Bitcoin
BTCWhat is The CoinDesk 20?
The CoinDesk 20 filters from the larger universe of thousands of cryptocurrencies and digital assets to define a core group of 20.
These assets constitute roughly 99% of the market by volume at eight of the largest and most trustworthy exchanges.
Price
$47,837.98
24 Hour % Change
0.91%
Market Cap
$891.07B
Volume (24h)
$58.10B
USD
Linear
Log
to
Key metrics
24 Hour Low
$46,286.33
24 Hour High
$48,196.94
Net change
$430.29
24 Hour Open
$47,426.29
All time high
$48,925.53
Total Supply
18.63M
Returns (24H)
0.91%
Returns (YTD)
62.93%
Volatility (30d)
1.04
Transaction Count (24h)
347,247
Average Transaction Fee (24h)
$27.50
Value Transacted (24h)
$13.66B
About Bitcoin
Category
Currency
Value proposition
Digital gold
Bitcoin was the first cryptocurrency to successfully record transactions on a secure, decentralized blockchain-based network. Launched in early 2009 by its pseudonymous creator Satoshi Nakamoto, Bitcoin is the largest cryptocurrency measured by market capitalization and amount of data stored on its blockchain. The Bitcoin software is free and available online to anyone who wants to run a Bitcoin node and store their own copy of the Bitcoin blockchain. As Bitcoin matures, engineers have designed additional protocols to improve the speed and privacy of Bitcoin transactions, including the Omni Layer, Lightning Network and Liquid Network. Only approximately 21 million bitcoins will ever be created. New coins are minted every 10 minutes by bitcoin miners who help to maintain the network by adding new transaction data to the blockchain.
The Bitcoin price page is part of The CoinDesk 20 that features price history, price ticker, market cap and live charts for the top cryptocurrencies.
Disclaimer
Any data, text or other content on this page is provided as general market information and not as investment advice. Past performance is not necessarily an indicator of future results. CoinDesk is an independently managed media company, wholly owned by the Digital Currency Group, which invests in cryptocurrencies and blockchain startups. DCG has no operational input into the selection or curation of CoinDesk content in all its forms.
Foundations - Consensus: Distributed
May 13, 2020
May 13, 2020
Looking at Bitcoin's history, it tells the typical story of expansion. When something new is introduced to the world, it is immediately met with doubt. Often ridiculed and even fought against. The mass population is fearing for their status quo and very afraid of change in general. Bitcoins' story is
Throughout most of its history, bitcoin has maintained a low correlation to traditional asset classes, including broad market equity/bond indices and commodities like oil and gold. The uniqueness of bitcoin's price actions has historically made it an attractive tool for portfolio diversification. Correlation 2/1/2012 to 12/31/2020 S&P 500 U.S. Bonds
DeFi and the prospect of trading futures have crypto investors scooping up ETH.
It's the year of the ox, and many traders and investors are holding their bitcoin in anticipation of a bullish market trend.
What Does Hashrate Mean?
Feb 5, 2021
Miners must compete using their machines to solve a difficult mathematical problem.
