Name: Bitcoin
Brand: ONUS
Price: 63965.515 USD
Rating: 4.5 (506 reviews)

Question 1

How much is one Bitcoin worth in USD at the moment?

Accepted Answer

As of right now, one Bitcoin (BTC) is priced around 63,965.52 USD. The total market value of all Bitcoins in circulation (market cap) is estimated to be sitting around 1.26t USD.

Question 2

From 2010 to 2023, what is the quarterly performance of Bitcoin?

Accepted Answer

This table provides a glimpse into Bitcoin's historical performance, showcasing its quarterly returns over the past 14 years (2010-2023)

Year	Q1	Q2	Q3	Q4	Total
2010	-	-	24.00%	383.87%	500.00%
2011	158.03%	1889.02%	-67.32%	4.68%	1655.90%
2012	-8.37%	37.33%	87.06%	7.29%	152.56%
2013	681.71%	-6.24%	36.07%	469.02%	5574.72%
2014	-39.47%	40.35%	-39.67%	-17.25%	-57.59%
2015	-23.73%	7.72%	-10.27%	82.40%	34.47%
2016	-3.21%	61.58%	-9.45%	58.06%	123.83%
2017	11.21%	131.47%	73.88%	225.61%	1357.44%
2018	-50.45%	-8.25%	3.74%	-43.43%	-73.32%
2019	12.07%	159.75%	-24.03%	-13.16%	92.05%
2020	-10.80%	42.33%	17.96%	168.52%	302.12%
2021	103.02%	-40.39%	24.98%	5.55%	59.64%
2022	-1.47%	-56.23%	-2.50%	-14.86%	-64.20%
2023	72.14%	7.12%	-11.57%	57.22%	156.36%
Average	69.28%	174.27%	7.91%	105.66%	754.92%

Question 3

How many Bitcoin (BTC) are currently in circulation?

Accepted Answer

As of today 08/05/2024, there are approximately 19.67 million Bitcoin (BTC) tokens in circulation. This represents nearly all of the 21 million BTC that will ever be created. Bitcoin's total supply is capped by its design, meaning no more than 21 million coins will ever be mined

Question 4

How can I invest in Bitcoin (BTC)?

Accepted Answer

With ONUS App, you can access a list of the world's best crypto exchanges and purchase Bitcoin at any time. Join the +4 millions of people who have already invested in Bitcoin and start your journey today! Did you know that buying BTC has never been easier? It's fast, easy, and secure.

Question 5

How do experts predict the future price of Bitcoin?

Accepted Answer

The current Bitcoin price is 63,965.52 USD, +0.65% in the last 24 hours. While the cryptocurrency market is volatile and unpredictable, it is important to note that price movements can be analyzed with expertise and knowledge. It is not an insurmountable challenge, but rather an opportunity for those with the right skills and understanding. Our experts and market analysts discuss the future Bitcoin price prediction with confidence.

Question 6

What is Bitcoin Cash?

Accepted Answer

Bitcoin Cash (BCH) is a cryptocurrency that emerged from a split in the Bitcoin blockchain.

Question 7

What are the components of a Bitcoin price chart?

Accepted Answer

Bitcoin price charts typically include the following components:

Open, high, low, and close prices: These values help to determine the current price trend.
Trading volume: High trading volume indicates that many people are interested in Bitcoin.
Technical indicators: Technical indicators such as RSI, MA, resistance lines, and support lines can help to predict future price trends.

Question 8

Why is 1 Bitcoin so valuable?

Accepted Answer

1 Bitcoin has a high value for several reasons:

Scarcity: There will only ever be 21 million Bitcoin created, and 19 million BTC have already been mined. This makes Bitcoin a scarce asset, which drives up its price.
Divisibility: Bitcoin can be divided into smaller units called Satoshi. This makes it a more practical and versatile form of currency, as it can be used for smaller transactions.
Acceptability: An increasing number of businesses and individuals are accepting Bitcoin as payment. This growing acceptance makes Bitcoin more valuable, as it increases its utility.
Portability: Bitcoin can be sent and received anywhere in the world, without the need for intermediaries like banks. This makes it a more convenient and efficient form of payment.
Durability: Bitcoin exists as code on the blockchain, making it highly resistant to censorship and fraud. This durability makes Bitcoin a more secure and reliable investment.
Fungibility: All Bitcoin are equal and interchangeable. This means that there is no difference between one Bitcoin and another, which makes it a more reliable and stable form of currency.

Question 9

How many Satoshi are in 1 BTC?

Accepted Answer

1 Bitcoin = 100,000,000 Satoshi

Question 10

What is the Bitcoin market cap (USD) today?

Accepted Answer

The total market capitalization of Bitcoin today, 08/05/2024, is 1.26t USD

Question 11

What has been the highest BTC/USD chart price each year?

Accepted Answer

Highest BTC/USD chart price on 11/07/2010: 1 BTC = $0.30
Highest BTC/USD chart price on 06/09/2011: 1 BTC = $29.60
Highest BTC/USD chart price on 12/13/2012: 1 BTC = $13.70
Highest BTC/USD chart price on 12/04/2013: 1 BTC = $1,156.12
Highest BTC/USD chart price on 01/06/2014: 1 BTC = $1,017.12
Highest BTC/USD chart price on 12/12/2015: 1 BTC = $469.10
Highest BTC/USD chart price on 12/29/2016: 1 BTC = $979.40
Highest BTC/USD chart price on 12/17/2017: 1 BTC = $20,089.00
Highest BTC/USD chart price on 01/06/2018: 1 BTC = $17,712.40
Highest BTC/USD chart price on 06/26/2019: 1 BTC = $13,796.49
Highest BTC/USD chart price on 11/30/2020: 1 BTC = $29,244.88
Highest BTC/USD chart price on 11/10/2021: 1 BTC = $68,789.63
Highest BTC/USD chart price on 03/28/2022: 1 BTC = $48,086.84
Highest BTC/USD chart price on 12/08/2023: 1 BTC = $44,705.52
Highest BTC/USD chart price as of now on 08/05/2024: 1 BTC = 73,961.44 USD

Question 12

How did the BTC/USD price perform after the ETF approval 24 hours later?

Accepted Answer

The highest price of BTC 24 hours after the Bitcoin ETF approval (10/01/2024) was: 49,059.05 USD

Question 13

Does Bitcoin price get affected by Hashrate fluctuations?

Accepted Answer

Hashrate and Bitcoin price are often closely linked in the following ways:

1. When Bitcoin price increases:

Bitcoin miners earn higher profits, attracting more people to join the mining process.
Increased demand for Bitcoin mining leads to an increase in Hashrate (mining speed).

2. When Bitcoin price decreases:

Miners' profits decrease, causing some to drop out.
Decreased demand for Bitcoin mining leads to a decrease in Hashrate.

3. Examples:

Bitcoin price increases: Hashrate increases after a few days.
Bitcoin price decreases: Hashrate decreases after a few hours.

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