cryptocurrency widget, price, heatmap
icon user

Log in

cryptocurrency widget, price, heatmap

Add watchlist

icon add
Cryptocurrencies/Coins/Bitcoin (BTC)
Bitcoin price, market cap on Coin360 heatmap

Bitcoin(BTC)

Arrow icon
Add to Watchlist
$63,399.92
(-2.63%)
1.00000000 BTC
Market Cap (Rank#1)
$1,248,333,857,237
19,689,833 BTC
Vol 24h
$17,456,241,355
275,335 BTC
Circulating Supply
19,689,834
Max Supply
21,000,000
1h agonulltx
Investors Flock To Algotech Presale Amid Healthy Market Trends; Cardano And MATIC Book Small Gains
The crypto market bull run seems to be shaking after Bitcoin’s (BTC) recent halving event prompted stabilization and increased demand for various altcoins. Although Cardano (ADA) and Polygon (MATIC) investors profited from the market surge, analysts reveal that Algotech’s (ALGT) 87.5% ROI is more appealing to new and seasoned investors. […]
1h agocoindesk
Bitcoin Dips to $63K as Rate Cut Hopes Dim Following Disappointing U.S. Inflation Report
Increasing concerns about sticky inflation hit risk assets across all markets including cryptos.
2h agocoindesk
First Mover Americas: Bitcoin Drops Below $64K, Ether Falls
The latest price moves in bitcoin (BTC) and crypto markets in context for April 25, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
7h agocoindesk
'Buy Bitcoin' Sign Sold for Over $1M at Auction
Proceeds will go to fund the development of Bitcoin layer-2 lightning startup Tirrel Corp.
7h agocoindesk
Morgan Stanley May Soon Allow Brokers to Pitch Bitcoin ETFs to Customers: Report
The move may bring fresh energy and capital into the spot ETFs.
8h agocoindesk
BlackRock's Bitcoin ETF Snaps 71-Day Inflow Streak, Data Show
Inflows have slowed this month, taking the wind out of the bitcoin bull run.
11h agonulltx
BDAG Surpassing SOL, OP, ETH, RNDR, DOGE, & BlastUP
BlockDAG’s Phenomenal $20.3 Million Growth Outshines Solana, Dogecoin, and More Following Its Moonshot Teaser As the cryptocurrency market navigates post-Bitcoin halving dynamics, BlockDAG emerges as a front-runner, amassing an impressive $20.3 million in its latest presale. This figure underscores robust investor confidence and positions BlockDAG alongside prominent cryptocurrencies such as […]
17h agonulltx
Tron and New Crypto Raboo See Sharp Increase in Investment. Uniswap Faces SEC Suit
The crypto market is beginning to simmer following the Bitcoin halving event. However, the wealth isn’t being universally shared. As the Uniswap price suffers in response to a lawsuit from the Securities and Exchange Commission (SEC), Tron is experiencing a surge in value and interest. Meanwhile, the meme coin sector […]
18h agonulltx
Bitcoin (BTC) Needs To Reach $80,000 For BTC Miners To Be Profitable. What Does This Mean For Crypto?
The Bitcoin halving event has been highly anticipated in the crypto world. Apart from the significance of the event itself, many look forward to the bull market that has historically accompanied every Bitcoin halving event.  However, with the block rewards now reduced to 3.125 BTC, miners need Bitcoin (BTC) to […]
22h agocoindesk
Spot Bitcoin, Ether ETFs Get Official Approval in Hong Kong; 'Potential Fee War' Unfolding, Says Analyst
One of the issuers waived management fees for the first six months, undercutting rival offerings.
1 day agocoindesk
Jack Dorsey’s Block Is Building a Bitcoin Mining System
The firm also completed the development of its three-nanometer mining chip, which it had been working on since April 2023.
1 day agocoindesk
Some Square Users Can Now Convert Their Dollars to Bitcoin Via Cash App
Bitcoin Conversions will charge a flat 1% fee to automatically convert a portion of merchant revenues into BTC.
1 day agocoindesk
Bitcoin Payments App Strike Launches for European Customers
