THE FIRST CRYPTO CURRENCY IN THE WORLD!
The bitcoin is the oldest crypto currency that came into being in the year 2009 and it has been in transaction in the peer to peer account transfer ever since. The bitcoin transaction does not operate like the regular banking system and it is stored electronically and no physical currency is attributed to it. That is why bitcoin is a crypto currency which exists as a set of electronic codes and thus the transaction takes place within the network called the block chain. Each and every transaction is noted down and recorded electronically. For further details on the subject just type in price of bitcoin and you will get all the information that you may need.
The value of the crypto currency has been rising ever since it came into being in the year 2009 and this has been increasing steadily and every year the price is going up as can be seen from the dollar value that is available online. The bitcoin is a bit of an advantage over the regular currency as the transaction can take place between the members in the network or it is called as the peer to peer transaction. So, themiddle man is completely out of the picture. With no third party, it has the freedom to move about between anyone who trade in it.
The price of bitcoin has risen to its all-time high in the year 2019 to 2020 where you can see figures like 13,000 USD in its value. After a while, the value dropped quite quickly to around 4800 USD. The value of the biotin changes also due to the introduction of other crypto currencies such as the bakkt options. The interested person needs to pay attention to these changes.