
Additionally, the RSI is hovering around , indicating neither overbought nor oversold conditions.
Functioning as a decentralized digital currency, Bitcoin operates on a peer-to-peer network. This framework enables direct transactions between users, eliminating the need for intermediaries such as banks. Nakamoto envisioned Bitcoin as a solution for direct online transactions, bypassing financial institutions entirely.
While the idea of a decentralized digital currency had been explored before Bitcoin, it stands out as the initial cryptocurrency to be widely adopted and utilized in transactions.
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