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Bitcoin Price(BTC)

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Coinbase
1.99%
Kraken
0.26%
Binance
0.1%
$ 29,511.70
+1.34%
(1D)

BTC Price Information

24h Low & High
The highest and lowest price paid for this asset in 24 hours.
Low: $ 28,793.61
High: $ 29,523.72
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.
$ 68,789.63
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.
+0.40%
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.
+1.34%
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.
+2.42%
The percent change in trading volume for this asset compared to 7 days ago.
Price Change (7d)
The percent change in trading volume for this asset compared to 7 days ago.
+2.42%
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.
$ 562.07B
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.
$ 21.19B
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
Circulating supply shows the number of coins or tokens that have been issued so far.
$ 19.05M
Circulating supply shows the number of coins or tokens that have been issued so far.
Circulation Supply
Circulating supply shows the number of coins or tokens that have been issued so far.
$ 19.05M
Circulating supply shows the number of coins or tokens that have been issued so far.

About Bitcoin (BTC)

Bitcoin is one of the most popular cryptocurrencies in the market. First introduced in 2009 by Satoshi Nakamoto, Bitcoin has held the crypto market’s number one spot 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 you can think of bitcoin as digital money. Bitcoin transactions are fully transparent and can’t be censored. You can send money to anyone in the world with ease. It’s a financial system backed by thousands of computers, known as ‘nodes’, around the world, instead of a single central bank or government, i.e. hence the term ‘decentralization’. 

Bitcoin Upgrades

Because Bitcoin is decentralized and community-driven, many upgrades to Bitcoin come in the form of formal proposals called Bitcoin Improvement Proposals, or BIPs. This ensures that the software is always undergoing upgrades that can further contribute to the community’s needs. Anyone can propose a BIP, and the community will reject or approve of the BIP collectively. One major upgrade to Bitcoin’s consensus protocol is the SegWit Upgrade, proposed in BIP 141 and designed to help the bitcoin scale to support more transactions to meet growing demand. BIPs like these change Bitcoin’s consensus rules, resulting in forks. 

Bitcoin Forks

Forks are the points where software is copied and modified, resulting in two chains with a shared original chain. There are two types of forks–soft and hard forks. Soft forks are upgrades that still allow un-upgraded nodes to interact with upgraded nodes. Hard forks are upgrades that do not allow un-upgraded nodes to interact with upgraded ones. Bitcoin Cash is an example of a hard fork of Bitcoin.

Because Bitcoin is decentralized, it is not subjected to inflation or any monetary policies created by any central banks or government. Instead, there will only ever be 21 million BTC in existence.

Common Bitcoin Misconceptions 

Bitcoin is just a passing phase.

Bitcoin and blockchain technology introduce solutions for real-world issues, seeking to help the unbanked population, combat counterfeiting and improve cross-border transactions to name a few. Even if we disregard the notion of bitcoin as a speculative asset or store of value, it is likely here to stay and disrupt many sectors.

Bitcoins can be copied and pasted, making them easy to counterfeit.

No, thanks to the Bitcoin protocol, your bitcoin cannot be copied. The word ‘crypto’ in ‘cryptocurrency’ comes from the word ‘cryptography’, a technique that allows for secure communication, meaning that it is impossible to counterfeit bitcoin, unlike fiat. In fact, Bitcoin solves the issue of double-spending, a loophole in traditional digital cash that allows a user to spend the same amount of funds twice.

Bitcoin is bad for the environment.

A significant percentage of bitcoin mining uses renewable energy (wind, solar, hydro etc) instead of traditional energy sources that are bad for the environment. 


People Also Ask: Other Questions About Bitcoin

  1. How Many Bitcoins Are There? 

    Bitcoin has a circulating supply of 18,832,712 BTC and a maximum supply of 21,000,000 (21 Million) BTC tokens.

  2. What Role Does Bitcoin Have as a Store of Value?

    Bitcoin is valued as a useful form of money, and is measured by its growth of users, merchants and accepted locations.

  3. How Is Bitcoin (BTC) Different From Bitcoin Cash (BCH)?

    Bitcoin's block size is capped at 1 MB, while Bitcoin Cash's block size is capped at 32 MB.

  4. Why Do Bitcoin Price Changes Impact Other Coins?

    Due to its pioneer status, a lot of investors view it as the crypto market’s reserve so other coins depend on its value to remain high. 

