Live Bitcoin Price and Market Overview
The Bitcoin price today is CZK 2,246,678, with a 24-hour trading volume of CZK 461,159,249,371. Over the past 24 hours, BTC has seen a decrease of -1.83%. In the last hour alone, the price dipped by -0.05%. Bitcoin continues to hold the number one ranking on CoinGecko, reflecting its dominant position in the cryptocurrency market.
Bitcoin’s circulating supply stands at 19,885,856 BTC, which is also its total supply, as the maximum cap was set at 21 million coins from its inception. This limited supply is a foundational feature of its economic model.
- Circulating Supply: 19.89M BTC
- Fully Diluted Market Cap: $2.13T
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As of the latest update, the exchange rate for 1 Bitcoin (BTC) is approximately CZK 2,246,678. This conversion is based on data aggregated from multiple trading platforms, providing a reliable benchmark for the current market value.
Easy Conversion: BTC to CZK and Back
Whether you're looking to calculate the value of your holdings or planning a trade, understanding the conversion between Bitcoin and Czech Koruna is straightforward.
Convert Bitcoin to Czech Koruna:
Multiply the amount of BTC you have by the current market price (e.g., 0.5 BTC * CZK 2,246,678 = CZK 1,123,339).
Convert Czech Koruna to Bitcoin:
Divide the amount of CZK by the current BTC price (e.g., CZK 10,000 / CZK 2,246,678 ≈ 0.00445 BTC).
Using a trusted platform that aggregates live data from numerous exchanges ensures you get the most accurate and fair conversion rate for your transactions.
What Is Bitcoin (BTC)?
Bitcoin is the world’s first truly successful cryptocurrency, launched in 2009 by an anonymous individual or group known by the pseudonym Satoshi Nakamoto. Its creation was a watershed moment in financial history, introducing a novel concept: a decentralized digital currency that operates on a peer-to-peer network.
This innovation eliminated the need for traditional centralized intermediaries, like banks, to facilitate and verify transactions. Instead, Bitcoin relies on a distributed public ledger called the blockchain, where all transactions are recorded transparently and immutably.
Since its inception, Bitcoin has maintained its position as the most valuable and widely recognized cryptocurrency. It has pioneered an entire asset class and continues to be the standard against which all other digital assets are measured.
Key Bitcoin Metrics
- Market Capitalization: CZK 44,676,726,338,292.00
- Circulating Supply: 19,885,856 BTC
How and Where to Buy Bitcoin (BTC)
Bitcoin is one of the most accessible cryptocurrencies and can be purchased on virtually every major centralized (CEX) and decentralized (DEX) exchange. For traders seeking the best prices and liquidity, using an application that aggregates data from dozens of exchanges is highly advantageous. Such platforms allow users to monitor thousands of trading instruments, including BTC, in real time all from a single interface.
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Understanding Bitcoin's Technology: Proof-of-Work
The Bitcoin network is secured through a consensus mechanism known as Proof-of-Work (PoW). This system requires miners to use computational power to solve complex mathematical puzzles. The first miner to solve the puzzle gets to add a new block of transactions to the blockchain and is rewarded with newly minted BTC and transaction fees.
This process ensures that transactions are processed and verified in a completely decentralized manner. It makes the network incredibly secure and resilient to attacks, as tampering with the blockchain would require an immense amount of computational resources.
Bitcoin's Role in the Crypto Ecosystem
Bitcoin's influence extends far beyond its own price. It is the foundational pillar of the entire cryptocurrency market. Many alternative cryptocurrencies, often called "altcoins," are commonly traded against Bitcoin (e.g., ETH/BTC). Consequently, their value is often heavily influenced by Bitcoin's market movements.
As the largest digital asset by market capitalization, Bitcoin also serves as the primary gateway between the traditional fiat currency world and the broader crypto ecosystem. It is often the first asset new investors buy when entering the space.
Frequently Asked Questions
What determines the price of Bitcoin?
Bitcoin's price is primarily determined by supply and demand dynamics on global exchanges. Factors like institutional adoption, regulatory news, macroeconomic trends, and overall market sentiment all play a significant role in influencing investor demand.
How can I safely store my Bitcoin?
For maximum security, it's recommended to store Bitcoin in a non-custodial hardware wallet, which keeps your private keys offline. For smaller amounts or active trading, reputable exchanges with strong security measures are also an option.
Is Bitcoin a good long-term investment?
Many view Bitcoin as "digital gold"—a potential store of value and hedge against inflation. However, its price is highly volatile. Any investment should be based on extensive personal research and within one's risk tolerance.
What does 'circulating supply' mean?
Circulating supply refers to the number of Bitcoin coins that have been mined and are currently in public circulation and available to be traded. It does not include coins that are lost or locked.
Can Bitcoin be used for everyday purchases?
While its primary use case is currently as a store of value, Bitcoin can be used for purchases where it is accepted. However, transaction speeds and fees can sometimes make it less practical for small daily transactions compared to other cryptocurrencies.
What is the difference between Bitcoin and other cryptocurrencies?
Bitcoin was the first cryptocurrency and is primarily designed as a decentralized peer-to-peer electronic cash system and store of value. Many other cryptocurrencies, often called altcoins, build upon Bitcoin's technology but may offer different features, such as smart contracts or faster transaction times.