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Bitcoin is secured by the underlying blockchain technology. The blockchain technology that Bitcoin is built upon was designed in a way to make it impossible to breach its security. While it might not be impossible to breach Bitcoin, it is extremely difficult to hack Bitcoin’s security due to its features like cryptography, public blockchain, decentralized, and permissionless. So far, Bitcoin has not faced major security issues like other cryptocurrencies and continues to stay on the top of the crypto market undefeated. What is the current Bitcoin price? If you need to transfer funds abroad quickly, instead of looking for a bank with lower fees you can use Bitcoin (BTC) or other cryptocurrencies. Because the distributed ledger offers you some advantages that traditional financial institutions don’t have:

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Bitcoin is the leading cryptocurrency in terms of market capitalisation, as well as price. Bitcoin's current price is hovering around the $21,000 mark, having suffered dramatic falls during this year's bear market. As of July 2022, Bitcoin capitalisation's was worth roughly $416 billion. MicroStrategy's Bitcoin Bet Backfires: Reports Massive Fourth Quarter Loss – Here's What You Need to Know How do you feel about Bitcoin today? Vote to see results