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Bitcoin priceBTC

Name: Bitcoin
Brand: Bitget
Price: 97181.66 USD
Availability: InStock
Rating: 4.5 (129 reviews)

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Price of Bitcoin today

The live price of Bitcoin is $97,181.66 per (BTC / USD) today with a current market cap of $1.92T USD. The 24-hour trading volume is $60.82B USD. BTC to USD price is updated in real time. Bitcoin is 0.38% in the last 24 hours. It has a circulating supply of 19,799,204 .

What is the highest price of BTC?

BTC has an all-time high (ATH) of $108,268.45, recorded on 2024-12-17.

What is the lowest price of BTC?

BTC has an all-time low (ATL) of $0.04865, recorded on 2010-07-14.

Why does the price of BTC always fluctuate? What factors affect the performance of BTC prices?

Several factors influence BTC price. “What causes Bitcoin's price fluctuations?” can help you understand the reasons behind BTC's price movements in real-time. Learn more >>

Calculate Bitcoin profit

Bitcoin price prediction

When is a good time to buy BTC? Should I buy or sell BTC now?

When deciding whether to buy or sell BTC, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget BTC technical analysis can provide you with a reference for trading.

According to the BTC 4h technical analysis, the trading signal is Sell.

According to the BTC 1d technical analysis, the trading signal is Neutral.

According to the BTC 1w technical analysis, the trading signal is Strong buy.

What will the price of BTC be in 2025?

Based on BTC's historical price performance prediction model, the price of BTC is projected to reach $195,197.29 in 2025.

What will the price of BTC be in 2030?

In 2030, the BTC price is expected to change by -13.80%. By the end of 2030, the BTC price is projected to reach $310,250.1, with a cumulative ROI of +219.19%.

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Bitcoin technical analysis

Bitcoin price prediction

Bitcoin price history (USD)

The price of Bitcoin is +123.38% over the last year. The highest price of BTC in USD in the last year was $108,268.45 and the lowest price of BTC in USD in the last year was $38,521.89.

TimePrice change (%)

Lowest price

Highest price

24h+0.38%$95,384.8$99,507.1

7d-4.37%$92,175.18$108,268.45

30d+0.07%$90,770.81$108,268.45

90d+54.66%$58,895.21$108,268.45

1y+123.38%$38,521.89$108,268.45

All-time+157144450.00%$0.04865(2010-07-14, 14 years ago )$108,268.45(2024-12-17, 5 days ago )

Bitcoin price historical data (all time).

Bitcoin market information

Market cap

$1,924,119,347,853.58

+0.38%

Fully diluted market cap

$2,040,814,789,611.74

+0.38%

Volume (24h)

$60,820,521,941.62

-50.88%

Market rankings

Circulation rate

100.00%

24h volume / market cap

3.16%

Circulating supply

19,799,204 BTC

Total supply / Max supply

19,799,203 BTC

21,000,000 BTC

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Bitcoin ratings

Average ratings from the community

4.7

129 ratings

This content is for informational purposes only.

About Bitcoin (BTC)

Bitcoin (abbreviation: BTC; sign: ₿) is the most well-known and most traded cryptocurrency for more than a decade. The "satoshi" or "sat" is the smallest unit of Bitcoin, with each satoshi equal to 0.00000001 Bitcoin.

Despite its name, Bitcoin is not a physical coin. It exists purely as digital data on blockchain, a distributed ledger that records all transactions made with Bitcoin. Users can store their Bitcoins in digital wallets, which can be software-based or hardware-based for added security.

As one of the first cryptocurrencies on the market, Bitcoin has often faced skepticism for its value. Yet, it continues to meet expectations, reaching an all-time high of nearly $100,000 in November 2024.

What Is Bitcoin (BTC)?

Bitcoin (BTC) is a decentralized digital currency that operates without the need for a central authority or intermediary, such as a bank or government. It enables users to send and receive value globally with low transaction fees. Bitcoin is built on blockchain technology, a distributed ledger that records all transactions in a secure and transparent manner.