Strike, the payments application using the Bitcoin blockchain, has launched in Europe, allowing customers to buy, sell and withdraw bitcoin {{BTC}} in the region, it announced Wednesday.
1 day agocoindesk
First Mover Americas: Hedera's HBAR Soars on Exaggerated BackRock Link
The latest price moves in bitcoin (BTC) and crypto markets in context for April 24, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
1 day agonulltx
Altcoin Markets Surge As Bitcoin Rebounds: Analysis Of Top Tokens
As Bitcoin surges back above $67,000, altcoin markets are experiencing a resurgence, with profits flowing into more speculative cryptocurrency assets. According to insights from @santimentfeed’s dashboard, two tokens have particularly caught the attention of traders: $POPCAT: This memecoin has seen a remarkable 41% increase in market capitalization over the past […]
1 day agonulltx
Bitcoin Halving Spurs Debate Over Transaction Fees Amidst Runes Protocol Debut
The recent Bitcoin halving on Friday has reignited discussions surrounding the cryptocurrency’s high transaction fees, particularly in light of the Runes Protocol’s debut. While some view the surge in fees as a drawback, others argue that it could ultimately benefit the broader crypto market by prompting a rebound.
1 day agonulltx
Top 5 Crypto Presales: BlockDAG vs Dogeverse, Slothana, Mega Dice
BlockDAG Beats Dogeverse, Slothana, Mega Dice, 99Bitcoins & 5thScape to Become Top 5 Crypto Presale with $19.8M Raised BlockDAG has surged to the forefront of the cryptocurrency presale market, distinguishing itself as the leader by amassing an impressive $19.8 million. This remarkable achievement positions it ahead of other notable competitors […]
1 day agonulltx
Top Crypto Presales: BlockDAG vs Dogeverse, Slothana, Mega Dice
BlockDAG Emerges as the Top Crypto Presale with $19.8M Raised, Beats Dogeverse, Slothana, Mega Dice, 99Bitcoins & 5thScape   BlockDAG has rapidly ascended to the top of the crypto presale market, outshining competitors like Dogeverse, Slothana, Mega Dice, 99Bitcoins, and 5thScape by raising an impressive $19.8 million. This notable achievement highlights […]
1 day agocoin360
Coin360 Daily Dispatch | Crypto Market Updates & Highlights | April 23, 2024
What's Next for Bitcoin and Ethereum? Regulatory Updates Revealed
2 days agonulltx
Litecoin (LTC) And Fetch.AI (FET) Fails Investors, ETFSwap (ETFS) Ready For 10,000% Bounce
In early April 2024, the crypto industry experienced a significant shakedown in price, which severely affected the market. Bitcoin (BTC), the largest cryptocurrency, fell below $60,000, and Ethereum (ETH) broke its $3,000 support level. While the market seems to have rebounded, investors of Fetch.AI (FET) and Litecoin (LTC) are still […]
2 days agonulltx
BITCOIN PRICE ANALYSIS & PREDICTION (April 22) – BTC Brews For Post-Halving Bull Run As Potential Breakout Lies Ahead
Bitcoin’s BTC fear and greed index now stands at 62 following recent bullish sentiment surrounding the market. Its dominance level increased by 2% since last week and the price entered a new trading range today. As expected, Bitcoin’s landscape is slowly changing on the daily chart since the price bounced […]
2 days agocoin360
Coin360 Daily Dispatch | Crypto Market Updates & Highlights | April 22, 2024
From Bitcoin's record transaction fees to fresh blockchain buzz and crypto controversies—get all the latest insights in one spot!
3 days agocoin360
Is Bitcoin Finally Ready for Fungible Tokens? Bitcoin Runes Explained
Revolutionize Bitcoin with Runes: Streamlined Token Creation
5 days agocoin360
Coin360 Daily Dispatch | Crypto Market Updates & Highlights | April 20, 2024
How the latest Bitcoin halving and Runes protocol are redefining the cryptocurrency landscape.

About Bitcoin?

