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Bitcoin price

Bitcoin Price(BTC)

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BTC
1 BTC =
USD $66,965.02
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Last updated 2024/06/14 07:03 (UTC)
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$ 66,965.02
-0.73%
1D
Page last updated: 2024-06-14 07:03 (UTC+0)
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Price of BTC today

The live price of Bitcoin is $ 66,965.02 per (BTC / USD) with a current market cap of $ 1,320.01B USD. 24-hour trading volume is $ 26.76B USD. BTC to USD price is updated in real-time. Bitcoin is -0.73% in the last 24 hours with a circulating supply of 19.71M.
BTC Price History USD
Date ComparisonAmount Change% Change
Today$ -491.11-0.73%
30 Days$ 4,978.08+8.03%
60 Days$ 527.44+0.79%
90 Days$ -2,170.35-3.14%

BTC Price Information

24h Low & High
The highest and lowest price paid for this asset in 24 hours.
Low: $ 66,304.57
High: $ 68,337.23
The highest and lowest price paid for this asset in 24 hours.
All Time High
The highest price paid for this asset since it was launched or listed.
$ 73,750.07
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
The percent change in trading volume for this asset compared to 1 hour ago.
-0.06%
The percent change in trading volume for this asset compared to 1 hour ago.
Price Change (24h)
The percent change in trading volume for this asset compared to 24 hours ago.
-0.73%
The percent change in trading volume for this asset compared to 24 hours ago.
Price Change (7d)
The percent change in trading volume for this asset compared to 7 days ago.
-5.98%
The percent change in trading volume for this asset compared to 7 days ago.

BTC Market Information

The percentage of Binance customers who increased or decreased their net position in BTC over the past 24 hours through trading.
Popularity
Popularity is based on the relative market cap of assets.
#1
Popularity is based on the relative market cap of assets.
Market Cap
Market cap is calculated by multiplying the asset's circulating supply with its current price.
$ 1,320.01B
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
The total dollar value of all transactions for this asset over the past 24 hours.
$ 26.76B
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
19.71M
93.87%
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
The total number of coins that will ever be created for the crypto asset, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
21.00M
The total number of coins that will ever be created for the crypto asset, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
The total number of coins that will ever be created for the crypto asset, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
$ 1,406.27B
The total number of coins that will ever be created for the crypto asset, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.

About Bitcoin (BTC)

Bitcoin is one of the most popular cryptocurrencies in the market. First introduced in 2009 by Satoshi Nakamoto, Bitcoin continues to the top cryptocurrency according to market capitalization. Bitcoin paved the way for many existing altcoins in the market and marked a pivotal moment for digital payment solutions. 
  
 As the world’s first cryptocurrency, Bitcoin has come a long way in terms of its value. However, one does not have to buy an entire bitcoin as bitcoins can be divided into small units called satoshis, named after the creator. A satoshi is equivalent to 0.00000001 bitcoin.
  
 There is no physical BTC token so Bitcoin operates as a digital currency. Bitcoin transactions are fully transparent and can’t be censored, providing a global, censorship-resistant medium for financial exchange. It’s a financial system backed by decentralized network of computers, known as ‘nodes’, instead of  centralized banking or governmental entity, thereby promoting ‘decentralization’.

Why Is the Bitcoin Price So Volatile?

The price of Bitcoin has been highly volatile since it started because of several factors. Firstly, the crypto market is smaller and not heavily traded like traditional markets, so big trades can make the price swing substantially. Secondly, Bitcoin's value depends on public sentiment and speculation, leading to short-term price changes. Media coverage, influential opinions, and regulatory developments create uncertainty, affecting demand and supply dynamics and contributing to price fluctuations.

Another key factor is Bitcoin's fixed supply. With only 21 million bitcoins ever to be minted, its scarcity can lead to dramatic price changes as demand varies. This is exacerbated by "whales" or large holders of Bitcoin, whose sizable transactions can sway the market considerably.

When Was Bitcoin Created?

Bitcoin was created in 2009 by an unknown person or group of people using the pseudonym Satoshi Nakamoto. The digital asset is based on a decentralized, peer-to-peer network and blockchain technology, allowing users to securely and anonymously send and receive transactions without intermediaries. Satoshi Nakamoto released the Bitcoin whitepaper in 2008, outlining the design and principles of the cryptocurrency. The first Bitcoin transaction, which involved sending 10 bitcoins to a developer, took place on January 12, 2009. Since then, Bitcoin has gained traction as an alternative store of value and payment system, transforming the financial industry.

How Does Bitcoin Work?

