BTC

Bitcoin price
BTC
#1

$81,488.61  

0.63% (24h)

Why is BTC’s price up today?

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Bitcoin statistics

Market cap
$1.63T

0.64%

Volume (24h)
$39.58B

13.71%

Vol/Mkt Cap (24h)
2.42%
FDV
$1.71T
Total supply
20.02M BTC
Max. supply
21M BTC
Circulating supply
20.02M BTC
95.35892857142856%
Treasury Holdings
1.27M BTC
Profile score
100%
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BTC to USD converter
BTC
USD
Price performance
24h 
Low
$80,516.03
High
$81,751.45
All-time high
Oct 07, 2025 (7m ago)
$126,198.07
-35.39%
All-time low
Jul 15, 2010 (16y ago)
$0.04865
+167601578.68%
See historical data
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Created with Highcharts 11.1.081.00K82.00K80.50K80.75K81.25K81.50K81.75K81.48K81.90K4:00 PM6 May8:00 AM12:00 PM12:00 …2:00 PM6:00 PM8:00 PM10:00 PM2:00 AM4:00 AM6:00 AM10:00 AM12:00 PM6 May '26 08:05:00
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Why is BTC’s price up today?
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Bitcoin Markets

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    CEX
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#
Exchange
Pairs
Price
+2% / -2% Depth
Volume (24h)
Volume %
Liquidity
1

Binance

$81,422.20
$38,770,100/$18,926,366
$1,414,751,324
3.58%
1,212
2

Binance

$81,418.60
$20,950,184/$8,322,677
$534,925,780
1.35%
1,078
3

Coinbase Exchange

$81,453.68
$52,292,296/$40,958,644
$688,815,079
1.74%
953
4

Upbit

$82,282.41
$532,217/$331,654
$161,394,186
0.41%
698
5

Aster

$81,540.95
$417,346/$381,937
$1,049,053
<0.01%
653
6

OKX

$81,528.83
$3,751,865/$8,248,275
$579,232,616
1.46%
909
7

Bybit

$81,587.79
$17,578,265/$14,638,959
$536,531,141
1.36%
883
8

Bitget

$81,584.28
$2,236,155/$3,632,268
$284,424,024
0.72%
895
9

Gate

$81,523.13
$10,081,814/$7,425,904
$471,349,930
1.19%
896
10

KuCoin

$81,535.03
$4,745,103/$5,491,629
$302,983,704
0.77%
858
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Bitcoin News

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CMC Daily Analysis
Bitcoin TLDR

🔹 Bitcoin surpasses $80,000 driven by institutional adoption, regulatory clarity, and looming 2024 halving. This reflects the growing mainstream acceptance and potential for increased value through halving-induced scarcity.

🔹 Institutional interest in Bitcoin surges as evidenced by BlackRock's strategic support and tokenization push, with the institution now holding 810,000 BTC, marking a significant shift in asset management trends.

🔹 Morgan Stanley's Bitcoin ETP, MSBT, sees over $100M in early inflows, showcasing strong investor interest and offering competitive fees compared to BlackRock's IBIT, signaling the growing competition in the Bitcoin ETP market.

📈 In the last 24 hours, Bitcoin's price moved +1.41% to $80.84k and trading volume moved +35.17% to $47.29b.

... Read More

🔹 Bitcoin set to gain institutional investment boost as the CLARITY Act solidifies its status as a digital commodity, aligning with growing institutional interest and market recovery anticipation.

🔹 The v31 update to Bitcoin enhances transaction privacy, optimizes fee sorting, and prepares the network for potential post-quantum threats, showcasing a focus on future-proofing.

🔹 BlackRock's European Bitcoin ETP has scaled to $1.1 billion in assets, managing approximately 14,200 Bitcoin, highlighting deepening institutional involvement in Bitcoin products.

📈 In the last 24 hours, Bitcoin's price moved +1.7% to $79.71k and trading volume moved +119.6% to $34.99b.

... Read More

🔹 Bitcoin's PACTs proposal strengthens quantum resistance for pre-2012 addresses, preserving decentralization against potential quantum threats.

🔹 US Representative proposes a strategic federal Bitcoin reserve to diversify national assets amid increasing crypto legislation.

🔹 BTC surges to $79k with robust institutional investment, buoyed by encouraging Federal Reserve positions and high trading volumes.