The live price of Bitcoin (BTC) today is 63,399.92 USD, and with the current circulating supply of Bitcoin at 19,689,834 BTC, its market capitalization stands at 1,248,333,857,237 USD. In the last 24 hours BTC price has moved -2,161.83 USD or -0.03% while 14,990,913,536 USD worth of BTC has been traded on various exchanges. The current valuation of BTC puts it at #1 in cryptocurrency rankings based on market capitalization.

Learn more about the Bitcoin blockchain network and how it works or follow the price of its native cryptocurrency BTC and the broader market with our unique COIN360 cryptocurrency heatmap.

Bitcoin, the pioneering cryptocurrency, has established itself as a formidable player in the digital currency market.

The price of Bitcoin is known for its volatility, influenced by factors like market sentiment, regulatory news, and large trades by significant holders known as "whales". Despite these fluctuations, Bitcoin has shown a remarkable journey since its inception in 2009, often being viewed as a store of value or "digital gold".

The cryptocurrency's decentralized nature and the underlying blockchain technology have been central to its appeal, offering a level of security and transparency not typically found in traditional financial systems. Bitcoin's fixed supply of 21 million coins adds to its scarcity, often cited as a reason for its value appreciation over time.

Background and Development

Bitcoin, an innovative peer-to-peer electronic cash system introduced by Satoshi Nakamoto on October 31, 2008, represents a significant leap in global financial policy. Beyond merely a cryptocurrency, Bitcoin's blockchain technology has found applications in diverse fields like supply chain management and energy trading, demonstrating its versatile impact.

Origin and Ideology

The origin of Bitcoin ties closely with cryptographic proof, eliminating the need for trust in financial transactions. Its inception signaled the start of a new era in digital currency, with its ideology deeply resonating with communities valuing decentralization, individual freedom, and privacy, notably among tech enthusiasts, libertarians, and crypto-anarchists.

Pre-History and Community Influence

Understanding Bitcoin's history necessitates exploring its pre-history in online forums of cryptographers and computer scientists. Influential communities like the Extropians and Cypherpunks, advocating for technological solutions for social improvement and privacy, were instrumental in shaping Bitcoin's development.

Technical Lineage and Early Development

Bitcoin’s technical lineage is rich, building upon previous research in distributed systems and financial cryptography. It drew inspiration from digital cash experiments like Hashcash, B-money, and Bit Gold, incorporating public key cryptography for secure, encrypted communication. 

The early days of Bitcoin saw it as an open-source project, attracting significant contributions from a global community of developers. Its first transaction on January 12, 2009, marked the beginning of a new era in transactional currency.

Historical Milestones

  • Bitcoin Pizza Day: The real-world value of Bitcoin was first demonstrated on May 22, 2010, when 10,000 Bitcoins were exchanged for two pizzas, marking a significant milestone in its history as a transactional currency.

  • Mining Industry Evolution: Initially a small-scale activity, Bitcoin mining evolved into a large-scale operation, with the formation of the first mining pool, Slush Pool, in 2010.

  • Silk Road Influence: Bitcoin's association with the Silk Road, an online marketplace infamous for illegal activities, played a pivotal role in its early history.

  • Satoshi's Exit: The departure of Satoshi Nakamoto from the Bitcoin project in April 2011 underscored its decentralized nature.

  • WikiLeaks and Bitcoin: In 2011, WikiLeaks began accepting Bitcoin donations, highlighting its utility as a censorship-resistant currency. 

  • Mt. Gox Incident: The fall of Mt. Gox in 2014, once the largest Bitcoin exchange, raised awareness about the risks of centralized cryptocurrency management.

  • Regulatory Developments: The emergence of regulatory frameworks, such as New York's BitLicense, significantly influenced the cryptocurrency business landscape and adoption.

  • The Lightning Network: Introduced as a solution to Bitcoin's scalability issues, the Lightning Network enables off-chain transactions, improving Bitcoin's transaction capacity.

  • Bitcoin Scaling Wars: The debate around Bitcoin's scalability, especially concerning block size and network decentralization, led to forks like Bitcoin Cash and Bitcoin SV, as well as layer 2s like Stacks and Liquid.

