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Past performance is not a reliable indicator of future results. Learn more about asset risks.

Investment Risk

Baseline risk

All crypto-assets are risky, regardless of the type of token you hold. Here are some ‘baseline’ risks to be aware of before deciding to invest.

Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.

Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.

Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.

Don’t put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.

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

United Kingdom Market Stats

Market cap

£977.8B

Volume (24h)

£15.7B

Circulating supply

19.7M BTC

Typical hold time

84 days

Popularity

#1

All time high

£58,904.44

Price change (1h)

-0.18%

Price change (24h)

-2.71%

Price change (7d)

-6.11%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

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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

Bitcoin Calculator

How much is 1 BTC?

Conversion Table

Bitcoin is on the decline this week.

The price of Bitcoin has decreased by 0.18% in the last hour and decreased by 2.71% in the past 24 hours. Bitcoin’s price has also fallen by 6.11% in the past week. The current price is £49,579.33 per BTC with a 24-hour trading volume of £15.69B. Currently, Bitcoin is valued at 15.83% below its all time high of £58,904.44. This all-time high was the highest price paid for Bitcoin since its launch.

The current circulating supply of Bitcoin is 19,691,615 BTC which means that Bitcoin has as total market cap of 19,691,615.

FAQ

What is the current price of Bitcoin?

We update our Bitcoin to GBP 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 £977.81B. 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 £58,904.44. 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 £15.69B.

What other assets are similar to Bitcoin?

Assets that have a similar market cap to Bitcoin include Ethereum, Tether, BNB, and many others. To see a full list, see our comparable market cap assets.

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.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.

This Financial Promotion has been approved by Archax LTD on February 7, 2024