🔹 Sustained net inflows for Spot Bitcoin ETFs over five weeks indicate continued growth and investor interest.

📈 In the last 24 hours, Bitcoin's price moved +0.11% to $78.37k and trading volume moved -53.89% to $15.94b.

... Read More

🔹 CFTC is considering Bitcoin perpetual futures in the U.S., potentially boosting institutional trading and regulatory oversight, highlighting integration between traditional and digital finance.

🔹 Bitcoin's rise to $78,000 is driven by ETF inflows and futures dynamics, with institutional interest fueled by increased legislative clarity, emphasizing its potential as a geopolitical hedge.

🔹 Taiwan's contemplation of Bitcoin for foreign reserves underscores digital assets' role in managing geopolitical risks, marking a shift in traditional financial strategies.

📈 In the last 24 hours, Bitcoin's price moved +1.17% to $78.30k and trading volume moved +13.73% to $34.56b.

... Read More

🔹 BlackRock and Fidelity's $2.44 billion Bitcoin ETF inflow ends institutional winter, significantly enhancing market structure.

🔹 Bitcoin remains a hedge against inflation with future potential, despite facing market outflows and risks.

🔹 Growing investor interest evident as Bitcoin spot ETFs witness $14.76M net inflows, highlighting increased market attention.

🔹 The U.S. government's ownership of 300,000 BTC exemplifies the institutional shift towards Bitcoin, causing supply compression.

📈 In the last 24 hours, Bitcoin's price moved +1.76% to $77.39k and trading volume moved -23.98% to $30.37b.

... Read More

Bitcoin community

Hot Topic
BTC finally erased the brutal Q1 dump Is BTC back above its bull market line?
Community sentiment6.4M votes
80%
20%
$BTC Prediction for May 7
Spend10Prize pool:2,380
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🔥 $80K Support Holds! Tech Boom vs. Geopolitical Heat


Markets are waking up green as $BTC confidently holds above $80,800 (+1.51%), ignoring the geopolitical noise in the Strait of Hormuz. 🚀


While President Trump’s "Project Freedom" ramps up naval activity to secure shipping lanes, Wall Street is betting big on the AI wave. LPL Research just upgraded equities to "tactical overweight," predicting a massive tech earnings boom. 🤖


Key Movers:

🔹 Pinterest (PINS): Surged 16% on strong forecasts.

🔹 AMD: Up 1.9% ahead of tonight’s earnings - the next big test for AI momentum.

🔹 The Fed: Markets price a 95.9% chance of rates staying paused in June. ⏸


With crude oil dipping and gold rising, BTC is acting as the ultimate high-beta tech proxy. If AMD beats expectations tonight, expect another liquidity injection into the crypto space.


#BTC Price Analysis#

#Bitcoin Price Prediction: What is Bitcoins next move?#

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$BTC is sitting in an interesting spot right now.


Capriole Investments founder calling for $96K isn’t random noise. The backdrop is pretty aggressive - large players are absorbing more than 500% of daily mined BTC supply. Historically, when this metric spikes like that, $BTC tends to trend higher, roughly around +24% over the following week on average.


Look at the structure on the chart. We pushed through $80K and instead of rejecting hard, price held. That matters. You can see dips getting bought faster, candles recovering quicker. That’s usually what early trend continuation looks like, not distribution.


Real talk, once $BTC reclaimed $80K, the $96K target stopped sounding like a bold prediction and started sounding like a measured extension of the same move. Not guaranteed, nothing is, but it fits the current flow.


Disclaimer: This is not financial or investment advice. Do your own research before making any decisions. Use at your own risk.


#BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#

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Apple and Tesla On-Chain: Monad Brings Tokenized U.S. Stocks to DeFi 🍎⛓


Monad is rapidly becoming the home of Real-World Assets (RWA). 🚀 In April, the ecosystem added tokenized NASDAQ stocks, allowing users to trade Apple, Tesla, and Nvidia 24/5 directly from their Web3 wallets.


Using $USDC for settlement and 1:1 backing, Monad is blurring the line between traditional brokerage and DeFi.


