what is bitcoin total market cap
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1,111,111 TRP = 11,111 USD
1,111,111 TRP = 11,111 USD
1,111,111 TRP = 11,111 USD
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Bitcoin is the first and most well-known cryptocurrency, created by an unknown person or group of people using the pseudonym Satoshi Nakamoto in 2009. It operates on a decentralized peer-to-peer network and uses blockchain technology to record transactions. Bitcoin’s market capitalization has grown significantly since its inception, attracting both investors and critics due to its volatility and speculative nature. With a limited supply cap of 21 million coins, Bitcoin’s value is influenced by factors such as adoption, regulatory developments, and market sentiment. Despite the fluctuations in its price, Bitcoin remains a popular choice for individuals seeking to diversify their investment portfolios and participate in the growing digital economy.
In April 2021, the Bitcoin market cap reached an all-time high and had grown by over 1,000 billion USD when compared to the summer months. The market capitalization decline since that moment, reaching roughly 600 billion U.S. dollars in June 2021.