Bitcoin is the first cryptocurrency that paved the way for the world of decentralized cryptocurrency. Bitcoin is often compared to gold because both are precious and in limited supply. On the other hand, BTC is more convertible and can be quickly transferred between users across the world.
As the adoption of cryptocurrencies has increased daily over the years, so has the demand and price. From a low of $65.53 on July 5, 2013, BTC rose to an all-time high of $68,789 on November 10, 2021, according to CoinMarketCap data.
