Bitcoin (BTC) Metrics
Bitcoin Price Chart Live
Price Chart
Bitcoin (BTC)
What is Bitcoin?
Bitcoin (BTC) is a decentralized digital currency launched in 2009 by an anonymous entity using the pseudonym Satoshi Nakamoto. It was created to provide a peer-to-peer electronic cash system that allows for secure, transparent, and irreversible transactions without the need for intermediaries like banks. Bitcoin operates on its own blockchain, which uses a proof-of-work consensus mechanism to validate transactions and secure the network. The native token, BTC, serves multiple roles, primarily as a medium of exchange, a store of value, and a unit of account. Bitcoin's significance lies in its pioneering role in the cryptocurrency space, being the first cryptocurrency to solve the double-spending problem and introducing the concept of blockchain technology. Its decentralized nature, capped supply of 21 million coins, and widespread adoption have positioned Bitcoin as a leading digital asset and a foundational element of the broader cryptocurrency ecosystem.
When and how did Bitcoin start?
Bitcoin originated in October 2008 when an individual or group using the pseudonym Satoshi Nakamoto released the Bitcoin whitepaper titled "Bitcoin: A Peer-to-Peer Electronic Cash System." This document outlined the concept of a decentralized digital currency that would allow secure, peer-to-peer transactions without the need for a trusted third party. The Bitcoin network was launched with the release of its open-source software in January 2009, marking the mainnet launch. The first block, known as the "genesis block" or "Block 0," was mined by Satoshi Nakamoto on January 3, 2009, and included a reference to a newspaper headline of that day, highlighting its timestamp and context. Bitcoin's initial distribution was achieved through a process known as mining, where participants could earn newly minted bitcoins by validating and recording transactions on the blockchain. There was no initial coin offering (ICO) or pre-mine, which contributed to its reputation as a fair launch. These foundational steps set the stage for Bitcoin's subsequent growth and the development of its broader ecosystem.
What’s coming up for Bitcoin?
According to official updates, Bitcoin is preparing for several key developments aimed at enhancing its network. One of the primary upcoming milestones is the Taproot/Schnorr upgrade, which focuses on improving privacy, scalability, and smart contract functionality. This upgrade is expected to be activated in the near future, as the community continues to reach consensus on its implementation. Additionally, Bitcoin is exploring further improvements to its Lightning Network, which aims to enhance transaction speed and reduce fees, making Bitcoin more efficient for everyday transactions. This involves ongoing development and integration efforts by various teams within the Bitcoin ecosystem. Another area of focus is the advancement of Bitcoin's security and robustness through continued research and potential protocol enhancements. These efforts are tracked through the Bitcoin Improvement Proposal (BIP) process, where community members propose and discuss changes to the network. These initiatives collectively aim to strengthen Bitcoin's position as a leading cryptocurrency by improving its scalability, privacy, and usability, with progress being monitored through official repositories and community discussions.
What makes Bitcoin stand out?
Bitcoin distinguishes itself through its pioneering role as the first decentralized digital currency, leveraging a robust proof-of-work consensus mechanism. This architecture enables secure and trustless transactions without the need for intermediaries, ensuring high levels of security and immutability. Bitcoin's blockchain is renowned for its simplicity and resilience, having been operational since 2009 without any significant interruptions. The network's design includes a capped supply of 21 million coins, which introduces scarcity and positions Bitcoin as a potential store of value. Its decentralized nature is supported by a vast network of nodes and miners distributed globally, enhancing its resistance to censorship and centralization. Bitcoin's ecosystem is further enriched by a broad array of tools and platforms that facilitate its use, such as wallets and exchanges, contributing to its widespread adoption. Despite newer technologies emerging in the blockchain space, Bitcoin's established network effect and foundational role in the cryptocurrency market continue to underscore its distinct position in the broader landscape.
What can you do with Bitcoin?
Bitcoin (BTC) is primarily used as a digital currency for peer-to-peer transactions, allowing users to send and receive value globally without intermediaries. It serves as a means of payment for goods and services, both online and in physical stores that accept Bitcoin. Additionally, Bitcoin can be used as a form of digital savings or investment due to its limited supply and decentralized nature. Holders of Bitcoin can use it as collateral in various financial services, such as crypto-backed loans. Developers can build applications and services on the Bitcoin blockchain, leveraging its security and transparency. The ecosystem includes wallets that support Bitcoin for secure storage and transactions, as well as payment processors that facilitate merchant adoption. Bitcoin is also utilized in remittances, enabling low-cost and fast cross-border transfers. Furthermore, it plays a role in charitable donations, allowing for transparent and direct contributions. Overall, Bitcoin's utility spans from everyday transactions to more complex financial applications, making it a versatile asset within the digital economy.
Is Bitcoin still active or relevant?