Bitcoin runs on a decentralized, peer-to-peer network, making it possible for individuals to conduct transactions without intermediaries. Transactions are transparent and secure thanks to the underlying blockchain technology, which stores and verifies recorded transaction data. Miners validate transactions by solving complex mathematical problems with computational power. The first miner to find the solution receives a cryptocurrency reward, thus creating new bitcoins. Upon validation, the data is added to the existing blockchain, and it becomes a permanent record. Bitcoin provides an alternative way to transact that's transparent and secure, redefining traditional finance.

When Is the Next Bitcoin Halving? 

The fourth Bitcoin halving was completed on April 2024. It is difficult to predict the exact date of the next halving as it depends on the block height. Since halving happens every 210,000 blocks, the next Bitcoin halving is expected to occur in 2028.

Bitcoin halving occurs approximately every four years, where the rewards given to Bitcoin miners for mining blocks are cut in half. Following the halving in April 2024, the reward was cut down to 3.125 BTC per block. Halving was built into the Bitcoin protocol to maintain its value as a deflationary currency.

Does Bitcoin Halving Affect BTC’s Price?

The price movement following the fourth Bitcoin Halving hasn’t been dramatic so far. Analysts believe that the cryptocurrency market is much more mature today than in previous halvings. The current economic conditions could also be a reason for no volatile price movements. 

Other factors such as market sentiment, regulatory developments, and global events can also impact the price of Bitcoin. Follow our Bitcoin Halving Countdown to know how Bitcoin halving works. 
  
 Bitcoin can be purchased on Binance and the live price is updated and available in real time on Binance.

People Also Ask: Other Questions About Bitcoin

  1. How to Buy Bitcoin, a Quick Guide to Purchase BTC? 

    Bitcoin can be purchased directly on Binance with a credit or debit card. You can also trade other cryptocurrencies for Bitcoin on the Binance Exchange. Read our quick guide on How to Buy Bitcoin for more instructions.

  2. How Many Bitcoins Are There? 

    Bitcoin has a circulating supply of 19.69M BTC and a maximum supply of 21,000,000 (21 Million) BTC tokens.

  3. How Much Is Bitcoin Today?

    Bitcoin's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Bitcoin's current price in real-time and its historical data is available on Binance.

  4. What is the All-Time High and All-Time Low of BTC?

    Bitcoin reached an all-time high price of $75,830 on March 14, 2024.  The all-time low price of Bitcoin was $0.04865, which was recorded on Jul 10, 2010.

  5. How Much Is Bitcoin Worth?

    Bitcoin is the leading cryptocurrency by market cap. Since it was introduced, the value of Bitcoin has risen consistently, and its user base has grown over time. The actual value of Bitcoin changes constantly as cryptocurrencies are traded 24/7.
     

  6. What Is Bitcoin Mining?

    Bitcoin mining is the process where miners contribute the processing power of their hardware rigs to solve cryptographic puzzles from each transaction on the Bitcoin blockchain.  Miners receive BTC for solving cryptographic puzzles, and transactions are recorded in blocks that get added to the blockchain. 

  7. How to Store Bitcoin?

    Because BTC is a digital currency, it is stored in a digital wallet. Here are two ways to store your Bitcoin:

    1. Store your BTC on Binance exchange

    If you are looking for quick access to your BTC to facilitate trading, you can consider storing your Bitcoin on the Binance exchange. 

    1. Store your BTC in a Bitcoin wallet

    Alternatively, you can store your BTC in an external BTC wallet. There are hot and cold wallet solutions available in the market with different pros and cons, so you can explore the options to see which one suits you best.

  8. How to Sell Bitcoin?

    We understand that you sometimes need to sell because you might need cash. And as the world’s largest crypto exchange, trusted by millions of users, we offer you some of the 4 ways you can sell your Bitcoin into cash at the rate that’s most favorable to you.

  9. How to Earn Bitcoin?

    Use Binance Earn for a principal guaranteed approach to earn the same number of Bitcoins deposited to Savings and Staking returned to you along with yields paid out in the same type of token. See our Terms & Conditions and FAQs for more details.

  10. Will Bitcoin Go Up Today?

    Check out our Bitcoin Price Prediction page — when deciding on your own price targets. Data displayed are based on user input and not Binance's opinion.

BTC to Local Currency

FiatPriceOperation
1 BTC to USD$ 66,965.02
1 BTC to TRY$ 66,965.02
1 BTC to RUB$ 66,965.02
1 BTC to EUR$ 66,965.02
1 BTC to AED$ 66,965.02
1 BTC to AUD$ 66,965.02
1 BTC to BRL$ 66,965.02
1 BTC to VND$ 66,965.02
1 BTC to IDR$ 66,965.02
Last updated 2024/06/14 07:03 (UTC)

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