Bitcoin advantages

Limited in Supply: - Bitcoin is limited in supply up to 21 million, but some percentage of bitcoin burned in anonymous wallets, and there are approximately 18 to 19 million bitcoins available on the network, which is significantly less as compared to the other altcoins. The supply of altcoin is very high, and due to the high supply, the price of these coins is significantly less than bitcoin. You know the economics rule, if the demand is high and supply is low, then the price is high, and the supply is high, and demand is low, then the price is low. It is the same in the case of bitcoin, the supply of bitcoin is low, the demand is high, and the value of bitcoin increases day by day.

Market Cap: - The market capitalization of this digital coin is more than one trillion dollars, which is very high. Multiple uses of bitcoin mean anyone can use it for different purposes such as sending, receiving, trading, investing, accepting, online shopping, earning, etc. But you cannot do all these with other cryptocurrencies. Hence, the market capitalizations of these digital coins are much higher than altcoins.

First Cryptocurrency: - Bitcoin was first invented in 2008 by an anonymous person, but the internet shows the name of bitcoin founder as Satoshi Nakamoto. The cryptocurrency started from bitcoin since bitcoin is the first digital coin that was invented ever. Another cryptocurrency is the copy of bitcoin by altering some rules. Every coin is different in the features, but the king cryptocurrency is bitcoin.