Bitcoin remains active and relevant, as evidenced by ongoing development and community engagement. As of the latest updates, Bitcoin's development is focused on enhancing scalability and privacy, with recent upgrades like Taproot, which was activated in November 2021. This upgrade represents a significant step in improving transaction efficiency and privacy features. Bitcoin's presence across numerous trading platforms and its status as a benchmark cryptocurrency further highlight its relevance. It remains a fundamental part of the cryptocurrency ecosystem, facilitating transactions and serving as a store of value. The Bitcoin network continues to be secured by a robust proof-of-work consensus mechanism, with a wide distribution of miners globally, ensuring its resilience and security. Active governance discussions and proposals are regularly conducted through platforms like the Bitcoin Improvement Proposal (BIP) process, reflecting ongoing community involvement. These factors collectively underscore Bitcoin's enduring activity and significance in the digital asset landscape.
Who is Bitcoin designed for?
Bitcoin is designed for a broad audience, primarily targeting individual consumers and investors looking to store and transfer value in a decentralized manner. It enables them to achieve financial autonomy and security through a peer-to-peer electronic cash system. Bitcoin provides essential tools and resources, such as digital wallets, to facilitate transactions without the need for intermediaries. Secondary participants, including miners and developers, play a crucial role in maintaining and securing the network. Miners engage in the validation of transactions through proof-of-work, ensuring the integrity and security of the blockchain. Developers contribute to the ecosystem by creating and maintaining software that enhances Bitcoin's functionality and accessibility. Overall, Bitcoin serves as a decentralized financial infrastructure that empowers users by providing a secure and transparent means of conducting transactions and storing wealth.
How is Bitcoin secured?
Bitcoin uses a Proof-of-Work (PoW) consensus mechanism, where miners validate transactions and maintain the network's integrity. Miners compete to solve complex cryptographic puzzles, and the first to solve one gets to add a new block to the blockchain, receiving a reward in Bitcoin for their efforts. This process ensures that the network remains decentralized and secure from attacks. Bitcoin employs the SHA-256 cryptographic hash function to secure transactions and blocks, ensuring data integrity and authentication. This cryptographic technique makes it computationally infeasible to alter transaction data once it's been added to the blockchain. Incentives are aligned through block rewards and transaction fees, motivating miners to act honestly. The system's design includes difficulty adjustments approximately every two weeks to maintain a consistent block production rate, further stabilizing the network. Additional security measures include a robust open-source development process, regular audits, and a global network of nodes running diverse client implementations, all contributing to Bitcoin's resilience against potential threats.
Has Bitcoin faced any controversy or risks?
Bitcoin has faced several controversies and risks over the years, primarily involving technical, regulatory, and community factors. One significant technical controversy occurred in August 2010 when a vulnerability in the Bitcoin protocol allowed for the creation of an excessive number of Bitcoins. This was quickly addressed through a software patch and a hard fork to reverse the exploit. Regulatory challenges have also been prominent, with various governments scrutinizing Bitcoin for its potential use in illegal activities and its impact on financial systems. These challenges have been met with increased dialogue and compliance efforts by exchanges and businesses. Community disputes, such as the 2017 Bitcoin Cash hard fork, arose from disagreements over block size and scalability, leading to a split in the community. Ongoing risks for Bitcoin include market volatility, regulatory changes, and potential technical vulnerabilities, which are mitigated through active development, transparency, and regular audits.
Bitcoin (BTC) FAQ – Key Metrics & Market Insights
Where can I buy Bitcoin (BTC)?
Bitcoin (BTC) is widely available on centralized cryptocurrency exchanges. The most active platform is Coinbase, where the BTC/USD trading pair recorded a 24-hour volume of over $1 056 562 773.14. Other exchanges include Bullish and DigiFinex.
What's the current daily trading volume of Bitcoin?
As of the last 24 hours, Bitcoin's trading volume stands at $44,289,012,772.72 , showing a 5.00% increase compared to the previous day. This suggests a short-term increase in trading activity.
What's Bitcoin's price range history?
All-Time High (ATH): $126 173.18
All-Time Low (ATL): $0.010000
Bitcoin is currently trading ~28.77% below its ATH
and has appreciated +1,127,416,773% from its ATL.
What's Bitcoin's current market capitalization?
Bitcoin's market cap is approximately $1 795 639 667 401.00, ranking it #1 globally by market size. This figure is calculated based on its circulating supply of 19 979 175 BTC tokens.
How is Bitcoin performing compared to the broader crypto market?
Over the past 7 days, Bitcoin has declined by 6.85%, underperforming the overall crypto market which posted a 0.96% gain. This indicates a temporary lag in BTC's price action relative to the broader market momentum.
Trends Market Overview
#473
91.96%
#563
76.78%
#619
61.43%
#925
44.91%
#1157
32.2%
#2121
-64.42%
#1555
-60.84%
#2000
-29.2%
#898
-25.2%
#577
-22.97%
#735
4.18%
#8019
no data
News All News