Beyond equities, Centrifuge has brought tokenized Treasury bills and Apollo credit products to the network. 🛡 Combined with the expansion of cbBTC (Coinbase’s wrapped Bitcoin) liquidity, Monad is building a high-speed hub for institutional-grade assets. From yield-bearing $BTC to on-chain stocks, the network is positioning itself as the primary rail for users who want traditional financial exposure without the legacy middleman. 📈

#BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?# #BTC #Apple

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The market’s finally waking up, and $BTC is looking like it’s found its groove again. Sitting at $80,874, we’re seeing some serious resilience. Yeah, we’re still 36% off that $126k peak from last October, but don’t let that distract you from the bigger picture. 📈


The tech setup is spicy. Ali Martinez pointed out a bullish MACD crossover that already sparked a 15% rally. If we can clear the 200-day moving average at $83k, we’re likely fast-tracking to $89k or even $94k. 🚀


The Whale vs. Retail Gap 🐋 Here’s the kicker: Whales just inhaled over 4,500 BTC ($362M) in 24 hours. Meanwhile, retail is still ghosting us—network activity is at two-year lows. It’s a classic institutional accumulation phase. MicroStrategy is now sitting on 818,000 BTC, and BlackRock’s ETF is a behemoth. 🏦


$100K incoming? Arthur Hayes is eyeing the $100K mark post-summer as liquidity flows back in. Bitcoin is outperforming the Nasdaq even with geopolitical drama. It’s proving to be the ultimate hedge. 🛡


The Play: Watch that $83k level like a hawk. If we flip it to support, the bears are going to have a very bad summer. Stay sharp. 👊


What’s your vibe—accumulation or waiting for a dip? Let’s hear it. 👇


#BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?# #Bitcoin

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With $BTC drawing attention as it tests key levels, the real play here is $AI

By combining both Launchpool (4,580,000 $AI up to 57% APR) and CandyBomb (300,000 $AI), this becomes more than a single campaign, it’s a dual-strategy window.

You earn passively through staking in Launchpool while simultaneously boosting rewards through active trading in CandyBomb. That combination increases your total exposure and overall allocation.

Passive income + active rewards = stronger positioning. Smart moves.

And with the short duration, it’s a high-efficiency opportunity for anyone who acts early and stays consistent.

#BTC Price Analysis# #Meme Alpha#

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Trump is holding back. At least for now. He does not call Iran’s strikes on the UAE a ceasefire violation, saying most missiles and drones were intercepted. Still, he gave Iran 24 hours to “think about it”.


Oil is flat. S&P 500 futures slightly green. And $BTC quietly pushed to 81k.


That’s the interesting part. Crypto is reacting faster than equities here.


$BTC structure still looks bullish. There is room toward 90k if momentum holds. But older traders remember April 2022 - same vibe. Slow grind up, confidence coming back, then a fake breakout that trapped everyone before the real drop.


ETH is also waking up. 4H looks constructive, trying to build a base for a 1D impulse. But the real level is 2400. Until that breaks clean, this is just positioning, not a breakout.


DYOR!


#BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#

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$BTC How do you feel today?

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Bitcoin Yield

  • CeFi
    CeFi
  • DeFi
    DeFi
  • All
    All
All Types

#

Service Provider
Yield Type

Net APY

DeFi/CeFi
-
Nexo
Nexo
Sponsored
Earn (Locked), Earn (Flexi)
2.70%-6.20%
CeFi
1
Binance
Binance
Earn (Flexi)
0.04%-0.29%
CeFi
2
Bybit
Bybit
Earn (Locked), Staking, Earn (Flexi)
0.10%-10.00%
CeFi
3
Bitget
Bitget
Earn (Flexi), Earn (Locked)
0.12%-10.00%
CeFi
4
Gate
Gate
Earn (Locked), Staking, Earn (Flexi)
0.30%-10.30%
CeFi
5
KuCoin
KuCoin
Earn (Locked), Earn (Flexi)
0.02%-0.50%
CeFi
6
MEXC
MEXC
Earn (Flexi)
0.50%-10.00%
CeFi
7
BingX
BingX
Earn (Flexi), Earn (Locked)
0.30%-4.00%
CeFi
8
BitMart
BitMart
Earn (Flexi), Earn (Locked)
1.30%-15.00%
CeFi
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Bitcoin Market Cycles
See More

