BITCOIN PRICE INCREASED DRASTICALLY $7.120 TODAY 12 JUNE
DJ Hoyjoyboy DJ Hoyjoyboy
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 Published On Jun 12, 2022

Today's live Bitcoin price is $60,571.92 USD with a 24-hour trading volume of $25,251,374,206 USD. We update the price of BTC to USD in real-time. Bitcoin is down 1.20% in the last 24 hours. CoinMarketCap is currently ranked #1, with an immediate market cap of $1,141,950,358,945 USD. It has an incredible supply of 18,852,800 BTC coins and a max. provides 21,000,000 BTC coins.
Bitcoin is a peer-to-peer online currency, meaning that all transactions occur directly between equal independent network participants, without the need for an intermediary to permit or facilitate them. Bitcoin was created, in Nakamoto's own words, to allow "online payments to be sent directly from one party to another without going through a bank."


On October 31, 2008, Nakamoto published the Bitcoin whitepaper, which describes in detail how a peer-to-peer online currency can be implemented. They proposed using a decentralized transaction ledger that was packaged in batches (called “blocks”) and secured by cryptographic algorithms – the entire system would later be dubbed “blockchain.”
Just two months later, on January 3, 2009, Nakamoto mined the first block on the Bitcoin network, known as the genesis block, thus launching the world's first cryptocurrency. The price of Bitcoin was $0 when it was first introduced, and most Bitcoins are earned through mining, which only requires a fairly powerful device (eg PC) and mining software. The first known commercial Bitcoin transaction occurred on May 22, 2010, when programmer Laszlo Hanyecz traded 10,000 Bitcoins for two pizzas. At the price of Bitcoin today in mid-September 2021, that pizza would be worth $478 million. This event is now known as “Bitcoin Pizza Day.” In July 2010, Bitcoin first started trading, with Bitcoin prices ranging from $0.0008 to $0.08 at that time.

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