Bitcoin: A Comprehensive Overview

Bitcoin is a decentralized digital currency that was created in 2009 by an anonymous person or group of people using the pseudonym Satoshi Nakamoto. It operates on a technology called blockchain, which is a distributed ledger that records all Bitcoin transactions.

Bitcoin has gained significant attention and popularity over the years, becoming the most valuable and widely recognized cryptocurrency in the world. Its price has experienced both dramatic highs and lows, making it a subject of great interest to investors and traders.

Currently, the price of Bitcoin stands at $52,232.81, with a market capitalization of over $1 trillion. This makes it the dominant cryptocurrency, accounting for over 50% of the total market capitalization of all cryptocurrencies combined.

Bitcoin's price has exhibited strong growth over various timeframes. In the past 24 hours, it has decreased by 0.3%, while over the past 30 days, it has increased by 22.6%. Looking at a longer-term perspective, Bitcoin's price has risen by 112.99% over the past year.

Mihansignal.com is a platform that provides live data about Bitcoin and other cryptocurrencies. You can visit mihansignal.com/coins/bitcoin/ to access real-time information about Bitcoin's price, market capitalization, and other relevant data.

Bitcoin has a limited supply, with a maximum of 21 million coins that can ever be created. Currently, there are approximately 19.63 million Bitcoins in circulation. This scarcity has contributed to its value and appeal as a store of value and potential hedge against inflation.

Bitcoin's price volatility is a notable characteristic. It has experienced significant price swings, with the highest recorded price being $68,789.63 and the lowest being $19,628.25. These extreme price movements have provided opportunities for traders and investors to profit from Bitcoin's price fluctuations.

Despite its volatility, Bitcoin has demonstrated a strong long-term performance, delivering a return on investment (ROI) of over 84 million percent since its inception. This immense growth has made early Bitcoin adopters and investors wealthy.

In conclusion, Bitcoin is a revolutionary digital currency and a prominent asset in the world of cryptocurrencies. Its decentralized nature, limited supply, and potential for significant returns have captured the attention of individuals and institutions alike. To stay updated with the latest information and live data about Bitcoin, you can refer to mihansignal.com.