Puell Multiple Status

0.8558
UndervaluedOvervalued

Pi Cycle Top Status

111DMA$73,880.39
Didn't cross
350DMA x2$191,960.25

Crypto Market Cycle Top Indicators

0.0%
Hit:0/30
HoldSell

Puell Multiple

  • 30d
    30d
  • 1y
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Puell Multiple
Undervalued
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Bitcoin Price
Created with Highcharts 11.1.00.20.41241020Jan 2012Jan 2014Jan 2016Jan 2018Jan 2020Jan 2022Jan 2024Jan 2026$0.01$1$100$10K$1M
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Bitcoin Treasury Holdings

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#
Company name
Ticker
Country
BTC Holdings
Current value
Latest acquisitions
Cost basis
Source
Last update
1
Strategy
MSTR
US
818,334
$66.68B
3273
$75.53K
Apr 27, 2026
2
MARA Holdings, Inc.
MARA
US
52,850
$4.3B
736
--
Sep 30, 2025
3
Twenty One Capital
XXI
US
43,514
$3.54B
--
--
--
--
4
XXI
CEP
US
43,500
$3.54B
--
$87K
Jul 29, 2025
5
Metaplanet Inc.
MPJPY
JP
40,177
$3.27B
--
--
--
--
6
Bitcoin Standard Treasury Company
CEPO
US
30,021
$2.44B
--
--
--
--
7
Bullish
BLSH
US
24,300
$1.98B
--
--
--
--
8
Riot Platforms, Inc.
RIOT
US
18,005
$1.46B
460
--
Dec 31, 2025
9
Coinbase Global, Inc.
COIN
US
15,389
$1.25B
868
$71K
Feb 12, 2026
10
Strive
ASST
US
15,000
$1.22B
27
--
Apr 20, 2026
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About Bitcoin

Explain with CMC AI

What Is Bitcoin (BTC)?

Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.

Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.”

Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use.

Who Are the Founders of Bitcoin?

Bitcoin’s original inventor is known under a pseudonym, Satoshi Nakamoto. As of 2021, the true identity of the person — or organization — that is behind the alias remains unknown.

On October 31, 2008, Nakamoto published Bitcoin’s whitepaper, which described in detail how a peer-to-peer, online currency could be implemented. They proposed to use a decentralized ledger of transactions packaged in batches (called “blocks”) and secured by cryptographic algorithms — the whole system would later be dubbed “blockchain.”

Just two months later, on January 3, 2009, Nakamoto mined the first block on the Bitcoin network, known as the genesis block, thus launching the world’s first cryptocurrency. Bitcoin price was $0 when first introduced, and most Bitcoins were obtained via mining, which only required moderately powerful devices (e.g. PCs) and mining software. The first known Bitcoin commercial transaction occurred on May 22, 2010, when programmer Laszlo Hanyecz traded 10,000 Bitcoins for two pizzas. At Bitcoin price today in mid-September 2021, those pizzas would be worth an astonishing $478 million. This event is now known as “Bitcoin Pizza Day.” In July 2010, Bitcoin first started trading, with the Bitcoin price ranging from $0.0008 to $0.08 at that time.

However, while Nakamoto was the original inventor of Bitcoin, as well as the author of its very first implementation, he handed the network alert key and control of the code repository to Gavin Andresen, who later became lead developer at the Bitcoin Foundation. Over the years a large number of people have contributed to improving the cryptocurrency’s software by patching vulnerabilities and adding new features.

Bitcoin’s source code repository on GitHub lists more than 750 contributors, with some of the key ones being Wladimir J. van der Laan, Marco Falke, Pieter Wuille, Gavin Andresen, Jonas Schnelli and others.

What Makes Bitcoin Unique?

Bitcoin’s most unique advantage comes from the fact that it was the very first cryptocurrency to appear on the market.

It has managed to create a global community and give birth to an entirely new industry of millions of enthusiasts who create, invest in, trade and use Bitcoin and other cryptocurrencies in their everyday lives. The emergence of the first cryptocurrency has created a conceptual and technological basis that subsequently inspired the development of thousands of competing projects.

The entire cryptocurrency market — now worth more than $2 trillion — is based on the idea realized by Bitcoin: money that can be sent and received by anyone, anywhere in the world without reliance on trusted intermediaries, such as banks and financial services companies.

