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Bitcoin

BTC

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Market

Market stats

Market cap

$1.2T

Volume (24h)

$78.2B

Circulating supply

19.6M BTC

Typical hold time

90 days

Popularity

#1

All time high

$64,899.00

Price change (1h)

+0.57%

Price change (24h)

+6.18%

Price change (7d)

+17.66%

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.

Bitcoin (BTC) is a decentralized cryptocurrency that was first described in a 2008 whitepaper by an individual or group of individuals using the alias Satoshi Nakamoto. Officially launched in January 2009, Bitcoin is a peer-to-peer online currency that allows transactions to happen directly between equal and independent network participants without the need for any intermediary. Bitcoin is digital money that cannot be inflated or manipulated by any individual, company, government, or central bank. Bitcoin is recognized as one of the initial cryptocurrencies to come into use and has inspired the development of thousands of competing projects. There will only ever be 21 million BTC. Bitcoin is highly divisible, with its smallest unit, i.e. 0.000 000 01 BTC, called a "satoshi" or "sat." As bitcoin's value has risen, its easy divisibility has become a key attribute.

News about Bitcoin

CoinDesk • Feb 28, 24

BlackRock Bitcoin ETF Breaks Volume Record as Bitcoin Rallies to $64K Before Plunging

U.S. spot bitcoin {{BTC}} exchange-traded funds (ETF) experienced another massive trading session Wednesday with BlackRock's bitcoin ETF (IBIT) breaking its volume record for the third consecutive day.

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Decrypt • Feb 28, 24

El Salvador’s Bitcoin Bet Is Up 40% But President Bukele Says He Isn’t Selling

Through the highs and lows, Bukele invokes the HODLers creed: 1 BTC always equals 1 BTC.

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The Block • Feb 28, 24

MicroStrategy’s bitcoin portfolio reaches $12.24 billion in value as bitcoin breaks past $60,000

The firm's bitcoin balance is the highest its ever been, as bitcoin's price broke past $60,000 for the first time since October 2021.

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DL News • Feb 28, 24

The $10tn reason why this Bitcoin rally is different

After surging for over a year, Bitcoin just crossed $60,000. Experts explain why this rally is different from previous rallies.

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CoinDesk • Feb 28, 24

Morgan Stanley Evaluating Spot Bitcoin ETFs for Its Giant Brokerage Platform: Sources

Since spot bitcoin ETFs went live in January, chatter has increased about the imminent arrival of the big registered investment advisor (RIA) networks and broker-dealer platforms.

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Decrypt • Feb 28, 24

Every Dog Coin Has Its Day: Dogecoin Hits Highest Price Since 2022 Amid Bitcoin Bull Run

Dogecoin (DOGE) is the biggest gainer of the top 20 digital coins and tokens as Bitcoin's surge brings the rest of the market with it.

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Market update: Low volatility returns as BTC hovers above $42,000 for second week

Market update: Low volatility returns as BTC hovers above $42,000 for second week

COINBASE BYTES • FEB 08, 2024

BTC continued to hover north of $42K. What’s driving the current low-volatility market, and where might things be headed next? Here’s what you need to know. 
    More than $7 billion has flowed into spot BTC ETFs. CoinShares reports that more than $700 million poured into the 11 funds that make up the new asset class last week — with a total of $7.7 billion in inflows since the ETFs launched on January 11.
    Current ETF inflows are likely just the beginning.
    Wealth managers — who control access to $48 trillion in assets — have yet to offer the ETFs to clients in a significant way. At the same time, independent advisors who aren’t affiliated with a major firm are also likely taking some time watching and learning before they start offering the ETFs to clients in big numbers.
    Fed chief signals interest-rate cuts might take a while. One anticipated potential catalyst for crypto prices this year is for the U.S. Federal Reserve to finally cut interest rates. Seeking to tame inflation without sending the economy into a recession, the central bank steadily increased rates to two-decade highs. Continued positive economic data (like last week’s jobs report) seems to suggest that the strategy is working — but it also makes it less likely that prices will cool any time soon. 
Market update: Bitcoin roars back above $50,000 as investors flock to ETFs

Market update: Bitcoin roars back above $50,000 as investors flock to ETFs

COINBASE BYTES • FEB 14, 2024

For the first time in two years, bitcoin broke the $50,000 mark on Monday as it recovered from last month’s dip. With bitcoin's total market cap back above $1 trillion, all eyes are on crypto's next moves.
    Bitcoin’s post-ETF selloff appears to be over. On Monday, the leading cryptocurrency by market capitalization hit its highest price since December 2021. The selloff that followed the start of spot BTC ETFs trading in the U.S. appears to be over, and investors both big and small have been heavily accumulating bitcoin ever since.
    The BTC ETFs are a historic hit. In their first month of trading, the two leading spot BTC ETFs — from BlackRock and Fidelity — have had the biggest ETF debuts in history by far. As a category, spot BTC ETFs have now purchased a collective 200,000 BTC, worth nearly $9.5 billion.

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Bitcoin is on the rise this week.

The price of Bitcoin has increased by 0.57% in the last hour and increased by 6.18% in the past 24 hours. Bitcoin’s price has also risen by 17.66% in the past week. The current price is $60,416.57 per BTC with a 24-hour trading volume of $78.19B. Currently, Bitcoin is valued at 6.91% below its all time high of $64,899.00. This all-time high was the highest price paid for Bitcoin since its launch.

The current circulating supply of Bitcoin is 19,640,275 BTC which means that Bitcoin has as total market cap of 19,640,275.

FAQ

What is the current price of Bitcoin?

We update our Bitcoin to USD 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 $1.18T. 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 $64,899.00. 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 $78.19B.

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 90 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.

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Navigate the world of Ethereum Name Service (ENS) profiles. Connect, learn, and engage with the web3 community on profile.coinbase.com. Check out some of the most popular ENS profiles below.