Often referred to as the first-ever cryptocurrency, Bitcoin has become the foundation of the entire cryptocurrency market. Its defining features include decentralization, scarcity (with a fixed supply of 21 million coins), transparency, and the immutability of its transaction records.

When Was Bitcoin Created?

Bitcoin was officially created on January 3, 2009, when its first block, known as the Genesis Block or Block 0, was mined. This event marked the start of the Bitcoin blockchain and the world’s first decentralized cryptocurrency system. The Genesis Block contained a message "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks", symbolizing Bitcoin’s purpose as an alternative to traditional financial systems.

Who Created Bitcoin?

Bitcoin was created by an individual or group of individuals under the pseudonym Satoshi Nakamoto. Satoshi introduced Bitcoin to the world through the publication of a whitepaper titled " Bitcoin: A Peer-to-Peer Electronic Cash System" in October 2008.

Despite numerous efforts to uncover Nakamoto's true identity, as of 2024, the real person or group behind the pseudonym remains unknown. Satoshi Nakamoto actively developed and communicated with the early Bitcoin community until stepping away from the project in 2010, leaving its future in the hands of developers and the broader community.

History of Bitcoin

The history of Bitcoin is marked by key milestones, technological advancements, and increasing adoption:

2008 Bitcoin Launch

The Bitcoin whitepaper was published by Satoshi Nakamoto on October 31, 2008, proposing a decentralized electronic cash system.

2009 Bitcoin Milestones

The Genesis Block (Block 0) was mined on January 3, 2009
The first Bitcoin transaction took place between Satoshi Nakamoto and Hal Finney on January 12, 2009.

2010 The Bitcoin First Transactions

The first real-world Bitcoin transaction occurred when 10,000 BTC was used to buy two pizzas (now celebrated as Bitcoin Pizza Day on May 22).
Bitcoin gained its first monetary value when it was traded on an online exchange at less than $0.003.

2011 Crypto Growth

Other cryptocurrencies, like Litecoin (LTC), emerged, inspired by Bitcoin's success.
Bitcoin reached parity with the US dollar for the first time.

2013 Bitcoin Boom

Bitcoin experienced its first major price boom, reaching $1,000.
Increased public attention, alongside regulatory scrutiny, began to shape Bitcoin's role in the financial system.

2017 Bitcoin Surge

Bitcoin underwent a significant surge, hitting an all-time high of nearly $20,000 in December.
The introduction of Bitcoin futures by CME and CBOE increased mainstream adoption.

2020–2021 BTC Investment

Institutional investment in Bitcoin grew, with companies like Tesla and MicroStrategy buying large amounts of BTC. Bitcoin hit $69,000 in November 2021.

Recent Years BTC New Evolution

In 2023, Ordinals - non-fungible tokens (NFTs), were officially launched on the Bitcoin blockchain.
Bitcoin continues to face challenges like regulatory scrutiny, competition from newer blockchains, and environmental concerns due to its energy-intensive mining process. Despite volatility, it remains the largest cryptocurrency by market capitalization.

How Bitcoin Works

With Bitcoin, individuals can send and receive payments without relying on banks or intermediaries. This decentralized digital currency operates on blockchain technology, a secure and transparent digital ledger that records all transactions. The ledger is maintained by a network of computers (nodes) distributed around the world, ensuring no single entity controls the system. Users store Bitcoin in digital wallets, which consist of a public key (used to receive Bitcoin) and a private key (used to securely authorize transactions).

For instance, let's consider that Tom wants to send 1 BTC to Anna. The network checks that Tom has the necessary funds and signs the transaction with his private key. The transaction is broadcast to the network, where miners compete to solve a cryptographic puzzle. The first miner to solve it validates the transaction, adds it to the blockchain, and is rewarded with newly created Bitcoin. This confirms the transaction and ensures the network's security.