  • Bitcoin Halvings: Crucial to Bitcoin's economic model, halvings reduce the reward for mining new blocks, thus influencing Bitcoin's scarcity and value. Previous halvings occurred in November 2012, July 2016, and May 2020. Each halving event has historically led to increased attention and speculation about Bitcoin's price.

  • Upcoming Bitcoin Halving: The next Bitcoin halving is anticipated around 2024, based on the mining of block #840,000. This event is closely watched by the cryptocurrency community for its potential impact on Bitcoin's price and mining ecosystem.

Historical Price Analysis

2013 Surge and Drop

In 2013, Bitcoin first surged past $1,000, marking its entry into mainstream awareness. However, this was followed by a significant drop, showcasing early volatility.

2017 Spike and 2018 Dip

A landmark year, 2017 saw Bitcoin reach nearly $20,000, driven by a surge in public and investor interest. This peak was short-lived, as 2018 saw a drastic decline, with prices falling below $4,000.

Stabilization in 2019-2020

Beginning 2019 around $3,700, Bitcoin saw gradual growth throughout the year. The pandemic in 2020 initially caused a sharp decline, dropping Bitcoin to about $5,000 in March. However, by the end of 2020, it recovered to close to $29,000, fueled by increasing institutional interest and its role as a digital asset amidst economic uncertainty.

2021 Peak and Fluctuations

The ATH of $69,044 in November 2021 was a significant milestone, reflecting growing mainstream acceptance. However, 2022 began with a downturn, with the price falling to $46,319.65 by January and further to around $16,540.69 by January 2023. As of December 2023, Bitcoin's price hovered around $40,000s, indicating a consolidation phase after the volatile previous year.

How Bitcoin Works

  • Decentralized Network: Operates on a distributed ledger, not controlled by any single entity.

  • Limited Supply: Capped at 21 million coins, preventing inflation.

  • Proof of Work Consensus: Miners solve complex problems to validate transactions and create new blocks.

  • Security: Highly secure, leveraging cryptographic techniques to protect transactions.

  • Peer-to-Peer Transactions: Enables direct transactions between users without intermediaries.

  • Transparency: Every transaction is recorded on the blockchain, visible to all.

  • Global Accessibility: Available to anyone with internet access, regardless of location.

BTC News, Ecosystem, and Highlights

Ecosystem Overview

In 2023, the Bitcoin ecosystem has evolved significantly, incorporating new layers and functionalities that extend beyond its original scope. Notably, Bitcoin has embraced Layer 2 solutions (L2s), decentralized finance (DeFi), non-fungible tokens (NFTs), decentralized exchanges (DEXes), and gaming platforms. These advancements have enriched the Bitcoin ecosystem, offering a variety of decentralized applications (Dapps) that leverage Bitcoin's robust network.

Key Developments and Partnerships

  • DeFi on Bitcoin: With the Taproot upgrade in November 2021, Bitcoin's ecosystem started supporting Dapps, enabling a broader range of DeFi activities. 

  • NFTs and Marketplaces: The introduction of Bitcoin Ordinals has spurred the development of NFTs on the Bitcoin network. Marketplaces such as Gamma and major centralized exchanges like Binance and OKX now support Bitcoin NFTs, enabling the creation, minting, and trading of these digital assets.

  • Bitcoin Wallets: The rise of Ordinals has also led to the development of new Bitcoin wallets capable of distinguishing between standard and inscribed Satoshis (Ordinals). Notable examples include UniSat and XDEFI Wallet, offering features like marketplace integration and support for multiple blockchains.

  • Community and Network Support: The Bitcoin ecosystem is supported by a vibrant community of developers, investors, and users. Platforms like Stacks foster community engagement through events, forums, and working groups, contributing to the ongoing development and adoption of Bitcoin-related technologies.

Bitcoin ETF Fever

In 2023, the Bitcoin ETF landscape is marked by significant developments, particularly around spot Bitcoin ETFs. Key players like BlackRock have updated their ETF proposals, notably allowing cash redemptions, to align with the U.S. Securities and Exchange Commission (SEC) requirements. This strategic update by BlackRock, the world's largest asset manager, indicates a strong push for approval in the near future.

