Bitcoin price 16-5-2024
Bitcoin daily price report!
This post is about showing the daily report of Bitcoin (BTC), including BTC price chart and BTC price statistics on today market, the date is taken on coingecko.com at date June 16, 2024.
This report aims to provide you with a clear the current price of Bitcoin on the cryptos market.
What is bitcoin
Bitcoin was the first successful internet money to use peer-to-peer technology. There is no central bank or entity involved in the transaction and production of Bitcoin currency. It was created by an anonymous person/group under the name of Satoshi Nakamoto. The source code is publicly available as an open source project. Everyone can view and be part of the development process.
Bitcoin was the first successful online cryptocurrency and inspired many alternative currencies such as Peercoin, Litecoin, Primecoin and others.
Bitcoin is designed to generate only 21 million BTC, thus making it a deflationary currency. Bitcoin uses the SHA-256 hashing algorithm with an average transaction confirmation time of 10 minutes. Bitcoin only uses ASIC chips dedicated to Bitcoin mining and hash rates that reach the level hashmap.
Bitcion daily report
General information
- Today rank : 1
- Today price : 66198 USD
- Market Cap: 1304044779933 USD
- Trade volume (24 hrs): 34753131587 USD
- 24h High : 66568 USD
- 24h Low : 62251 USD
BTC exchange rates today
- 1 BTC = 88943606 KRW
- 1 BTC = 60890 EUR
- 1 BTC = 52244 GBP
- 1 BTC = 6018044 RUB
- 1 BTC = 2391056 THB
- 1 BTC = 89004 SGD
- 1 BTC = 477821 CNY
- 1 BTC = 10239218 JPY
- 1 BTC = 1052539914 IDR
- 1 BTC = 1684225827 VND
- 1 BTC = 1205927 ZAR
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Source : https://www.coingecko.com/en/coins/bitcoin
The data is taken from the Coingecko website at 16 May, 2024 - 10:23 UTC.