Bitcoin Market Cap Peaks Above $1 Trillion Mark
bitcoin’s market capitalization has surged past the $1 trillion mark, highlighting renewed investor interest, expanding institutional adoption, and growing confidence in digital assets.
Why Bitcoin Is Frequently Called “Digital Gold
bitcoin is often called “digital gold” because, like gold, it has a limited supply, is difficult to counterfeit, and is seen as a store of value that operates outside traditional banking systems.
Corporate Adoption of Bitcoin as a Payment Option
More companies are exploring bitcoin as a payment option, attracted by lower fees, global reach, and marketing appeal, while weighing volatility, regulation, and accounting challenges.
Bitcoin’s All-Time High Price: $69,000 in 2021
bitcoin reached its all-time high price of $69,000 in November 2021, driven by institutional adoption, heightened retail interest, and growing views of BTC as a digital store of value.
Why Bitcoin Has Value: Trust, Scarcity, and Utility
bitcoin’s value stems from collective trust in its network, programmed scarcity capped at 21 million coins, and practical utility as a borderless, censorship-resistant digital asset.
What Happens if Bitcoin Is Sent to a Wrong Address?
Sending bitcoin to a wrong address is usually irreversible. Due to blockchain’s design, transactions can’t be undone, so funds are typically lost unless the address owner cooperates.