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Bitcoin

Bitcoin is a new electronic payment system that removes the need for third party financial institutions. It speeds up transactions while reducing costs and minimizing the potential for fraud. The name “cryptocurrency” points to how it uses “cryptographic proof” to work, AKA a blockchain.

Bitcoin’s concept was first introduced in 2008 when a person going by the pseudonym Satoshi Nakamoto shared a white paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System.” In January 2009, the Bitcoin blockchain was launched. 

A new electronic payment system called Bitcoin removes the need for third-party financial institutions. It speeds up transactions while reducing costs and fraud-risk. The name “cryptocurrency” points to how it uses “cryptographic proof” to work, AKA a blockchain.   

Bitcoin has a finite supply of 21 million, which is expected to be reached by the year 2140. Currently, 18.8 million are circulating in the market. Note that Bitcoin represents the concept of the network, while bitcoin (lower-case ‘b’) represents the currency.

Bitcoin is one of the most well-known cryptos as it was the first decentralized currency. 

Currently, BTC’s dominance is above 40%. Bitcoin Dominance is a measure of how much of the total market cap of crypto is made up of Bitcoin. Bitcoin’s influence in the crypto ecosystem could be vulnerable to competition as alternative coins grow in popularity and utility.

Bitcoin rose over _% in the past 24 hours, surpassing $100,000, driven by positive market sentiment after Donald Trump's election victory.

Bitcoin surpasses $100,000 milestone in continued crypto optimism following Trump's victory

Bitcoin has now surpassed $100,000 as Wall Street sinks its teeth into the top digital asset. The price of BTC has jumped to a high of $101,349 at time of publishing, up 5.5% in the last 24 hours.

Bitcoin Price Shatters $100,000 As Top Crypto Asset Explodes on Wall Street, Bursts Into Washington, D.C.

Bitcoin hit a record high above $100,000 on Thursday as the election of Republican Donald Trump as U.S. president fuels expectations that his administration will usher in a friendly regulatory environment for cryptocurrencies.

VIEW Bitcoin surges above $100,000

The early November election of crypto-friendly Donald Trump restarted what had been a stalled rally through much of 2024.

Bitcoin Hits Major Milestone of $100K, Nears $2 Trillion Market Value

The price of bitcoin soared past the long-awaited $100,000 benchmark for the first time ever Wednesday night.

Bitcoin tops $100,000 as monster 2024 rally reaches new heights

Bitcoin has hit $100,000, after a phenomenal rally spurred by crypto-friendly Donald Trump's win and institutional adoption of the asset.

Bitcoin Hits $100,000—15 Years After Satoshi Nakamoto Sparked a Revolution

Bitcoin rose above $100,000 for the first time on Thursday as the election of Republican Donald Trump as president of the United States spurred expectations that his administration will create a friendly regulatory environment for cryptocurrencies.

Bitcoin tops $100,000 on optimism over Trump crypto plans

This is a historic day that will be cemented in history.

Bitcoin Officially Hits $100,000 For The First Time Ever

Putin declared bitcoin unstoppable, calling cryptocurrency the future of global finance as nations move away from the declining U.S. dollar's dominance.

Putin Declares Bitcoin Unstoppable Amid Dollar's Waning Global Grip

Bitcoin, trading at $98,772, is riding a bullish wave, but traders should stay sharp as critical resistance looms near $100,000. The market's behavior hints at a mix of sideways moves and the potential for exciting breakouts. Bitcoin On the 1-hour chart, bitcoin recently climbed to a local peak of $99,250 before pulling back.

Bitcoin Technical Analysis: BTC Faces Towering $100K Sell Wall, Market Awaits Next Move

Federal Reserve Chair Jerome Powell said the U.S. economy remains strong and even commented on Bitcoin (CRYPTO: BTC) at the New York Times DealBook Summit on Wednesday. The Details: "The U.S. economy is in very good shape right now.