Thanks to its pioneering nature, BTC remains at the top of this energetic market after over a decade of existence. Even after Bitcoin has lost its undisputed dominance, it remains the largest cryptocurrency, with a market capitalization that surpassed the $1 trillion mark in 2021, after Bitcoin price hit an all-time high of $64,863.10 on April 14, 2021. This is owing in large part to growing institutional interest in Bitcoin, and the ubiquitousness of platforms that provide use-cases for BTC: wallets, exchanges, payment services, online games and more.

How Much Bitcoin Is in Circulation?

Bitcoin’s total supply is limited by its software and will never exceed 21,000,000 coins. New coins are created during the process known as “mining”: as transactions are relayed across the network, they get picked up by miners and packaged into blocks, which are in turn protected by complex cryptographic calculations.

As compensation for spending their computational resources, the miners receive rewards for every block that they successfully add to the blockchain. At the moment of Bitcoin’s launch, the reward was 50 bitcoins per block: this number gets halved with every 210,000 new blocks mined — which takes the network roughly four years. As of 2020, the block reward has been halved three times and comprises 6.25 bitcoins.

Bitcoin has not been premined, meaning that no coins have been mined and/or distributed between the founders before it became available to the public. However, during the first few years of BTC’s existence, the competition between miners was relatively low, allowing the earliest network participants to accumulate significant amounts of coins via regular mining: Satoshi Nakamoto alone is believed to own over a million Bitcoin.

Mining Bitcoins can be very profitable for miners, depending on the current hash rate and the price of Bitcoin. While the process of mining Bitcoins is complex, we discuss how long it takes to mine one Bitcoin on CoinMarketCap Alexandria — as we wrote above, mining Bitcoin is best understood as how long it takes to mine one block, as opposed to one Bitcoin. As of mid-September 2021, the Bitcoin mining reward is capped to 6.25 BTC after the 2020 halving, which is roughly $299,200 in Bitcoin price today.

How Is the Bitcoin Network Secured?

Bitcoin is secured with the SHA-256 algorithm, which belongs to the SHA-2 family of hashing algorithms, which is also used by its fork Bitcoin Cash (BCH), as well as several other cryptocurrencies.

What Is Bitcoin’s Role as a Store of Value?

Bitcoin is the first decentralized, peer-to-peer digital currency. One of its most important functions is that it is used as a decentralized store of value. In other words, it provides for ownership rights as a physical asset or as a unit of account. However, the latter store-of-value function has been debated. Many crypto enthusiasts and economists believe that high-scale adoption of the top currency will lead us to a new modern financial world where transaction amounts will be denominated in smaller units.

The smallest units of Bitcoin, 0.00000001 BTC, are called Satoshis (or Sats in short), in a nod to the pseudonymous creator. At Bitcoin price now, 1 Satoshi is equivalent to roughly $0.00048.

The top crypto is considered a store of value, like gold, for many — rather than a currency. This idea of the first cryptocurrency as a store of value, instead of a payment method, means that many people buy the crypto and hold onto it long-term (or HODL) rather than spending it on items like you would typically spend a dollar — treating it as digital gold.

How Is Bitcoin’s Technology Upgraded?

A hard fork is a radical change to the protocol that makes previously invalid blocks/transactions valid, and therefore requires all users to upgrade. For example, if users A and B are disagreeing on whether an incoming transaction is valid, a hard fork could make the transaction valid to users A and B, but not to user C.

A hard fork is a protocol upgrade that is not backward compatible. This means every node (computer connected to the Bitcoin network using a client that performs the task of validating and relaying transactions) needs to upgrade before the new blockchain with the hard fork activates and rejects any blocks or transactions from the old blockchain. The old blockchain will continue to exist and will continue to accept transactions, although it may be incompatible with other newer Bitcoin clients.

A soft fork is a change to the Bitcoin protocol wherein only previously valid blocks/transactions are made invalid. Since old nodes will recognise the new blocks as valid, a soft fork is backward-compatible. This kind of fork requires only a majority of the miners upgrading to enforce the new rules.

Some examples of prominent cryptocurrencies that have undergone hard forks are the following: Bitcoin’s hard fork that resulted in Bitcoin Cash, Ethereum’s hard fork that resulted in Ethereum Classic.

Bitcoin Cash has been hard forked since its original forking, with the creation of Bitcoin SV. Read more about the difference between Bitcoin, Bitcoin Cash and Bitcoin SV here.

