Bitcoin, the first virtual currency launched on the market, was created by Satoshi Nakamoto (pseudonym) in 2008 after the financial crisis that affected the world; This digital currency was based on a libertarian ideal and sought to put traditional monetary and financial institutions in check.
Known in the world of markets under the acronym BTC, bitcoin uses cryptography to ensure that your management is decentralizedthat is, it cannot be regulated by any banking institution or body, which in turn makes cryptocurrencies volatile.
Despite the advance and reach that Bitcoin and other large digital assets such as Ethereum have had, organizations such as the World Bank, the International Monetary Fund (IMF) and the Inter-American Development Bank (IDB) They are still skeptical about the benefits of this type of cryptocurrency.
Despite skepticism, there are those who have opted for bitcoin: El Salvador became the first country to adopt this cryptocurrency as legal currency on June 9, 2021 and Honduras Prospera, a Central American special autonomous zone, has also done the same.
The bitcoin price for today at 09:00 hours (UTC) it is 63645.37 dollarsthat is, the cryptocurrency had a change of -0.94% in the last day.
On the other hand, it registered a change of 0.18% compared to its value an hour ago. As for his popularityis located in position #1.
This March 12 bitcoin has achieved a new all-time highsurpassing previous values and reaffirming itself as the most important cryptocurrency in the market, approaching the 73 thousand dollars. This record was obtained amid an unprecedented flow of investments into cryptocurrencies, a notable development for the digital financial sector.
The increase in the value of bitcoin occurs in a context where there is a massive influx of capital into cryptocurrencies, which indicates a growing investor interest and confidence in these assets. The rise in price benefits not only bitcoin but also has a positive impact on the cryptocurrency market in general, favoring greater stability and visibility, according to an analysis of Bloomberg.
Experts financed this increase due to different factors, such as institutional adoption of cryptocurrencies, the search for investment alternatives due to global economic uncertainty, and continued innovation in blockchain technology that underpins bitcoin and other digital currencies. This combination of factors has created an environment conducive to continuous growth in the value of Bitcoin.
To acquire and exchange them, they are used specialized portals. Its value varies depending on supply, demand and the commitment of the miners, so it can change faster than traditional money, but the more people are interested and want to buy a certain currency, the higher its price will be.
However, whoever invests in this type of digital assets must be very clear that this form brings with it a high risk to capitalWell, just as there can be an increase, it can also unexpectedly crash and wipe out the savings of its users.
To store them, users must have a digital purse or wallet, which is actually a software through which it is possible to save, send and transact cryptocurrencies. In reality, this type of wallet only stores the keys that mark a person’s ownership and right to a certain cryptocurrency, so these codes are the ones that should actually be protected.