Fed Chair Powell Says Economy Remains Strong, Bitcoin Is 'Like Gold': Expert Weighs In

Ethereum

The recent rally in older tokens better resembles the price action of meme coins, benefiting from a broader market breakout, Decrypt was told.

Binance's BNB Token Hits All-Time High as Bitcoin and Ethereum Alts Swell

Bitcoin rallied after Fed Chair Jerome Powell called it "digital gold" on Wednesday, though it again fell short of the $100K milestone.

Fed Chair Jerome Powell Likens Bitcoin to Gold, Says It's Not Dollar Rival

Dogecoin

Bitcoin came within hundreds of dollars of the vaunted $100,000 milestone on Wednesday, with ETH, DOGE, and other assets rising alongside.

Ethereum and Dogecoin Prices Rise as Bitcoin Has Another Close Call With $100K

Cryptocurrency markets are trading higher on Wednesday, bolstered by Federal Reserve Chair Jerome Powell calling it “digital gold.” Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,718 +1.6% Ethereum (CRYPTO: ETH) $3,838 +6.0% Solana (CRYPTO: SOL) $230.86 -3.2% Dogecoin (CRYPTO: DOGE) $0.4222 +2.2% Shiba Inu (CRYPTO: SHIB) $0.00003057 +6.2% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 10% and daily active addresses down by 0.3%.

Bitcoin, Ethereum, Dogecoin Recover From Mid-Day Slump, Close Day Strong On Powell's 'Digital Gold' Remarks

Spot BTC prices were at times $300 pricier on Coinbase relative to Binance, suggesting the rally may be driven by heavy demand from American investors.

Bitcoin Jumps to $99K as Spiking Coinbase Premium Points to Strong U.S. Buying

Fed Chair Jerome Powell Is Correct: Bitcoin Is In Competition With Gold, Not The Dollar

Bitcoin (BTC) reached a new intraday high of $99,240 per coin today, marking a significant milestone in the cryptocurrency market. Paul Atkins' SEC Nomination Sends Bitcoin Soaring The bitcoin surge followed President-elect Donald Trump's announcement of Paul Atkins, a known cryptocurrency advocate, as the next chair of the Securities and Exchange Commission (SEC).

Trump's Pro-Crypto SEC Pick Sparks Bitcoin Rally to $99,240

Federal Reserve Chair Jerome Powell addressed the perception of Bitcoin (CRYPTO: BTC) at the DealBook Summit on Wednesday, asserting that the cryptocurrency is more akin to gold than the U.S. dollar. “People use Bitcoin as a speculative asset.

Fed Chair Powell: Bitcoin Is 'Like Gold, It's Just Virtual And Digital'

U.S. Federal Reserve Chair Jerome Powell drew comparisons to bitcoin and gold as the cryptocurrency's value closes in toward $100,000.

Fed Chair Powell says bitcoin is like digital gold

With just a month left in 2024, the year is winding down with a thrilling milestone: bitcoin has hit an all-time high of $98,800 per coin. This moment caps a year of growth, innovation, and intense focus in the crypto world.

Bitcoin.com Research: From $0.0007 to $98,800—Tracing Bitcoin's Ascent to All-Time Highs

Bitcoin has taken a notable step in its often contentious software upgrade process.

Bitcoin Developers Move to Gauge Consensus on Covenants Soft Forks

Bitcoin Cash (BCH) pioneer and early crypto adopter Roger Ver is asking courts to dismiss an indictment that charges him with evading $50 million in taxes.

‘Bitcoin Jesus' Roger Ver Moves To Dismiss Indictment for Allegedly Evading $50,000,000 in Taxes: Report

American Bitcoin mining firm Foundry confirmed that it let go of 16% of its staff, continuing a wave of layoffs across crypto companies.

Bitcoin Mining Firm Foundry Confirms Layoffs Despite Rising Miner Revenues

New York City Mayor Eric Adams was mocked for taking his early 2022 paychecks in Bitcoin—but now its price is skyrocketing.

News for Bitcoin Crypto (BTC)