BTCUSD Trade IdeaFxters.com provides you the latest news, technical analysis, fundamentals , forex signals, trade ideas, about Bitcoin. Bitcoin live rates and charts. Bitcoin is a digital currency, or titled as a cryptocurrency, best known as the world's first truly decentralized digital currency. It is traded on a peer-to-peer basis with a distributed ledger called the Blockchain, and the it's exchange rate to the US Dollar and other major currencies is determined by supply and demand as with other global exchange rates. Growing Interest : By comparison to government-backed global currencies, it remains fairly complex for the typical user to acquire and use in regular transactions. Growing interest and significant global investments in Bitcoin wallet and Blockchain technology have nonetheless made buying and selling it far more accessible to the average user. And indeed growing acceptance by government entities have ameliorated the ambiguity of legal and regulatory status for the currency and it's exchanges.