
Anyone who is interested in digital assets knows that Bitcoin is the “progenitor” of all cryptocurrencies. Back in 2009, the world first heard about a new financial instrument that could not be physically touched but could be seen through monitor screens. At the time, only the most optimistic crypto-enthusiasts believed in the future of cryptocurrencies. Today it is hard to imagine that digital assets will be lost somewhere. Cryptocurrency, just like fiat, is increasingly becoming a part of people’s everyday lives. There are already millions of different tokens in circulation.
But as we said, at the dawn of the first cryptocurrency, only a few believed in it and the future of cryptocurrencies. The general public started to learn about the existence of digital assets more often during the time when bitcoin was hitting new all-time highs (ATH). In this article, we will discuss the most important peaks Bitcoin has managed to conquer during its existence.
Bitcoin
Bitcoin, or BTC as it is called, was born in 2009.
As you know, Bitcoin is a cryptocurrency. Cryptocurrency is a digital asset with secure transactions. All information about cryptocurrency transfers on the network is stored in a distributed ledger, which has been named – blockchain.
Generally, cryptocurrency can be stored on specialized wallets or exchanges where it was purchased. However, it is better to opt for crypto wallets as it is more secure if you are the owner of an impressive amount of cryptocurrencies. The fact is that history knows enough cases of cryptocurrency exchanges being hacked where ordinary exchange users lost their digital assets.
Bitcoin is commonly referred to as the first cryptocurrency, as it was the world’s first decentralized digital asset.
After it, other cryptocurrencies, such as Ethereum, BNB, Ripple, LTC, DOGE, etc., started to appear. But if you go to any service or exchange where you can find a list of cryptocurrencies, Bitcoin will be at the top of the list.
The market capitalization of BTC at the time of writing is more than $332 billion.
The creator of bitcoin is generally considered to be an individual or group of individuals under the pseudonym Satoshi Nakomoto. It is still unknown exactly who is behind the creation of the main cryptocurrency. If you type Nakamoto’s name into a search engine, you will most likely find vague information about the person in question.