Other major institutions, including Fidelity and VanEck, are actively involved in proposing Bitcoin ETFs. These entities often collaborate with major exchanges such as Coinbase to meet the SEC's criteria, particularly the need for surveillance-sharing agreements, which are essential for monitoring and deterring market manipulation.

Despite these developments, the SEC remains cautious, having denied all previous spot Bitcoin ETF applications due to fraud concerns. The debate continues over whether the existing Bitcoin market is sufficiently regulated and large enough to support a spot Bitcoin ETF. The role of exchanges like Coinbase, recognized as significant players in the crypto market, is also crucial in this context.

The efforts to establish Bitcoin ETFs, including both spot and futures variants, are pivotal in integrating the cryptocurrency market with traditional financial systems. The decisions by regulatory bodies like the SEC will significantly influence the inclusion of Bitcoin in diverse investment portfolios.

Frequently Asked Questions about BTC

1. Beyond its market dominance, what makes Bitcoin uniquely valuable compared to other cryptocurrencies?

Bitcoin's first-mover advantage and widespread adoption grant it unparalleled legitimacy and stability. Its decentralized nature and limited supply (21 million coins) foster trust and long-term value appreciation. While newer cryptos may offer faster transactions or specialized DeFi features, Bitcoin remains the digital gold standard, a secure store of value in a volatile market.

2. Does Bitcoin have any real-world uses beyond speculation and investment?

Absolutely! Bitcoin facilitates direct, borderless payments without intermediaries. Businesses have increasingly begun accepting Bitcoin for various services, and individuals use it for international transactions or online purchases. Moreover, the emergence of Layer 2 solutions and DeFi apps on Bitcoin expands its utility into areas like micropayments, lending, and even gaming.

3. What are the environmental concerns surrounding Bitcoin mining and its energy consumption?

Bitcoin's proof-of-work (PoW) consensus mechanism requires significant energy for miners to solve complex problems. This raises concerns about its environmental impact and carbon footprint. However, several initiatives are promoting greener mining practices, such as switching to renewable energy sources and exploring alternative consensus mechanisms like proof-of-stake.

4. How does the upcoming Bitcoin halving in 2024 potentially affect its price and the mining ecosystem?

The halving event will further reduce the reward for miners, creating additional scarcity and potentially driving up Bitcoin's price. This may initially attract more miners, increasing competition and network security. However, the reduced rewards might also incentivize some miners to leave, potentially impacting the network's hash rate.

5. Given the regulatory uncertainties surrounding Bitcoin, what are the potential risks and opportunities for future adoption?

While regulatory concerns and lack of clarity still pose challenges, increasing institutional interest and the growing Bitcoin ecosystem demonstrate promising potential. The approval of Bitcoin ETFs could significantly boost mainstream adoption and integrate Bitcoin into traditional financial systems. However, regulatory oversight remains crucial to address issues like market manipulation and consumer protection.

Bitcoin Price63,399.92 USD
Market Rank#1
Market Cap1,248,333,857,237 USD
24h Volume17,456,241,355 USD
Circulating Supply19,689,834 BTC
Max Supply21,000,000 BTC
Yesterday's Market Cap1,265,941,872,640 USD
Yesterday's Open / Close66,456.92 USD / 64,295.09 USD
Yesterday's High / Low67,027.11 USD / 63,755.57 USD
Yesterday's Change
-0.03% ( 2,161.83 USD )
Yesterday's Volume14,990,913,536 USD
Mining Info
Hashing algorithmSHA-256
Pools (known)70
Pools Hashrate671.49 EH/s
Network Hashrate705.38 EH/s
By MiningPoolStats
MiningPoolStatsVisit
Select...
/
Select...
Powered by  Cryptocurrency prices in USD, market cap, volume
Sorry, no liquidity for this pair
Community
reddit icontwitter iconfacebook icon
Source Code
cryptocurrency widget, price, heatmap
v 5.6.10
© 2017 - 2024 COIN360.com. All Rights Reserved.
Arrow icon