Bitcoin has recovered somewhat from the drop in value seen last Sunday, with the price of the cryptocurrency reaching $2,755 at the time.
Go mainpage for the most current live Bitcoin Price
The stabilization seems to be the result of Bitcoin miners reaching an agreement on the enactment of the Bitcoin Improvement Proposal. This agreement means the avoidance of a user-activated softfork (UASF), the possibility of which caused significant unease among investors.
That’s because a softfork could have led the cryptocurrency to split into two assets with separate trading platforms, making it difficult to gauge future performance. Additionally, the agreement allows Bitcoin to add features that will make transactions faster. Even though there are still risks with the update of Bitcoin’s code, the agreement seems to have calmed the trading market for now. If the updates go as planned, we will likely see increasing stability of the price of Bitcoin.
Bitcoin and other exchange rates are updated each second. Intraday rates start at 00.00 (UTC timezone) and finish at 23.59. The detailed prices are calculated in that interval.
Last Update of Bitcoin Rates (UTC): February 1, 2023 - 15:45
About Bitcoin
Is it Money?
Bitcoin is an electronical money unit that it never can be print or visually visible. It is a digital currency money that you can buy and sell in Bitcoin Market.
Bitcoin is a money unit but it is not printed, like the other moneys as
dollar, euro or pound. Bitcoin is used electronically and no one take the control of it. In short, bitcoin is a digital currency.
You can monitor realtime bitcoin prices at
live bitcoin price.
It is a payment system based on digital currency.
Bitcoin Mechanism:
Bitcoin works behind a new technology based on digital money. It works as a mobile app that you can send and receive data. Just like that, if you have a bitcoin wallet, you can send
BTC and receive BTC both. It is a digital wallet that you may pay with your
bitcoins when you get a service.
It works systematically with transactions as banks. Bitcoin network shares a public method (ledger: Block Chain).The chain contains all transaction processes which happened already. This ledger provides a permition to an user's computer to verify the validity of a transaction. Each transactions are protected by digital signatures corresponding to the "Sender Adress". The system provides that an user can control btc wallet to send bitcoins from his wallet.
Bitcoin Owners: No one controls the Bitcoin Network. It is a technology like cloud, emails, apps, etc. All bitcoin users control the network around the world.
Bitcoin Market: Economy markets are not open for all day but
bitcoin markets are open 24-hour in 7 days.
Price of Bitcoin may change in each second. You can
exchange your bitcoins in 24/7.
