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Bitcoin price 16-8-2024

btcreporter - 2024-08-16 10:53:03


Bitcoin daily price report!


This post is about showing the daily report of Bitcoin (BTC), including BTC price chart and BTC price statistics on today market, the date is taken on coingecko.com at date September 16, 2024.


This report aims to provide you with a clear the current price of Bitcoin on the cryptos market.


What is bitcoin


Bitcoin was the first successful internet money to use peer-to-peer technology. There is no central bank or entity involved in the transaction and production of Bitcoin currency. It was created by an anonymous person/group under the name of Satoshi Nakamoto. The source code is publicly available as an open source project. Everyone can view and be part of the development process.


Bitcoin was the first successful online cryptocurrency and inspired many alternative currencies such as Peercoin, Litecoin, Primecoin and others.


Bitcoin is designed to generate only 21 million BTC, thus making it a deflationary currency. Bitcoin uses the SHA-256 hashing algorithm with an average transaction confirmation time of 10 minutes. Bitcoin only uses ASIC chips dedicated to Bitcoin mining and hash rates that reach the level hashmap.


Bitcion daily report


General information



  • Today rank : 1

  • Today price : 58480 USD

  • Market Cap: 1152900357784 USD

  • Trade volume (24 hrs): 36678311481 USD

  • 24h High : 59834 USD

  • 24h Low : 56647 USD


BTC exchange rates today



  • 1 BTC = 79338980 KRW

  • 1 BTC = 53212 EUR

  • 1 BTC = 45308 GBP

  • 1 BTC = 5184103 RUB

  • 1 BTC = 2046095 THB

  • 1 BTC = 77131 SGD

  • 1 BTC = 418997 CNY

  • 1 BTC = 8686932 JPY

  • 1 BTC = 918296120 IDR

  • 1 BTC = 1465491986 VND

  • 1 BTC = 1048073 ZAR


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Source : https://www.coingecko.com/en/coins/bitcoin


The data is taken from the Coingecko website at 16 August, 2024 - 10:23 UTC.