What Is Taproot?

Taproot is a soft fork that bundles together BIP 340, 341 and 342 and aims to improve the scalability, efficiency, and privacy of the blockchain by introducing several new features.

The two major changes are the introduction of the Merkelized Abstract Syntax Tree (MAST) and Schnorr Signature. MAST introduces a condition allowing the sender and recipient of a transaction to sign off on its settlement together. Schnorr Signature allows users to aggregate several signatures into one for a single transaction. This results in multi-signature transactions looking the same as regular transactions or more complex ones. By introducing this new address type, users can also save on transaction fees, as even complex transactions look like simple, single-signature ones.

Although HODLers will probably not notice a big impact, Taproot could become a key milestone to equipping the network with smart contract functionality. In particular, Schnorr Signatures would lay the foundation for more complex applications to be built on top of the existing blockchain, as users start switching to Taproot addresses primarily. If adopted by users, Taproot could, in the long run, result in the network developing its own DeFi ecosystem that rivals those on alternative blockchains like Ethereum.

What Is the Lightning Network?

The Lightning Network is an off-chain, layered payment protocol that operates bidirectional payment channels which allows instantaneous transfer with instant reconciliation. It enables private, high volume and trustless transactions between any two parties. The Lightning Network scales transaction capacity without incurring the costs associated with transactions and interventions on the underlying blockchain.

Who Are the Largest Corporate Holders of Bitcoin?

A few years ago, the idea that a publicly traded company might hold Bitcoin on its balance sheets seemed highly laughable. The flagship cryptocurrency was considered to be too volatile to be adopted by any serious business. Many top investors, including Warren Buffett, labeled the asset a “bubble waiting to pop.”

This negative sentiment appears to have been broken, with a number of corporate behemoths buying up Bitcoin since 2020. In particular, business intelligence firm MicroStrategy set the pace after it bought $425 million worth of Bitcoin in August and September 2020. Since then, many others have followed suit, including EV manufacturer Tesla.

MicroStrategy has by far the largest Bitcoin portfolio held by any publicly-traded company. The business analytics platform has adopted Bitcoin as its primary reserve asset, aggressively buying the cryptocurrency through 2021 and 2022. As of August 30, 2022, the company had 129,699 Bitcoin in its reserve, equivalent to just over $2.5 billion.

Other top corporate holders include Marathon Digital Holdings, with 10,054 BTC, Coinbase (9,000), Square Inc. (8,027), and Hut 8 Mining Corp. (7,078).

Is Bitcoin Political?

Bitcoin is becoming more political by the day, particularly after El Salvador began accepting the currency as legal tender. The country's president, Nayib Bukele, announced and implemented the decision almost unilaterally, dismissing criticism from his citizens, the Bank of England, the IMF, Vitalik Buterin and many others. Since the Bitcoin legal tender law was passed in September 2021, Bukele has also announced plans to build Bitcoin City, a city fully based on mining Bitcoin with geothermal energy from volcanoes.

Countries like Mexico, Russia and others have been rumored to be candidates also to accept Bitcoin as legal tender, but thus far, El Salvador stands alone.

On the flip side, countries like China have moved to heavily clamp down on Bitcoin mining and trading activities. In May 2021, the Chinese government declared that all crypto-related transactions are illegal. This was followed by a heavy crackdown on Bitcoin mining operations, forcing many crypto-related businesses to flee to friendlier regions.

Surprisingly, the anti-crypto stance of the Chinese government has done little to stop the industry. According to data by the University of Cambridge, China is now the second-biggest contributor to Bitcoin's global hash rate, only behind the United States.

How Much Is Bitcoin?

The current valuation of Bitcoin is constantly moving, all day every day. It is a truly global asset. From a start of under one cent per coin, BTC has risen in price by thousands of percent to the numbers you see above. The prices of all cryptocurrencies are quite volatile, meaning that anyone’s understanding of how much Bitcoin is will change by the minute. However, there are times when different countries and exchanges show different prices and understanding how much Bitcoin is will be a function of a person’s location.

Where Can You Buy Bitcoin (BTC)?

