Bitcoin Price in USD:Today’s price of the world’s largest cryptocurrency bitcoin is close to $ 61,885.40 (Rs 49,24,333).
Bitcoin continues to dominate the world. Bitcoin is a virtual currency used only for online transactions. The enormous volatility in the value of bitcoin often raises the question of whether it is capable of functioning as a currency. Today’s price of the world’s largest cryptocurrency is approaching $61,885.40 (Rs 49,24,333).
According to analysts’ estimates, by the end of next month, bitcoin could again hit an all-time high of $64,000 or Rs 4,800,000. In November, it may touch the level of $98,000 (Rs 73,50,000) and in December it will again break the record to reach $1 lakh which is around Rs 75 lakh. It will be priced at $1,35,000 (Rs 1,01,25,000) by the end of 2021, which is almost three times the current price.
What is bitcoin?
Bitcoin is a virtual currency. It started in 2009, which is now so popular that the price of one bitcoin has reached millions of rupees. The government has no control over this. No bank issues cryptocurrencies. Only those who issue it control it. It is only used in the digital world. It is not under the control of any bank or government. People think that Bitcoin was first introduced to the world in 2009 by a group called Satoshi Nakamoto.
What was the starting price of bitcoin?
When bitcoin was launched in 2009, it was priced at Rs 0.060. That is, in about 12 years, bitcoin went from zero to 40 thousand rupees.