Bitcoin current price is €26,561.26 with a marketcap of €496.02 B. Its price is 3.85% up in last 24 hours.
- Bitcoin (BTC)
- Live Price €26,561.26
- Market Cap €496.02 B
- Volume €42.65 B
- Available Supply 18.61 M BTC
- Rank 1
Technical analysis, backgrounds and info on this crypto coin
Many traders or investors in cryptocurrency start with trading in Bitcoin. So far this turned out to be very profitable and of course you can trade and/or invest in Bitcoin as well. On this page you'll find basic statistics and characteristics of the largest cryptocoin (measured by market capitalisation). If you are looking for more information about the history and technical part of Bitcoin, please visit our history page (coming soon).
Current Bitcoin price
Please see below the Bitcoin chart as provided by our home broker.
Onchain Metrics Bitcoin
If you want to perform a technical analysis of Bitcoin and decide whether it is the right time to trade or invest, please check the onchain metrics as provided by our partners of IntotheBlock.
Bitcoin market indicator: the fear and greed index
Beside the Onchain-metrics there is another metric that shows how the investors sentiment on Bitcoin is. Are they afraid to miss out on opportunities and provide you a chance to buy cheap or are investors greedy to take their profits and can you expect selling pressure? You can find it out by our live 'fear and greed' index.
Furthermore we provide you with the price chart and historical data for Bitcoin at the bottom of this page. Before we get there we provide you with some backgrounds and info on Bitcoin.
What is Bitcoin?
Bitcoin is the first successful internet money based on peer-to-peer technology whereby no central bank or authority is involved in the transaction and production of the Bitcoin Currency.
Who created Bitcoin?
Bitcoin is created by an anonymous individual group under the name Satoshi Nakamoto. A white paper for the BTC was issued and in 2010 the first Bitcoin transaction was done. Since BTC is designed to have only 21 million BTC ever created BTC is a deflationary currency and more and more seen as a 'safe haven' to protect assets from the risk of inflation.
What is the purpose of Bitcoin?
The Bitcoin was created during the banking crisis of the latest 2000s financial crisis. The coin has three main purposes.
- Enable peer-to-peer financial transactions in order minimize the time needed for money transfers and lower transaction fees;
- Providing control over financial transactions and minimize the risk of fraud by decentralizing the clearance process in order to be less dependent of large banks and.
- Maintain privacy for participants in a transaction by using 'anonymous' keys for transactions instead of bank accounts.
Technical aspects of Bitcoin
Bitcoin transactions are cleared by using the Bitcoin Blockchain with proof of work as clearing instrument, so mining of Bitcoin is possible. It uses the SHA-256 hashing algorithm with an average transaction confirmation time of 10 minutes which is regulated by a 'difficulty adjustment' based on the number of hashes. Miners today are mining BTC by using the ASIC chip which is dedicated to mining BTC only. The hash rate has shot up to peta hashes. You can read more about the mining process on the Bitcoin mining page.
Further technical analysis of this coin
For further technical analysis you’ll find the current price chart and overview of historical data at the bottom of this page. Do you need more on-chain metrics? You can find these on the site of our on-chain metrix partner IntotheBlock.
Do you want to trade in this crypto?
If you want to trade in this cryptocurrency you might consider to sign up with one of our home exchanges: Changelly, CEX.io or Binance. When your mother tongue is Dutch or French you might also consider Bitvavo. If you want to know more about choosing the right crypto exchange, please visit our crypto exchages page.
Please note that our site does not provide any financial advice. The statistics and information shown is solely provided as possible source for your own research on (investing in) crypto and/or for educational/entertainment purposes. However we do our very best to present information in a right and timely manner we can’t accept any responsibility for any shortcomings in the data and/or information provided. Furthermore please note that this site uses affiliate links, so we might earn a contribution in the costs of operating this site and providing free information if you decide to click on (one of) the links issued.