(23 hours ago), 3 min read

(1 day ago), 2 min read

(3 days ago), 3 min read

(5 days ago), 3 min read

(6 days ago), 2 min read

(7 days ago), 2 min read

(7 days ago), 2 min read
Education All Education

(20 hours ago), 15 min read

(1 day ago), 21 min read

(3 days ago), 17 min read
(6 days ago), 19 min read

(6 days ago), 18 min read

(7 days ago), 18 min read

(8 days ago), 18 min read

(9 days ago), 16 min read
Bitcoin Basics
| Whitepaper | Open |
|---|
| Development status | Working product |
|---|---|
| Org. Structure | Decentralized |
| Open Source | Yes |
| Consensus Mechanism | Proof of Work |
| Algorithm | SHA256 |
| Hardware wallet | Yes |
| Started |
3 January 2009
over 17 years ago |
|---|
| Website | bitcoin.org |
|---|---|
| Wallet | Coins Mobile App |
| Source code | github.com |
|---|---|
| Asset type | Coin |
| Explorers (5) | blockchain.com blockchair.com blockstream.info btc.cryptoid.info |
|---|
| Tags |
|
|---|
| Blog | bitcoin.org |
|---|---|
| facebook.com | |
| Faq | bitcoin.org |
| Forum | bitcointalk.org |
| reddit.com |
Similar Coins
Popular Coins
Popular Calculators
Bitcoin Team
Bitcoin Exchanges
Bitcoin Markets
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
How to use it?
By default Market depth is showing the most liquid markets sorted by Combined Orders (which is a sum of buy and sell orders). This way it provides the most interesting information already. Left (green) side of the market depth bar is showing how many buy orders are open, and right (red) side of the bar is showing how many sell orders are open (both can be recalculated to BTC, ETH or any fiat we have available on the site).


