BTC Price Live Data
Bitcoin's current price is $48,824.00**, with a 24-hour trading volume of **$11.57 billion. Over the past day, BTC has increased by +2.02%, though it saw a slight hourly dip of -0.07%.
Key Metrics:
- Circulating Supply: 19,887,325 BTC
- Total Supply: 19,887,350 BTC
- Market Cap: $971.60 billion
- Fully Diluted Market Cap: $2.17 trillion
- CoinGecko Rank: #1
Bitcoin (BTC) to XRP Conversion
As of today, the exchange rate for 1 BTC = 48,824 XRP. Use the following formula for conversions:
XRP Equivalent = BTC Amount × 48,824 Example:
- 1 BTC → 48,824 XRP
- 0.5 BTC → 24,412 XRP
What Is Bitcoin (BTC)?
Bitcoin, launched in 2009 by the anonymous creator Satoshi Nakamoto, is the pioneer of decentralized digital currency. It operates on a peer-to-peer network, eliminating the need for intermediaries like banks.
Why Bitcoin Matters:
- Decentralization: No central authority controls BTC.
- Security: Uses Proof-of-Work (PoW) to validate transactions.
- Global Influence: Most altcoins derive value from Bitcoin’s market movements.
FAQs
1. How does Bitcoin’s price fluctuate?
Bitcoin’s value shifts due to supply-demand dynamics, institutional adoption, and macroeconomic trends like inflation or regulatory news.
2. Where can I buy BTC?
Bitcoin is available on centralized exchanges (e.g., Binance, Coinbase) and decentralized platforms.
3. What determines Bitcoin’s circulating supply?
New BTC enters circulation through mining rewards, capped at 21 million coins total.
4. Why is BTC often paired with altcoins?
As the dominant cryptocurrency, Bitcoin serves as a benchmark for altcoin valuations.
Final Notes
Bitcoin remains the cornerstone of the crypto market. For real-time tracking, use tools like TabTrader or CoinGecko. Stay updated on trends to make informed investment decisions.
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