Gate News Bot message, December 26th, according to CoinMarketCap data, as of press time, BTC (Bitcoin) is currently trading at $88,446.26, up 0.87% in the past 24 hours, with a high of $90,501.93 and a low of $86,411.80. The 24-hour trading volume reached $21.403 billion. The current market capitalization is approximately $1.77 trillion, an increase of $15.26 billion compared to yesterday.
Bitcoin is an innovative payment network and a new form of currency. Operating through peer-to-peer technology, it does not rely on central authorities or banks, but is collectively managed by the network for transactions and Bitcoin issuance. Bitcoin is open-source, with its design publicly available; no one owns or controls Bitcoin, and everyone can participate. Bitcoin has several unique attributes, supporting fast peer-to-peer transactions, global payments, and low processing fees, enabling innovative use cases that were not possible with previous payment systems.