The Current Value of Bitcoin in Indian Rupees and How to Trade It
Bitcoin, the popular cryptocurrency, is currently valued at ₹4,917,440 in Indian Rupees. However, this value is not static and has been fluctuating. It has seen a 0.1% increase from an hour ago, and a 1.8% decline since yesterday. In the last 7 days, the value of Bitcoin in INR has decreased by 0.4%. Over the last 24 hours, the total volume of Bitcoin traded was a staggering ₹1,650,407,485,622.
Market Cap and Trading Volume
As of now, the market cap of Bitcoin stands at ₹97,080,190,889,154. The market cap is calculated by multiplying the current price with the circulating supply. This metric is used to measure the total market value of a cryptocurrency’s circulating supply.
The fully diluted valuation (FDV) of Bitcoin, which is the theoretical market capitalization of a coin if the entirety of its supply is in circulation, stands at ₹103,266,242,016,000. This value is theoretical and depends on factors such as tokenomics, emission schedule, or lock-up period.
The 24-hour trading volume of Bitcoin has been ₹1,650,360,117,668. This metric measures the amount of cryptocurrency trading volume across all tracked platforms in the last 24 hours.
Supply Metrics
The circulating supply of Bitcoin, which refers to the amount of coins that are tradeable by the public, stands at 19,742,018. The total supply of Bitcoin, minus any burned tokens, is 21,000,000. The maximum supply, which is the maximum number of coins coded to exist in the lifetime of the cryptocurrency, also stands at 21,000,000.
FAQs About BTC/INR
There are many questions surrounding the value of Bitcoin in Indian Rupees. Some frequently asked questions include:
– How much is 1 Bitcoin worth in INR?
– How many BTC can I buy for ₹1?
– How do I convert the price of BTC to INR?
– What is the highest price of BTC/INR in history?
– What is the price trend of Bitcoin in INR?
Price History and Conversion Tables
Additionally, people are interested in the price trend of Bitcoin. The 7-day price history shows the daily prices of Bitcoin in INR and their 24-hour price movements. Notably, there have been fluctuations in the value over the past week.
Furthermore, there are conversion tables available for those looking to convert Bitcoin to INR and vice versa. These tables provide the conversion rates for various amounts of BTC and INR.
How to Buy Bitcoin with INR
For those interested in purchasing Bitcoin with INR, there are a few simple steps to follow:
1. Identify where to trade BTC
2. Choose a suitable exchange
3. Register an account
4. You’re now ready to buy BTC with INR!
In conclusion, the value of Bitcoin in Indian Rupees is always changing, and it is important for potential traders to stay informed about the latest price movements. Whether you are looking to invest in Bitcoin or simply curious about its value, understanding how to navigate the BTC/INR market is essential.
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