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 May 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 : 62718 USD
• Market Cap: 1244623265121 USD
• Trade volume (24 hrs): 44062449604 USD
• 24h High : 66602 USD
• 24h Low : 62195 USD

BTC exchange rates today

• 1 BTC = 87396887 KRW
• 1 BTC = 59004 EUR
• 1 BTC = 50382 GBP
• 1 BTC = 5894567 RUB
• 1 BTC = 2297869 THB
• 1 BTC = 85578 SGD
• 1 BTC = 454023 CNY
• 1 BTC = 9693536 JPY
• 1 BTC = 1016435932 IDR
• 1 BTC = 1585995835 VND
• 1 BTC = 1194642 ZAR

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Source : https://www.coingecko.com/en/coins/bitcoin

The data is taken from the Coingecko website at 16 April, 2024 - 10:23 UTC.