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Bitcoin price
$117,994.00
Bitcoin price
About Bitcoin (BTC)
Bitcoin is the world's largest cryptocurrency project. The bitcoin (BTC) cryptocurrency was the first of its kind to be built on blockchain technology. Launched in 2009 by an anonymous developer under the pseudonym Satoshi Nakamoto, Bitcoin remains the most widely accepted and traded cryptocurrency today. Like the cryptocurrencies that followed it, Bitcoin was created to provide a decentralized electronic cash system that operates without the intervention of a centralized authority. A global team of developers constantly works on improving Bitcoin and its underlying technology.
Bitcoin (BTC) Price Today
Bitcoin price today is $117,994.00.
5,635 BTC was purchased today on Kraken worth $664,918,526. Check out the BTC chart above for more real time price data. Want to get updates on the latest crypto prices on-the-go? Sign up today to receive BTC price alerts. Kraken lets you buy and sell 453 cryptocurrencies, including BTC. There are some geographic restrictions which may affect the assets that are available in your verified country of residence. View all crypto prices.
The bullish take on Bitcoin
Bitcoin's fixed supply of 21 million coins helps to position it as a store of value, medium of exchange, hedge against inflation and alternative to the traditional financial system.
Institutional interest in Bitcoin continues to grow as major financial players recognize its potential as “digital gold,” which could lead to increased relevance, adoption and integration within the financial ecosystem.
The launch of Bitcoin backed spot ETFs, coupled with the returns seen in firms like MicroStrategy reflect an important shift in how firms are gaining exposure to bitcoin and utilizing it within their financial portfolios.
The bearish take on Bitcoin
Bitcoin's network can only process about seven transactions per second, which has caused congestion and high transaction fees during peak periods, thereby making Bitcoin a less practical option for everyday payments compared to other types of cryptocurrencies.
Unlike Ethereum and other Layer 1 blockchains, Bitcoin lacks native smart contract capabilities, which has limited its ability to support many DeFi, NFTs, and Web3 applications that are driving adoption and growth of the crypto ecosystem today.
Bitcoin remains highly volatile, with price swings driven by whale traders, leverage trading, and macroeconomic factors, making it risky for investors and less reliable as a short-term store of value.
Bitcoin (BTC) Price History
Bitcoin price is +101.34% over the last year. The highest price of BTC in the last year was $117,711.43 and the lowest price of Bitcoin in the last year was $53,923.36.
24h
+6.19%
7d
+9.17%
1m
+7.58%
1y
+101.34%
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Categories
Kraken classes Bitcoin to be within the following categories: Smart Contract Platform, Layer 1, Proof of Work, Bitcoin Ecosystem.
Get started with Bitcoin in Brazil
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Bitcoin FAQ
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Bitcoin markets
Explore popular Bitcoin trading pairs on Kraken. You can swap BTC for cash, stablecoins or other digital assets.
Popular markets
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