2024-01-03 21:15:33

Bitcoin is the most popular and the most valuable cryptocurrency. In fact, with a market capitalization of about $845 billion, Bitcoin alone accounts for 50% of the entire cryptocurrency market. One reason for that popularity is its status as a first mover.

The modern cryptocurrency market came into existence on Jan. 3, 2009, the day the first Bitcoin was mined from the blockchain. Simply put, Bitcoin has been around longer than its peers and has therefore cultivated a more extensive following.

Another reason for its popularity is the simple investment thesis. Bitcoin is a finite asset because its source code limits the supply to 21 million coins. Bitcoin is similar to gold in that respect, and just as gold derives much of its value from scarcity, so too does Bitcoin#ContentStar #比特币 #HotTopicDiscussion #NewYearCelebration

BTC-0.63%

SNT1.84%

SIS1.04%

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