THORChain Price

Bitcoin (BTC) is the very first decentralized digital cryptocurrency and peer-to-peer virtual currency that does not rely on any central government or institution. Created in 2008 by the anonymous Satoshi Nakamoto, Bitcoin was created as a digital cash system enabling individuals to send and receive value via the internet in a secure manner without the need for intermediaries. All transactions are documented on a public, decentralized ledger known as blockchain, which provides transparency and security. The Bitcoin supply is capped strictly at 21 million coins, and it is a scarce digital asset likened to "digital gold.".
Bitcoin (BTC) is the first decentralized digital currency, without a central bank, that utilizes blockchain technology to account for all transactions. It has a finite supply of 21 million coins and thus is a scarce digital commodity.Bitcoin mining is the process by which the network is secured and new bitcoins are created. Miners utilize custom hardware to gather unconfirmed transactions, bundle them into blocks, and compete to find a solution to a complex cryptographic puzzle utilizing the SHA-256 hashing algorithm. The first miner to find a valid solution broadcasts the block to the network, and if accepted, adds it to the blockchain and earns a block reward—currently 3.125 BTC after the April 2024 bitcoin halving event, which cut the reward in half and occurs every four years to control inflation and increase scarcity.
Mining has become industrial-scale operations, energy- and hardware-intensive, where the majority of miners participate in large pools to enhance the odds of reward accrual. The price of Bitcoin exceeded $100,000 in December 2024 and oscillates between $104,000–$110,000 as of mid-2025 on the back of demand, halving cycles, and institutional investment. The arrival of US spot Bitcoin ETF in 2024 also fueled additional institutional and mainstream demand, allowing investors to gain simple exposure to the bitcoin price without having to hold it directly.
The Bitcoin worth that it is rare, safe, and better accepted as a store of wealth as well as a medium of exchange. It offers new coins received at a sure, diminishing rate, and its public, decentralized, tamper-evident ledger instills confidence in the absence of an intermediary. As of June 2025, there are approximately 19.9 million BTC available, and the last of the coins will be mined around 2140.