Confidence
Due to rampant malicious practices in the crypto exchanges environment, we have introduced in 2019 and 2020 new ways of evaluating exchanges and one of them is - Confidence. Because it's a new metric - it's essential to know how it works.
Confidence is weighted based on 3 principles:
Based on the liquidity from order books (75%) - including overall liquidity and market depth/volume ratio, volumes included, if exchange is low volume (below 2M USD volume 24h)
Based on web traffic (20%) - using Alexa rank as a main indicator of site popularity
Based on regulation (5%) - researching and evaluating licensing for exchange - by respective institutions
Adding all of these subscores give overall main result - Confidence
Confidence is mainly based on liquidity, because it's the most important aspect of cryptocurrency exchanges. Without liquidity there is no trading, illiquid markets tend to collapse in the long term. Besides liquidity - there is also an additional factor in calculation of score - market depth/volume ratio. If volume is huge (especially when it’s growing much faster than liquidity), and market depth seems to not keep pace with - it's reducing overall score. Exchanges that keep market makers liquidity with expanding volume are those that keep all ratios in-tact and have overall score above 75-80% (it means that they have all liquidity ratios above minimum requirements, high web traffic participation, and are often regulated).
Other coins worth interest - similar to Bitcoin
| # | Name | MarketCap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 2 | Ethereum ETH | $362 180 616 180 | $3 007.49 | $26 277 078 778 | 120,426,316 | |||
| 4 | BNB BNB | $123 672 719 932 | $888.55 | $1 791 462 253 | 139,184,442 | |||
| 5 | XRP XRP | $118 542 578 003 | $1.95 | $3 807 301 849 | 60,789,498,738 | |||
| 7 | Solana SOL | $73 656 093 558 | $129.97 | $4 025 126 726 | 566,705,220 | |||
| 9 | TRON TRX | $25 856 241 823 | $0.299389 | $763 472 129 | 86,363,298,503 |
| # | Name | MarketCap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 2 | Ethereum ETH | $362 180 616 180 | $3 007.49 | $26 277 078 778 | 120,426,316 | |||
| 4 | BNB BNB | $123 672 719 932 | $888.55 | $1 791 462 253 | 139,184,442 | |||
| 7 | Solana SOL | $73 656 093 558 | $129.97 | $4 025 126 726 | 566,705,220 | |||
| 9 | TRON TRX | $25 856 241 823 | $0.299389 | $763 472 129 | 86,363,298,503 | |||
| 11 | Cardano ADA | $13 984 064 056 | $0.364380 | $656 267 899 | 38,377,651,909 |
| # | Name | MarketCap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 2 | Ethereum ETH | $362 180 616 180 | $3 007.49 | $26 277 078 778 | 120,426,316 | |||
| 4 | BNB BNB | $123 672 719 932 | $888.55 | $1 791 462 253 | 139,184,442 | |||
| 7 | Solana SOL | $73 656 093 558 | $129.97 | $4 025 126 726 | 566,705,220 | |||
| 51 | Near Protocol NEAR | $1 836 586 254 | $1.55 | $178 992 545 | 1,185,165,436 | |||
| 184 | Polygon MATIC | $259 079 043 | $0.135375 | $146 280 | 1,913,783,718 |
| # | Name | MarketCap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 10 | Dogecoin DOGE | $18 847 831 232 | $0.126370 | $1 319 791 355 | 149,147,696,384 | |||
| 13 | Bitcoin Cash BCH | $11 865 891 639 | $597.30 | $424 887 906 | 19,865,787 | |||
| 16 | Monero XMR | $9 352 394 723 | $506.99 | $233 536 625 | 18,446,744 | |||
| 26 | Zcash ZEC | $5 859 266 166 | $358.84 | $546 876 069 | 16,328,269 | |||
| 53 | Ethereum Classic ETC | $1 810 524 712 | $11.66 | $129 249 241 | 155,222,059 |
| # | Name | MarketCap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 31 | Litecoin LTC | $5 173 627 716 | $68.47 | $621 988 621 | 75,558,487 | |||
| 1290 | Vertcoin VTC | $5 089 395 | $0.071945 | $13 669.24 | 70,740,310 | |||
| 1961 | Bitcore BTX | $997 159 | $0.050660 | $107 953 | 19,683,375 | |||
| 4167 | Groestlcoin GRS | $485 503 | $0.005622 | $11 310.35 | 86,353,744 | |||
| 4328 | Bitcoin Atom BCA | $811 822 | $0.044075 | $54.34 | 18,418,931 |
| # | Name | MarketCap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 13 | Bitcoin Cash BCH | $11 865 891 639 | $597.30 | $424 887 906 | 19,865,787 | |||
| 152 | Bitcoin SV BSV | $365 627 697 | $18.30 | $45 003 253 | 19,978,141 | |||
| 299 | DigiByte DGB | $114 528 824 | $0.006324 | $2 788 110 | 18,111,529,166 | |||
| 805 | Elastos ELA | $19 037 640 | $0.852090 | $651 408 | 22,342,297 | |||
| 850 | Syscoin SYS | $16 849 114 | $0.020209 | $2 984 258 | 833,732,458 |
| # | Name | MarketCap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 31 | Litecoin LTC | $5 173 627 716 | $68.47 | $621 988 621 | 75,558,487 | |||
| 850 | Syscoin SYS | $16 849 114 | $0.020209 | $2 984 258 | 833,732,458 | |||
| 4167 | Groestlcoin GRS | $485 503 | $0.005622 | $11 310.35 | 86,353,744 | |||
| 4328 | Bitcoin Atom BCA | $811 822 | $0.044075 | $54.34 | 18,418,931 |
| # | Name | MarketCap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 5 | XRP XRP | $118 542 578 003 | $1.95 | $3 807 301 849 | 60,789,498,738 | |||
| 10 | Dogecoin DOGE | $18 847 831 232 | $0.126370 | $1 319 791 355 | 149,147,696,384 | |||
| 13 | Bitcoin Cash BCH | $11 865 891 639 | $597.30 | $424 887 906 | 19,865,787 | |||
| 45 | Cronos CRO | $2 452 099 194 | $0.092283 | $16 924 806 | 26,571,560,696 | |||
| 95 | Dash DASH | $844 584 563 | $67.20 | $236 152 911 | 12,567,522 |
| # | Name | MarketCap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 10 | Dogecoin DOGE | $18 847 831 232 | $0.126370 | $1 319 791 355 | 149,147,696,384 | |||
| 13 | Bitcoin Cash BCH | $11 865 891 639 | $597.30 | $424 887 906 | 19,865,787 | |||
| 16 | Monero XMR | $9 352 394 723 | $506.99 | $233 536 625 | 18,446,744 | |||
| 26 | Zcash ZEC | $5 859 266 166 | $358.84 | $546 876 069 | 16,328,269 | |||
| 31 | Litecoin LTC | $5 173 627 716 | $68.47 | $621 988 621 | 75,558,487 |
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
What is showing Historical Market Depth?
Historical Market Depth is showing the history of liquidity from the markets for a given asset. It’s a measure of combined liquidity from all integrated markets on the coinpaprika’s market depth module.
Bitcoin