Why Is the Bitcoin Price So Volatile?

The price of Bitcoin has been highly volatile since the beginning, due to several key reasons. One major factor is its limited supply, as only 21 million Bitcoins will ever exist. This scarcity means that when more people want to buy Bitcoin, the small supply can cause prices to rise quickly. On the other hand, if demand drops, prices can fall just as fast. Another reason is the influence of large investors, often called "whales," who hold significant amounts of Bitcoin. If a whale sells a large portion of their holdings, the sudden increase in supply can cause the price to drop sharply.

You can notice that the market size of Bitcoin is relatively small compared to traditional assets like gold. Because the market is smaller, even modest transactions can lead to noticeable price changes. Media and regulatory news also play a big role in driving Bitcoin's price swings. Additionally, Bitcoin's value is driven by speculation since it doesn’t produce steady cash flows like traditional investments. Finally, as the cryptocurrency market is still new, Bitcoin's price is in a stage of discovery, which leads to frequent and unpredictable changes. Over time, as the market matures, these swings might become less extreme.

What Makes Bitcoin Valuable?

Bitcoin is more than just a digital currency—it actually checks all the boxes for what defines money. First, there’s scarcity: only 21 million Bitcoins will ever exist, making it rare and valuable, kind of like gold. Second, it works as a medium of exchange since more and more merchants and platforms around the world accept Bitcoin for buying goods and services, showing it’s practical for real-life transactions.

It’s also starting to act as a unit of account, with businesses and individuals pricing items in Bitcoin, even though its value can swing up and down. And lastly, Bitcoin is seen as a store of value because it’s decentralized, secure, and its limited supply makes it a solid way to preserve wealth over time. That’s why people often call it "digital gold"—it’s becoming a modern way to hold and grow value in a rapidly changing financial world.

When Is the Next Bitcoin Halving?

What Is Bitcoin Halving?

Bitcoin experiences a significant event known as " halving" approximately every four years. This event halves the reward for mining new blocks, effectively reducing the rate at which new bitcoins are created. Halving continues until the total supply of Bitcoin reaches its cap of 21 million coins, expected around the year 2140. This is a key element in Bitcoin's design, intended to control the supply of the currency.

Historical Halvings

First Halving (2012): Occurred on November 28, reducing the block reward from 50 BTC to 25 BTC. The price at the time was approximately $12, and it rose significantly, reaching around $1,100 by late 2013.
Second Halving (2016): Took place on July 9, cutting the reward from 25 BTC to 12.5 BTC. Bitcoin's price was about $650 on the day of the halving and surged to nearly $20,000 by December 2017.
Third Halving (2020): Happened on May 11, lowering the reward from 12.5 BTC to 6.25 BTC. The price was approximately $8,600 at the time and later reached an all-time high of $69,000 in November 2021.
Fourth Halving (2024): Took place on April 20, reducing the block reward to 3.125 BTC. The price during the halving was about $73,800, with Bitcoin nearing $100,000 later in the year.

The 2028 Halving

The next Bitcoin halving is expected to occur in 2028, reducing the block reward from 3.125 BTC to 1.5625 BTC. The exact date of the halving is uncertain, as it depends on the block height. Market participants are already speculating on how this reduction in supply might influence demand and, subsequently, Bitcoin’s price.

Does Bitcoin Halving Affect BTC’s Price?

Bitcoin halving has historically had a significant impact on its price, often contributing to major bull runs. By reducing the rate at which new Bitcoins are created, halvings make Bitcoin scarcer, increasing its appeal to investors who value its limited supply. However, other factors like market conditions, macroeconomic trends, and adoption rates also play a crucial role in determining Bitcoin's price.

While historical trends suggest a positive correlation between halving events and price growth, past performance does not guarantee future results. The 2028 halving will likely attract significant attention and speculation, making it a key event for Bitcoin enthusiasts and investors alike.

