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BTC

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About Bitcoin

The world’s first cryptocurrency, Bitcoin is stored and exchanged securely on the internet through a digital ledger known as a blockchain. Bitcoins are divisible into smaller units known as satoshis — each satoshi is worth 0.00000001 bitcoin.

Market

Canada Market Stats

Market cap

CA$1.7T

Volume (24h)

CA$42.2B

Circulating supply

19.7M BTC

Typical hold time

84 days

Popularity

#1

All time high

CA$101,387.70

Price change (1h)

+0.69%

Price change (24h)

-2.57%

Price change (7d)

-8.29%

Canada News about Bitcoin

Bitcoin Magazine • Apr 30, 24

Bitcoin and Biodiversity in the Cannabis Industry

A look at how Bitcoin and it's historical trends in appreciating in value can indirectly help protect biodiversity in the cannabis industry, and potentially one day the agriculture industry in general.

Read more

News Article Image

Bitcoin Magazine • Apr 30, 24

Nasdaq-Listed Coal Miner Adds 425 BTC To Balance Sheet

Alliance Resource Partners (ARLP) announced that it’s mining bitcoin and holding 425 BTC on its balance sheet.

Read more

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CoinDesk • Apr 30, 24

Tokenized Asset Issuer Backed Raises $9.5M as Crypto's RWA Race Heats Up

The fundraising will help accelerate Backed's private tokenization offering and onboard asset managers to blockchains, the company said.

Read more

News Article Image

Messari • Apr 30, 24

State of LayerZero Q1 2024

In Q1’24, LayerZero launched V2, which aims to provide a scalable communication standard across networks while maintaining permissionless and composable infrastructure. Application deployment saw a 93% increase in QoQ in Q1, potentially due to the improved tooling and growth in supported networks...

Read more

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The Block • Apr 30, 24

Stablecoin legislation could prove bigger than US spot bitcoin ETFs, Bitwise CIO says

The “mainstreaming of stablecoins” could prove as big as or bigger than the U.S. spot bitcoin ETFs, according to Bitwise CIO Matt Hougan.

Read more

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Decrypt • Apr 30, 24

Gap Between Grayscale, BlackRock Bitcoin ETFs Narrows to $1.5 Billion

Grayscale and BlackRock are in a tight race for the top of the Bitcoin ETF table. The lead has halved in the past two weeks—but when will they flip?

Read more

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Social

Some highlights about Bitcoin on social media

619,008 unique individuals are talking about Bitcoin and it is ranked #3 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Bitcoin has an average sentiment score of 3.5 out of 5. Finally, Bitcoin is becoming less newsworthy, with 83 news articles published about Bitcoin. This is a 68.46% decrease in news volume compared to yesterday.

On Twitter, people are mostly bullish about Bitcoin. There were 51.55% of tweets with bullish sentiment compared to 8.59% of tweets with a bearish sentiment about Bitcoin. 39.86% of tweets were neutral about Bitcoin. These sentiments are based on 238069 tweets.

On Reddit, Bitcoin was mentioned in 7154 Reddit posts and there were 13811 comments about Bitcoin. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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Overview

Contributors

619,008 people

Volume rank

#3

Average Sentiment

3.5 out of 5

News Articles

83

Twitter

Reddit

Posts

7,154

Comments

13,811

Post Score

40,255,466

Comment Score

43,069,324

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The week’s biggest crypto news, sent right to your inbox

Bitcoin is on the decline this week.

The price of Bitcoin has increased by 0.69% in the last hour and decreased by 2.57% in the past 24 hours. Bitcoin’s price has also fallen by 8.29% in the past week. The current price is CA$84,416.10 per BTC with a 24-hour trading volume of CA$42.18B. Currently, Bitcoin is valued at 16.74% below its all time high of CA$101,387.70. This all-time high was the highest price paid for Bitcoin since its launch.

The current circulating supply of Bitcoin is 19,692,225 BTC which means that Bitcoin has as total market cap of 19,692,225.

FAQ

What is the current price of Bitcoin?

We update our Bitcoin to CAD currency in real-time. Get the live price of Bitcoin on Coinbase.

What is the market cap of Bitcoin?

The current market cap of Bitcoin is CA$1.66T. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Bitcoin?

The all-time high of Bitcoin is CA$101,387.70. This all-time high is highest price paid for Bitcoin since it was launched.

What is the 24 hour trading volume of Bitcoin?

Over the last 24 hours, the trading volume of Bitcoin is CA$42.18B.

How many Bitcoin are there?

The current circulating supply of Bitcoin is 20 million.

What is the typical holding time of Bitcoin?

The median time that Coinbase customers hold Bitcoin before selling it or sending it to another account or address is 84 days.

What is the relative popularity of Bitcoin?

Bitcoin ranks 1 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Bitcoin?

Currently, 99% of Coinbase users are buying Bitcoin. In other words, 99% of Coinbase customers have increased their net position in Bitcoin over the past 24 hours through trading.

Can I buy Bitcoin on Coinbase?

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