Bitcoin sits at 76,682 dollars after several days of descents

Bitcoin was at 76,682 dollars at 08:35 on 3 November, after several days of descents that have brought a weekly variation of -1.41%.

Bitcoin remains the cryptocurrency with the largest market capitalisation, a position supported in part by its most distinctive feature: limited supply. Since its development, it was established that the total number of bitcoins in circulation cannot exceed 21 million, and the progressive issuance of new units continues to approach that threshold, currently at 95.74%.

In recent years, bitcoin has reaffirmed itself as an investment alternative to traditional financial assets. Supported by blockchain technology, this cryptoasset has attracted an increasingly broad spectrum of investors. In its early days, the market was mainly made up of retail participants, but as adoption has advanced — especially after the introduction of spot bitcoin exchange-traded funds (ETFs) — institutional investors have gained prominence, contributing to greater stability and a gradual reduction in the market's volatility.