Potential Use Cases for Bitcoin

Digital Medium of Exchange: Bitcoin facilitates direct transactions without intermediaries, making it ideal for cross-border payments with lower fees and faster processing.
Store of Value: As "digital gold," Bitcoin is used to hedge against inflation and preserve wealth due to its scarcity and independence from traditional financial systems.
Integration with Fintech and IoT: Bitcoin can power innovative fintech solutions and IoT microtransactions, enabling automated payments and efficient financial products.
Financial Empowerment and Inclusion: Bitcoin provides financial access to unbanked populations, allowing secure savings and transactions without relying on traditional banking systems.

What Is Bitcoin Mining?

Bitcoin mining is the process of creating new Bitcoins and confirming transactions on the Bitcoin network. It is based on a system called Proof-of-Work (PoW), where miners use powerful computers to solve difficult math problems. When a miner solves one of these problems, they get to add a block of transactions to the blockchain, which is Bitcoin’s public ledger. As a reward, the miner who solves the problem first receives newly created Bitcoins and the transaction fees from the block. However, mining requires a lot of computing power and electricity, which has raised concerns about its environmental impact.

Bitcoin mining also protects the network from attacks. For example, a 51% attack could happen if one group controls more than half of the network’s mining power. This would allow them to reverse or block transactions, undermining trust in the system. However, the huge cost and computing power required to carry out such an attack makes it highly unlikely on the Bitcoin network.

When Did Bitcoin Blow Up

Bitcoin's rise to prominence, often referred to as when it "blew up," happened in several key phases:

2013 - First Big Breakout: Bitcoin gained significant attention when its price jumped from under $100 to over $1,000 by the end of 2013. This was driven by early adoption, growing awareness, and increased media coverage, marking its first major "blow-up" moment.
2017 - Mainstream Explosion: Bitcoin truly entered the mainstream in 2017 when its price skyrocketed from around $1,000 in January to nearly $20,000 in December. This surge was fueled by a mix of public interest, the emergence of initial coin offerings (ICOs), and institutional interest in cryptocurrencies.
2020–2021 - Institutional Adoption: Another major milestone came during 2020 and 2021 when institutional investors like Tesla and MicroStrategy began investing heavily in Bitcoin. This increased its credibility and drove prices to an all-time high of $69,000 in November 2021.
2024 - Nearing $100,000: In 2024, Bitcoin approached $100,000, its highest price ever, following the approval of Bitcoin spot ETFs and growing mainstream and institutional adoption. Political events, including Donald Trump’s re-election and his pro-crypto stance, further boosted interest.

Where Can I View Bitcoin News

If you’re looking for the latest Bitcoin updates and crypto news, Bitget has you covered. Bitget News keeps you informed with real-time updates, market trends, and all the latest happenings in the crypto world

Ready to learn more? Bitget Academy is the perfect place, offering simple guides, trading tips, and insights for both beginners and experienced traders.

What Are the Common Bitcoin Chart Analysis?

If you want to understand Bitcoin’s price movements and make informed trading decisions, chart analysis is a must. Bitcoin real-time chart offers minute-by-minute updates for active traders, while Bitcoin trading chart allow deeper analysis with indicators like RSI and MACD. Bitcoin historical price chart helps spot long-term trends and key support/resistance levels. Tools like candlestick charts, moving averages, RSI, and volume are crucial for identifying trends and reversals.

For accurate charting and real-time updates, Bitget provides comprehensive tools to help you navigate Bitcoin’s price action and trade smarter.

For interested investors, Bitcoin can be traded easily on Bitget. Bitcoin's price today is updated and available in real-time on Bitget.

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How to buy Bitcoin(BTC)

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Trade BTC perpetual futures

After having successfully signed up on Bitget and purchased USDT or BTC tokens, you can start trading derivatives, including BTC futures and margin trading to increase your income.

