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Bitcoin (BTC) – Fundamental Analysis
Bitcoin is a digital currency that was created in 2009 by an unknown person or group using the name Satoshi Nakamoto. It is a decentralized digital currency that can be sent from user to user without the need for intermediaries such as banks.
Supply and Demand
Bitcoin’s supply is limited to 21 million coins, with approximately 18.6 million currently in circulation. The limited supply, coupled with increasing demand, has led to significant price volatility. The demand for Bitcoin has been driven by its potential as a store of value, an alternative to traditional currency, and as a speculative asset.
Read More: https://onthenode.com/analysis/bitcoin-btc-fundamental-analysis/
Bitcoin (BTC) – Fundamental Analysis
Bitcoin is a digital currency that was created in 2009 by an unknown person or group using the name Satoshi Nakamoto. It is a decentralized digital currency that can be sent from user to user without the need for intermediaries such as banks.
Supply and Demand
Bitcoin’s supply is limited to 21 million coins, with approximately 18.6 million currently in circulation. The limited supply, coupled with increasing demand, has led to significant price volatility. The demand for Bitcoin has been driven by its potential as a store of value, an alternative to...
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