Bitcoin briefly rises above $24,000, extending its new year | RehmatUllah on Binance Square

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Bitcoin briefly rises above $24,000, extending its new year rally amid a broader gain in tech stocks ·

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What was the price of 1 bitcoin in 2011? The closing price for Bitcoin (BTC) in 2011 was $4.25, on December 31, 2011. It was up 1,316.7% for the year. The latest price is $20,506.78. Daily pricing data for Bitcoin dates back to 7/17/2010, and may be incomplete.

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The cryptocurrency was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. The currency began use in 2009, when its implementation was released as open-source software.

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No one person owns or controls Bitcoin, and anyone can participate. While Satoshi continued to control Bitcoin's development, users and developers congregated in Bitcoin forums to contribute code and work on the project, which had become a collaborative effort.

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How many Bitcoin is left? There are 2.3 million Bitcoin left to be mined. Surprisingly, even though 18.6 million Bitcoin were mined in just over 10 years, it will take another 120 years to mine the remaining 2.3 million. That's because of the Bitcoin halving

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Bitcoin crossed the resistance levels and now trading above 23000$ . We may see more upward movement in coming days #Bitcoin #crypto2023

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