The current price of BTC is $97,181.66, with a 24h price change of +0.38%. Traders can profit by either going long or short onBTC futures.

BTC futures trading guide

Join BTC copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or BTC tokens, you can also start copy trading by following elite traders.

Bitcoin news

Bitcoin Faces Sharp Decline, But Long-Term Outlook Remains Bullish

Cryptodnes•2024-12-21 14:44

Crypto Analyst Envisions $500K Bitcoin Despite Current Market Challenges

Cryptodnes•2024-12-21 14:44

Metaplanet Raises $60 Million to Fast-Track Bitcoin Purchases

Cryptodnes•2024-12-21 14:44

Bitcoin’s Future Still Bright, It’s Not Too Late to Invest – Robert Kiyosaki

Cryptodnes•2024-12-21 14:44

Industry insiders: Some Bitcoin users may not like MicroStrategy due to concerns about self-custody issues

Bitget•2024-12-21 14:24

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FAQ

What is the price of Bitcoin today?

For real-time or the latest price updates, check the live Bitcoin price charts above. You can also use the Bitget Calculator to get real-time BTC-to-local currency exchange rates.

How much is 1 Bitcoin worth in cash?

Bitcoin, the leading cryptocurrency by market cap, has come a long way since its launch. Its price fluctuates constantly in the 24/7 crypto market, with real-time and historical data readily available on Bitget.

How many Bitcoins are there?

There will only ever be 21 million Bitcoins, a limit set by its design. As of now, 19.79 million Bitcoins have been mined and are in circulation. The rest will be created through a process called mining, with the final one expected around 2140.

What is the price prediction for bitcoin in 2025?

Predicting Bitcoin's exact price in 2025 is challenging due to its inherent volatility and the influence of various market factors. Visit our Bitcoin (BTC) price prediction page for insights and set your own price targets. Please note that the data shown is for informational purposes only and does not constitute an offer, recommendation, or investment advice from Bitget.

How much will Bitcoin be worth in 2030?

By 2030, Bitcoin could see significant growth as adoption increases and its supply remains capped. While no one can predict the future with certainty, many believe it has the potential to reach new highs. Check out the latest Bitcoin price predictions on Bitget to see what the future might hold!

How safe is Bitcoin investment?

Bitcoin, the first-ever cryptocurrency, is a secure and decentralized digital asset with exciting investment potential. However, its price can be volatile, and regulations vary by country. Taking precautions, such as using secure wallets and safeguarding private keys, ensures a safer investment. As more people and businesses adopt Bitcoin, it presents an exciting opportunity for those ready to embrace both the risks and gains.

What is the current price of Bitcoin?

The live price of Bitcoin is $97,181.66 per (BTC/USD) with a current market cap of $1,924,119,347,853.58 USD. 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 Bitget.

What is the 24 hour trading volume of Bitcoin?

Over the last 24 hours, the trading volume of Bitcoin is $60.82B.

What is the all-time high of Bitcoin?

The all-time high of Bitcoin is $108,268.45. This all-time high is highest price for Bitcoin since it was launched.

Can I buy Bitcoin on Bitget?

Yes, Bitcoin is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Bitcoin guide.

Can I get a steady income from investing in Bitcoin?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Bitcoin with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Where can I buy Bitcoin (BTC)?

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How to complete identity verification on Bitget and protect yourself from fraud

1. Log in to your Bitget account.

2. If you're new to Bitget, watch our tutorial on how to create an account.

3. Hover over your profile icon, click on “Unverified”, and hit “Verify”.

4. Choose your issuing country or region and ID type, and follow the instructions.

5. Select “Mobile Verification” or “PC” based on your preference.

6. Enter your details, submit a copy of your ID, and take a selfie.

7. Submit your application, and voila, you've completed identity verification!

Cryptocurrency investments, including buying Bitcoin online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Bitcoin, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Bitcoin purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.