  5. How Secure Is Bitcoin?

    Bitcoin is secured with a Proof-of-Work (PoW) mechanism,  which means millions of miners work together to secure the decentralized network. Each miner keeps a record of all transactions. Forcing a transaction is impossible because they would have to control 51% of all miners. 

  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 Can I Store My 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.

BTC Price Live Data
The live price of BTC is $ 29,511.70 per (BTC / USD) today with a current market cap of $ 562.07B USD. 24-hour trading volume is $ 21.19B USD. BTC to USD price is updated in real-time. Bitcoin is +1.34% in the last 24 hours. It has a circulating supply of $ 19.05M USD.
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BTC Price Performance USD
ChangeAmount%
Today$ 395.99+1.34%
30 Days$ -8,855.41-30.01%
60 Days$ -9,062.33-30.71%
90 Days$ -6,806.53-23.06%
Top News
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The global cryptocurrency market cap now stands at $1.26T, up by 1.32% over the last day, according to CoinMarketCap data.Bitcoin (BTC) has been trading between $28,700 and $29,603 over the past 24 hours. As of 04:00 PM (UTC) today, BTC is trading at $29,508, up by 1.39%.Most major cryptocurrencies by market cap are trading higher. Market outperformers include PEOPLE, ANT, and OOKI, up by 80%, 38%, and 35%, respectively.Top stories of the day:Luna Foundation Guard acquires 1.97 million AVAX tokensThe Avalanche team announced via Twitter on Thursday that Luna Foundation Guard (LFG) purchased 1.97M AVAX to be used for the Terra reserve pool.OTC Weekly Trading Insights (May 20th): BTC’s Final FrontierRead the weekly report from the Binance OTC team here.Market movers:ETH: $1978.26 (+0.97%)BNB: $311.3 (+4.32%)XRP: $0.415 (+1.17%)ADA: $0.5349 (+4.78%)SOL: $50.69 (+2.72%)DOGE: $0.085 (+1.80%)DOT: $9.9 (+3.02%)AVAX: $29.94 (+4.54%)TRX: $0.07478 (+2.78%)SHIB: $0.00001177 (+2.44%)Top gainers on Binance:PEOPLE/BUSD (+80%)ANT/BUSD (+38%)OOKI/BUSD (+35%)
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The global cryptocurrency market cap now stands at $1.25T, down by -1.74% over the last day, according to CoinMarketCap data.Bitcoin (BTC) has been trading between $28,700 and $30,736 over the past 24 hours. As of 08:00 PM (UTC) today, BTC is trading at $29,275, down by -2.17%.Most major cryptocurrencies by market cap are trading lower. Market outperformers include TROY, SANTOS, and LOKA, up by 29%, 26%, and 22%, respectively.Top stories of the day:Luna Foundation Guard acquires 1.97 million AVAX tokensThe Avalanche team announced via Twitter on Thursday that Luna Foundation Guard (LFG) purchased 1.97M AVAX to be used for the Terra reserve pool.OTC Weekly Trading Insights (May 20th): BTC’s Final FrontierRead the weekly report from the Binance OTC team here.Tether CTO: USDT Reserves is Fully BackedTether’s CTO reiterates that the stablecoin is fully backed.Bitcoin Returns Above $30K, Resistance at $35KThe relative strength index (RSI) on the daily chart is rising from oversold levels, which could keep short-term buyers active.Avalanche Says Luna Foundation Guard Has 'Disclosed No Plans' for AVAX TokensThe market value of the AVAX stash is about $60 million, making it the second-largest holding in LFG’s dwindling $240 million treasury.Market Wrap: Cryptos Pare Earlier Losses, Bitcoin OutperformsBitcoin (BTC) briefly rose above $30,000 on Tuesday, extending its weeklong trading range higher.Market movers:ETH: $1968.22 (-1.17%)BNB: $302.1 (-0.40%)XRP: $0.4111 (-1.27%)ADA: $0.5131 (-2.12%)SOL: $50.2 (-2.37%)DOGE: $0.0841 (-1.87%)DOT: $9.76 (-1.71%)AVAX: $29.43 (-0.54%)TRX: $0.0704 (-3.77%)SHIB: $0.00001166 (-0.43%)Top gainers on Binance:TROY/BUSD (+29%)SANTOS/BUSD (+26%)LOKA/BUSD (+22%)
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