Bitcoin today: the price as of June 16

Bitcoin today: the price as of June 16
Bitcoin today: the price as of June 16

Bitcoin (BTC) is trading today, June 16, at US$66,797.5, according to the Live Coin Watch portal.

This price positions it 101% compared to its value 24 hours ago and 96% compared to the same day last week.

The token’s current dominance (market capitalization) is US$1,316,636,013,512.

Bitcoin is the most important cryptocurrency (virtual currency) today. Increasingly accepted around the world, it can be used to purchase products and services.

Each bitcoin is like a file that is stored in a “digital wallet”, whether on a cell phone, computer or tablet. Individuals and companies can transfer bitcoins or a portion of a bitcoin between different digital wallets.

Each of these transactions are recorded in a public list called blockchain. In this way, you can know the history of a bitcoin, in order to avoid theft, false copies or undo transactions.

There are three main ways to obtain a bitcoin. They can be purchased using real money (dollars, for example); goods and services can be sold and paid in bitcoin; and they can be “mined” (created as they say in cryptocurrency market jargon) on a computer.

To mine or create new bitcoins, high-powered computers are needed that, through the resolution of extremely complex computational calculations, receive a bitcoin as a reward.

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