Back to Cryptocurrencies

See the live Bitcoin price in USD. Buy Bitcoin or add it to your Crypto Strategy.

Bitcoin

BTC

BTC to USD Price

$62,450.66

Bitcoin Market Cap

$1.23T

Buy
See all buy/sell options

BTC USD price chart / performance

BTC USD price chart / performance

Risk warning|
From
Feb 24, 2024
To
Mar 2, 2024

Returns

Returns

Return (24h)
+1.95%
Return (7D)
+22.94%
Return (1M)
+44.54%
Return (1Y)
+163.76%

My Investment

My Investment

Profit Taken
$0.00
0%
Profit/Loss
$0.00
0%
You Have:
$0.00

Bitcoin (BTC) History and Overview

Bitcoin (BTC) History and Overview

Bitcoin is the first and most popular digital currency - a cryptocurrency. It powers a peer-to-peer network for the exchange of value through the use of a decentralized protocol. The idea behind Bitcoin is to have a system where there is no middleman or central authority. The live Bitcoin to USD conversion is $ 62,421.09.

Bitcoin refers to both the software protocol as well as to the digital asset, which goes by the ticker symbol BTC. At its most basic level, Bitcoin is useful for transacting value outside the traditional financial system. You can buy and sell BTC for other cryptos alongside more traditional currencies at crypto exchanges like Binance, Kraken and Bitstamp.

Satoshi Nakamoto, a mysterious person (or group of people), launched Bitcoin in 2009. What sets it apart is that it's completely decentralized, meaning no single entity controls it. Instead, a network of computers, known as miners, maintains and validates transactions.

Bitcoin mining creates new bitcoins in the form of block rewards. The process verifies transactions on the blockchain. Miners earn Bitcoin as a reward for completing "blocks" of verified transactions and adding them to the blockchain.

It has a maximum total supply of 21 million, which means that there can only be 21 million in circulation. However, the number of issued Bitcoins will likely never reach 21 million. That is because of the use of rounding operators in the codebase.

You can break a single Bitcoin down into 100 million tiny pieces called "satoshis." You can store them in a digital wallet. The current price of 1 BTC in USD is $ 62,421.09. But you do not need to buy a whole Bitcoin; you can buy a very small fraction of it.

You can send parts of a Bitcoin to pay for things. You can also trade it for other crypto assets. But when you dig into the technicalities, it's like peeling an onion—layer after layer of complexity.

All Bitcoin transactions happen on a blockchain. Think of it as a public digital ledger that everyone can see but no one can tamper with. Miners are the ones who validate and secure these transactions. They validate transactions by solving complex math problems and receive new bitcoins as a reward for their efforts.

Key Points to Remember

  • Bitcoin was the first big player in the crypto game, and it's still the largest by market value.
  • Unlike traditional money, it exists on a decentralized network called a blockchain.
  • Its value has had a roller-coaster ride, experiencing dramatic ups and downs over the years.
  • Because of the digital asset's success, countless other cryptos have sprung up, increasing the use of blockchain technology.
  • You can buy Bitcoin on several cryptocurrency exchanges.

How To Buy Bitcoin or Add it to your Strategy

The fastest, most convenient way to purchase Bitcoin is to purchase it on ICONOMI. We check Bitcoin live prices on 10+ crypto exchanges and buy it at the best market price.

You can buy Bitcoin by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.

We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if Bitcoin is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).

If you are unfamiliar with analyzing cryptocurrency prices and want to buy Bitcoin, we recommend you read the next section, as copying might be a better approach.

Add Bitcoin to your portfolio by copying a Strategy

If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Bitcoin in their structure.

Posts

Here you can read and comment on all posts made by Strategists about Bitcoin BTC. See all Bitcoin price predictions in real time and make the best use of their crypto knowledge.

The Crypto Future fund maintains a great balance between $BTC and dominant altcoins, enabling gains during BTC growth and its consolidation period. We've increased our $MATIC position, anticipating a further upward movement. We remain super bullish for the upcoming months and anticipating a volatile market. Stay patient, as the bull market is still in its early stages. 🚀

3 people like this

Rebalance overview


We have rebalanced BLX in accordance to our pre-set structure. Monero, Celestia ($TIA) and Arbitrum have fallen out of our structure parameters, while Stacks ($STX) and VeChain ($VET) have been added with 0.47% and 0.39% weight, respectively. Among existing assets, the main changes were on $BNB and $SOL, with 0.41% and 0.49%, respectively. $BTC and $ETH reset to 40% and 30%.

Post image
6 people like this

Technical Analysis: Bitcoin and Ethereum Price Movements


Bitcoin ($BTC/USD) is currently trading at $61,000, displaying resilience with a 2.00% decrease in the last 24 hours. The pivotal point for Bitcoin's trading today is marked at $61,417. Immediate resistance level for Bitcoin is at $63,930, with the potential for a strong bullish continuation if these levels are breached convincingly. On the downside, support level stands at $58,980, providing potential bounce-back positions in case of a retracement.


The Relative Strength Index (RSI) for Bitcoin stands at 60, signalling a neutral condition. However, the presence of a 'three white soldiers' candlestick pattern suggests a robust uptrend, indicating the potential for further upward momentum. Additionally, the 50-day Exponential Moving Average (EMA) at $54,482 supports a bullish stance above $61,000, highlighting the potential for sustained upside movement in the near term.


Ethereum (ETH/USD) has been gaining momentum, experiencing an impressive 50% increase in price for February alone, currently trading at $3,376. Key resistance for Ethereum lies at the psychologically important $3,000 level, with strong bullish narratives surrounding potential spot Ether ETF approvals and institutional adoption. The recent surge in trading volume suggests renewed investor interest in $ETH, with potential further upside as market participants eye the $3,500 target in the foreseeable future.




5 people like this
CRYPTONICS
10h ago

BREAKING: BlackRock's Bitcoin ETF, $IBIT, hits a record $10 billion in assets under management.

This is the fastest an ETF has hit $10 billion in assets under management, at 37 trading days.

Just ~4% of all ETFs have reached the $10 billion mark.

More history made by $BTC

Post image
5 people like this
Avatar
@ICONOMI
11h ago

Bitcoin is currently facing a bearish correction. $BTC/USD trades down by 2.86% over the last 24 hours. Key resistance levels are identified at $63,9k and $66,5k, while support levels stand at $58,9k and $56,1k. It is essential for traders and investors to closely monitor these levels and indicators to navigate the market effectively.


Our weekly wrap offers a deeper analysis of the current state of Bitcoin, providing insights into what might come next for the leading cryptocurrency.


Join the conversation and share your thoughts on where Bitcoin is headed next.

Post image
4 people like this

Ready to start your journey with us?

Trusted by over 100,000 users from around the world.

Create Free Account

Other Top Cryptocurrencies

Bitcoin Price FAQ

What Is the Highest Price of Bitcoin (BTC) in USD?

Bitcoin (BTC) price history shows the highest value of 67,446.95 USD . We recorded this price on November 9, 2021, but we cannot exclude that a higher price was registered before February 17, 2017.

What Is the Lowest Price of Bitcoin (BTC) in USD?
How to buy Bitcoin (BTC)?
What Is the Current Price of Bitcoin (BTC) in USD?
Is Bitcoin (BTC) a good investment?