How much is Bitcoin worth? “It’s expensive, as it costs more than $40,000.” This is one of the first things beginners come across. What few people know is that, like gold, cryptocurrencies are fraction-able.
In fact, 1 kilo of gold costs $60,000, however, the gram costs $60. With a precision scale it is possible to trade on any scale. Similarly, by convention, each Bitcoin is fractionable into 100 million units, known as Satoshis.
Here at the Bitcoin Market we work with a minimum value for deposits and withdrawals of $10. In summary, any person or company can start their Bitcoin investment in a simple and unbureaucratic way.
How Much is Bitcoin Worth Today?
In mid-August 2021, an entire Bitcoin costs $46,000. More important than measuring the unit price is its market capitalization.
This can be easily proven in software on the Bitcoin network, or by consulting block explorers.
Therefore, the answer to how much Bitcoin is worth is not enough to know if it is expensive or cheap. For example, gold has a market value of $11.5 trillion, that is, 13 times greater. In fact, a single American company, for example, Microsoft, has a capitalization of $2.2 trillion.
How Much is Bitcoin Worth Today? Trading Panel
In the “Trading Panel” of the Bitcoin Market, it is possible to monitor the quotation in real-time, for which it is not necessary to be registered on the website, nor to be a customer.
It is worth remembering that the Bitcoin quote varies between each broker, known as an exchange, as they have different terms, rates, and even customer profiles.
Similarly, the value of Bitcoin in dollars can be different from one to other market, even adjusting for the quotation of the US currency. The difference can occur due to supply and demand issues, or taxes on foreign exchange transactions.