Bitcoin BTC

Throughout its long history BTC has seen ups and downs multiple times, keeping its volatile nature as a main characteristic. In terms of prices, Bitcoin’s all-time low is $0.0486, an all-time high is $126 188.19, which shows how much it has grown since the beginning of its journey.

Bitcoin operates on the public ledger called Bitcoin blockchain—the system of segments called blocks. Transactions get grouped into those blocks and then verified by miners to bundle them onto the chain. This process typically takes about 10 minutes per block and the inscribed transactions stay there forever, visible to the public. It ensures the decentralization of the coin and the transparency of the blockchain, which are the main characteristics crypto users seek.

There are lots of platforms where you can purchase Bitcoin, including various centralized and decentralized exchanges. For example, you can easily buy Bitcoin on the Cryptomus platform. The most convenient options are available here, including direct BTC purchase with debit or credit card in your personal account or utilizing the Cryptomus P2P exchange.

Buying Bitcoin is even easier than it seems. There are two main ways to do it: on the exchange or directly from another person using P2P. You can easily do it on Cryptomus platform by choosing "Receive" on your personal page. Select Bitcoin, choose the needed network, and select fiat as the type of payment. Then, you need to fill in the amount you intend to pay in your preferred currency. The process is rather simple and transactions are fast so you can get your BTC with no problems. You can also buy BTC on P2P by selecting the most suitable sale offer.

To store your Bitcoin you’ll need to use a BTC wallet. There are many of them on the market, and choosing the right one for you is a very personal deal. You can securely store your Bitcoin in the Cryptomus crypto wallet since it offers the best conditions and a great variety of in-built financial tools for cryptocurrency management. The platform is AML-compliant and has reliable security measures like 2FA, PIN-code, and KYC. Also, there are both a web and an app version (for Android and iOs) of the wallet so you can manage your funds wherever and whenever you want.

Nowadays, Bitcoin is often seen as a tool against inflation and economic uncertainty, similar to how investors use gold. That’s why many refer to BTC as "digital gold", highlighting its potential as a store of value. Also, many people use BTC for P2P transactions and as a payment method, especially for cross-border payments. Its decentralized nature and low correlation with traditional markets have also attracted institutional investors and those interested in diversifying their portfolios.

The main reason for Bitcoin’s volatility is the fact that it is not tied to physical assets and its price fully depends on supply and demand. Its market-driven nature adds to the volatility, as any major shift in demand from investors or financial institutions can lead to price fluctuations. Therefore, speculation, news events, regulatory developments, and market sentiment influence BTC heavily, affecting its value. The lack of central authority or stabilizing mechanisms also leaves it more exposed to market movements.

The main factors that determine Bitcoin’s value are its supply, the market’s demand, availability, competing cryptocurrencies, and investor sentiment. The perceived usefulness, security, and adoption rate of Bitcoin also affect its value. Bitcoin"s demand rises as more companies and individuals use it for payments, transactions, or as a store of value. Public opinion and media mentions are highly important too because although bad news or regulatory worries can lower the price, good news can draw in new investors. Other factors are technological developments, such as improvements to the Bitcoin network (such as the Lightning Network), as well as the activities of big institutional investors or BTC whales.

The most appealing characteristic of Bitcoin is its decentralized nature, that eliminates any middlemen between users and their assets. It offers independence from traditional financial institutions, making it attractive to those who seek an alternative to government-controlled currencies. Also, BTC’s transparency and security attract even more users that want to see everything that happens to their money and be sure it’s safe. As Bitcoin continues to be adopted by individuals, businesses, and institutional investors alike, its use case as a store of value, medium of exchange, and hedge against inflation keeps adding to its growing popularity worldwide.

Bitcoin mining depends on the consensus mechanism called Proof-of-Work (PoW). It works this way: to validate the transaction and put it on the block forever, miners have to solve a complex mathematical puzzle which uses a lot of energy and a powerful computer. Running this computer costs money, which includes the cost of the rigs and the electricity, that’s why miners are rewarded with a new supply of Bitcoins. That’s the monetary system behind BTC, where the fees for validating transactions is paid by the person who wishes to transact.

A Bitcoin halving refers to an event where the rewards that miners receive for validating transactions and adding new blocks to the blockchain are cut in half. This mechanism is coded into the protocol of Bitcoin as a way to regulate its supply over time. By reducing the reward after a set number of blocks are mined, the halving ensures that fewer coins enter the circulation, and a decreasing supply means regular price increases; that’s why historically the price of a coin grows in the year of halving. This event happens approximately every 4 years, the last one happened in 2024 and the next one is awaited around 2028.