jan 2024

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