BTC Price Live Data
Bitcoin is the world’s first ever decentralised cryptocurrency or digital coin. It is termed as a decentralised cryptocurrency as it is not under the control of any financial regulatory authority around the world and relies on peer-to-peer software and cryptography.
Created over a decade ago, it has gained immense popularity over the years and is the world’s most popular cryptocurrency. The popular cryptocurrency utilized the Bitcoin blockchain for transactions.
Each Bitcoin is made up of 100,000,000 satoshis or the smallest units of Bitcoin, making an individual Bitcoin divisible up to 8 decimal places. This is why people can even buy fractions of a Bitcoin as well.
It may be noted that there are no physical Bitcoins and only balances are recorded in a public ledger. All Bitcoin-related transactions are registered using a massive amount of computing power and the process is known as “mining”.
As mentioned earlier, Bitcoin is not issued or backed by any banking entity or government around the world. While it is not considered a legal tender in most countries in the world, Bitcoin has been gaining in popularity, following which hundreds of other cryptocurrencies have been launched.
FAQs
1 BTC = 5,088,570.747853 INR Jun 25, 2024 13:40 UTC.
What is the expectation of Bitcoin in 2024? ›
“Based on the current market trend, it is possible that bitcoin may reach up to $100,000 by the end of 2024 and could potentially surpass $200,000 by the end of 2025,” Collins said. Unfortunately, he said it's unlikely bitcoin's momentum in 2023 and 2024 will continue indefinitely.
What is the highest price of 1 Bitcoin in India? ›
What is the highest price of BTC/INR in history? The all-time high price of 1 BTC in INR is ₹6,110,932, recorded on Mar 14, 2024 (3 months).
Can I buy Bitcoin for 1,000 rupees? ›
You can purchase a fraction of bitcoin valued at 1000 rupees. Several crypto exchanges, including ZebPay, permit users to buy fractional amounts of various cryptos, including Bitcoin. You can start your crypto journey on ZebPay with as little as INR 100.
What will $1000 of Bitcoin be worth in 2030? ›
By getting investors excited about the future of Bitcoin, she could attract more inflows to her ETF. If Wood is correct and Bitcoin does reach $3.8 million by 2030, an investment of $1,000 would be worth over $60,000.
Is it safe to invest in Bitcoin today? ›
There are several risks associated with investing in cryptocurrency: loss of capital, government regulations, fraud and hacks. Loss of capital. Mark Hastings, partner at Quillon Law, warns that investors must tread carefully in crypto's unique financial environment or risk significant losses.
Should I sell or hold Bitcoin? ›
You might want to sell your crypto under some specific circ*mstances. If there is a lack of blockchain development progress or a string of negative news, you might want to sell your cryptocurrency. If you've reached your investing goals or want to reallocate your holding, you might want to sell your cryptocurrency.
What was the price of 1 Bitcoin in 2009 in India? ›
What Price Did Bitcoin Start At? Bitcoin was originally worth next to nothing. The transaction that first gave Bitcoin monetary value was in October 2009, when Finnish computer science student Martti Malmi, known online as Sirius, sold 5,050 coins for around INR 414.65, giving each Bitcoin a value of $0.0009 each.
What was the price of 1 Bitcoin in India when it started? ›
Key facts about BTC
In April 2010, when Bitcoin was launched at the first cryptocurrency exchange BitcoinMarket.com, its price was $0.0025 (₹0.18).
What is the price of Bitcoin in India 2010 to 2023? ›
The average closing price for Bitcoin (BTC) in terms of INR between 2010 and 2023 was 857,899.55. It was up 1,251,431.9% in that time. Daily pricing data for Bitcoin dates back to 7/17/2010, and may be incomplete.
The closing price for Bitcoin (BTC) in terms of INR in 2018 was 259,738.29, on December 31, 2018.
