We all already know that the cryptocurrency market is very volatile. To do this, simply look at the graphs of each of the assets to draw conclusions.
Bitcoin is still the most valuable digital currency, but in less than 24 hours its value has dropped by almost 10%.
Bitcoin price made investors “Ring the Alarm”...
The price of Bitcoin, in the last 24 hours, has seen a significant drop. According to the information, it has fallen by 10% of its value, which led to the "alarm bells being sounded" by investors.
The cryptocurrency market is going through a period of instability again, which is normal in this type of market. Analysts say this is just "normal" speculation and so is the media.
Basis Bitcoin is based on a peer-to-peer (P2P) system.. P2P is a system that does not provide for a central authority controlling the currency or transactions, as is the case with other currencies (for example, the euro is controlled by the European Central Bank).
Instead, the creation and conversion of currencies relies on a Open source network in encrypted protocols which form the basis of Bitcoin's security and freedom, making transactions between users instantaneous.
On October 31, 2008, a document titled: “Bitcoin: The Peer-to-Peer Electronic Cash System” was published in an automated email distribution group by a person named Satoshi Nakamoto, currently referred to as Bitcoin creator And his true identity is still unknown. can learn more Here.
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