How the value of the Bitcoin cryptocurrency has changed in the last day

Bitcoin was the first cryptocurrency to hit the market. Created by Satoshi Nakamoto in 2008, this digital currency promoted libertarian ideals and sought to challenge traditional monetary and financial institutions after the global financial crisis that occurred that year.

he Bitcoin (BTC) It uses cryptography to ensure that its operations are not regulated by any banking institution or body, which in turn has placed the currency in the middle of controversy over its volatility, because by not requiring intermediaries. He was accused of facilitating illegal activities such as fraud.

Despite the skepticism, there are those who have chosen Bitcoin: El Salvador became the first country to adopt this cryptocurrency as legal tender on June 9, 2021, and prosperous Honduras, a special autonomous region in Central America, did the same.

Bitcoin price for Today at 09:00 (UTC) it is $66,825.65That is, the cryptocurrency has changed 2.41% in the last 24 hours.

On the other hand, it recorded a change of 0.7% compared to its value an hour ago. As for him popularityis located at position No. 1.

Cryptocurrencies appeared in 2008 As an alternative to the decline in the value of many currencies as a result of the economic crisis of that year.

The first digital asset created was… Bitcoin Over time, others appeared, such as: Litecoin, Ethereum, Bitcoin, Cash, Ripple, Dogecoinsome of the most popular.

Cryptocurrencies work through a Cryptocurrency encryption ensures transaction security, as well as control over the creation of your coins .

To make transactions, Cryptocurrencies use a decentralized database, blockchain, or shared ledger.

It is worth noting that cryptocurrencies are digital currencies that do not actually exist, and unlike assets such as the dollar, euro or peso, they are not regulated by any institution and do not require intermediaries in transactions.

The latter has caused cryptocurrencies to not be viewed favorably by the official market, accusing them of being unreliable, volatile, encouraging fraud, not having a legal framework that supports their users, and allowing the operation of illegal activities, among other things.

However, little by little the way opened up to the point where companies, millionaires and even governments encouraged or allowed its use.

One of the richest men in the world, Elon Musk, made comments in favor of cryptocurrencies such as Bitcoin and Dogecoin, temporarily allowing their use in the electric car company Tesla, which, at the time, caused their cost to rise.