Bitcoin
Current price
$80,989.72
−2.89%24h
LiveUpdated 22s ago
TodayBitcoin falls 2.9%, in line with the market.
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View as table
| Time | Price |
|---|
Change by period
- 1 hour−0.34%
- 24 hours−2.89%
- 7 days−2.11%
- 30 days+5.49%
- 1 year−26.76%
Bitcoin's move in context
Moving with the market
−2.89% today, close to the whole market (−3.24%). Nothing specific to Bitcoin stands out in the price.
Trend has turned
−2.1% over 7 days and +5.5% over 30 days: the last week went against the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About Bitcoin
Bitcoin: A Revolutionary Digital Currency
Bitcoin pioneered a transformative approach to digital currency, standing as the first successful form of online money powered by peer-to-peer technology. By removing the need for central banks or authorities to manage transactions and control the issuance of currency, Bitcoin introduced a decentralized model that redefines our understanding of money.
Key Aspects of Bitcoin
1. Decentralization and Peer-to-Peer Technology
Bitcoin operates without any central authority, relying on a decentralized network of nodes to process and validate transactions. The peer-to-peer nature of Bitcoin allows it to function globally without the need for intermediaries like banks, ensuring that transactions can occur directly between users.
2. Open-Source Development
Satoshi Nakamoto released Bitcoin's source code publicly, allowing anyone to participate in its development. This open-source approach fosters innovation and continuous improvement of the Bitcoin protocol, with contributions from developers worldwide.
3. Security and Verification
Bitcoin uses the SHA-256 hashing algorithm to secure transactions, with each transaction confirmed approximately every 10 minutes. The blockchain, Bitcoin’s public ledger, records every transaction, ensuring that it is verifiable and tamper-proof.
4. Limited Supply and Deflationary Nature
Bitcoin’s supply is capped at 21 million BTC, making it a deflationary asset by design. The limited supply contributes to Bitcoin's scarcity, which, in turn, influences its value and volatility in the market.
5. Mining and Proof-of-Work
Bitcoin mining involves solving complex cryptographic puzzles, with miners competing to add new blocks to the blockchain. The proof-of-work consensus mechanism ensures network integrity, rewarding successful miners with newly generated bitcoins and transaction fees. The competitive nature of mining has led to the use of specialized ASIC chips, which have driven the hash rate to levels measured in peta hashes.
6. Privacy and Pseudonymity
Bitcoin transactions are pseudonymous, allowing users to send and receive funds without revealing their true identities. While this offers a degree of privacy, it has also attracted scrutiny from regulators concerned about potential misuse in illegal activities.
Bitcoin’s Ongoing Evolution
Influence on Other Cryptocurrencies
Bitcoin’s success has inspired the creation of many alternative cryptocurrencies (altcoins), such as Litecoin, Peercoin, and Primecoin, each offering different features and innovations.
Smart Contracts and Advanced Projects
Ethereum’s introduction of smart contracts has further expanded the possibilities within the cryptocurrency space, leading to projects like EOS, Tron, and digital collectibles like CryptoKitties.
Challenges and Future Prospects
Despite its success, Bitcoin faces challenges such as scalability issues, regulatory pressures, and competition from other cryptocurrencies. However, its status as "digital gold" continues to attract investors and advocates, and Coinfinhub’s analysis provides the insights needed to understand Bitcoin’s potential to transform the global financial system.
Bitcoin market
- Position by market cap among the coins we track.
- #1
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $1.63T
- Price × coins in circulation. It measures a coin's size, not its quality.
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- Low $80,583.00High $83,856.01
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- $126,017.10
- Now 64% of itReached 6 Oct 2025 · Needs +56% to get back
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- Coins that exist now and can be traded.
- 20.1M BTC
- 96% of max
- Coins that exist now and can be traded.
- The most coins that can ever exist. Some coins have no limit.
- 21M BTC
- The most coins that can ever exist. Some coins have no limit.
Bitcoin converter
1 Bitcoin = $80,989.72
