Leading cryptocurrency exchange Binance is spotlighting Satoshi, the smallest slice of Bitcoin. In a recent tweet, Binance describes Satoshi. This time it’s not the actual Bitcoin pseudonymous creator Satoshi Nakamoto, but the smallest slice of Bitcoin.
Satoshi is the smallest unit of Bitcoin and is equivalent to 0.00000001. $BTC It was named in honor of its anonymous creator, Satoshi Nakamoto.
Minimum slice of Bitcoin pic.twitter.com/nR0uxmXliW
— Binance (@binance) March 12, 2026
Satoshi, also known as “Sato”, refers to the minimum denomination of Bitcoin. There are 100 million Satoshis per Bitcoin, so 1 Satoshi (sat) is equivalent to 1/100 millionth of Bitcoin’s market price.
The use of Satoshi comes as the value of Bitcoin has increased significantly, requiring smaller denominations for smaller transactions. These small denominations make Bitcoin transactions easier and easier for people to read.
Bitcoin uses only Satoshi as a unit, and the value of 1 Satoshi changes depending on the market value of Bitcoin. One Bitcoin contains 100 million Satoshis, so one Satoshi is 0.00000001. $BTC. At Bitcoin’s current market price of $70,935, each Satoshi is worth $0.00070935.
The identity of Satoshi Nakamoto, the creator of Bitcoin’s pseudonym, remains a mystery.
Bitcoin price fluctuation
Bitcoin hit $70,527 in quiet trading on Thursday, extending its current recovery from Sunday’s low of $65,618.
A brief wave of optimism boosted stocks and cryptocurrencies earlier this week, suggesting that markets are tentatively pricing in prices.
As Bitcoin’s volatility increased this week, the largest cryptocurrency rose to a high of $71,800 on March 18th. Bitcoin’s 30-day implied volatility index has reached its highest level in two weeks. Bitcoin has been stuck in a narrow trading range between $71,700 and $69,000 for the past 48 hours.
Open interest (OI) in crypto futures increased by 2% in the past 24 hours to $102 billion. Bitcoin open interest (OI) increased by 2.45% to $47.21 billion.
A new positive correlation with gold and a rebound in spot Bitcoin ETF inflows led by BlackRock’s IBIT support expectations for a broader recovery heading into the second quarter.