Bitcoin is, in many regards, almost synonymous with cryptocurrency, which means that you can buy Bitcoin on virtually every crypto exchange — both for fiat money and other cryptocurrencies. Some of the main markets where BTC trading is available are:

If you are new to crypto, use CoinMarketCap’s own educational portal — Alexandria — to learn how to start buying Bitcoin and other cryptocurrencies.

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Bitcoin Energy Consumption

Over the past few decades, consumers have become more curious about their energy consumption and personal effects on climate change. When news stories started swirling regarding the possible negative effects of Bitcoin’s energy consumption, many became concerned about Bitcoin and criticized this energy usage. A report found that each Bitcoin transaction takes 1,173 KW hours of electricity, which can “power the typical American home for six weeks.” Another report calculates that the energy required by Bitcoin annually is more than the annual hourly energy usage of Finland, a country with a population of 5.5 million.

The news has produced commentary from tech entrepreneurs to environmental activists to political leaders alike. In May 2021, Tesla CEO Elon Musk even stated that Tesla would no longer accept the cryptocurrency as payment, due to his concern regarding its environmental footprint. Though many of these individuals have condemned this issue and move on, some have prompted solutions: how do we make Bitcoin more energy efficient? Others have simply taken the defensive position, stating that the Bitcoin energy problem may be exaggerated.

At present, miners are heavily reliant on renewable energy sources, with estimates suggesting that Bitcoin’s use of renewable energy may span anywhere from 40-75%. However, to this point, critics claim that increasing Bitcoin’s renewable energy usage will take away from solar sources powering other sectors and industries like hospitals, factories or homes. The Bitcoin mining community also attests that the expansion of mining can help lead to the construction of new solar and wind farms in the future.

Furthermore, some who defend Bitcoin argue that the gold and banking sector — individually — consume twice the amount of energy as Bitcoin, making the criticism of Bitcoin’s energy consumption a nonstarter. Moreover, the energy consumption of Bitcoin can easily be tracked and traced, which the same cannot be said of the other two sectors. Those who defend Bitcoin also note that the complex validation process creates a more secure transaction system, which justifies the energy usage.

Another point that Bitcoin proponents make is that the energy usage required by Bitcoin is all-inclusive such that it encompasess the process of creating, securing, using and transporting Bitcoin. Whereas with other financial sectors, this is not the case. For example, when calculating the carbon footprint of a payment processing system like Visa, they fail to calculate the energy required to print money or power ATMs, or smartphones, bank branches, security vehicles, among other components in the payment processing and banking supply chain.

What exactly are governments and nonprofits doing to reduce Bitcoin energy consumption? Earlier this year in the U.S., a congressional hearing was held on the topic where politicians and tech figures discussed the future of crypto mining in the U.S, specifically highlighting their concerns regarding fossil fuel consumption. Leaders also discussed the current debate surrounding the coal-to-crypto trend, particularly regarding the number of coal plants in New York and Pennsylvania that are in the process of being repurposed into mining farms.

Aside from congressional hearings, there are private sector crypto initiatives dedicated to solving environmental issues such as the Crypto Climate Accord and Bitcoin Mining Council. In fact, the Crypto Climate Accord proposes a plan to eliminate all greenhouse gas emissions by 2040, And, due to the innovative potential of Bitcoin, it is reasonable to believe that such grand plans may be achieved.

Crypto Wallets

The most popular wallets for cryptocurrency include both hot and cold wallets. Cryptocurrency wallets vary from hot wallets and cold wallets. Hot wallets are able to be connected to the web, while cold wallets are used for keeping large amounts of coins outside of the internet.

Some of the top crypto cold wallets are Trezor, Ledger and CoolBitX. Some of the top crypto hot wallets include Exodus, Electrum and Mycelium.

Still not sure of which wallet to use? Check out CoinMarketCap Alexandria’s guide on the top cold wallets of 2021 and top hot wallets of 2021.

Bitcoin Whitepaper Summary

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Overview

Bitcoin is a groundbreaking digital payment system that lets people send money directly to each other without needing banks or middlemen.

Think of it like digital cash that works over the internet, but with special security features that prevent people from copying or double-spending the money.

It solves a major problem in digital payments by creating a secure, decentralized way to track transactions that everyone can trust.

Since its launch in 2009, Bitcoin has grown into a global financial phenomenon, with millions of users and widespread institutional adoption.

Technology

Imagine a giant digital ledger that everyone can see, but no one person controls - that's basically what Bitcoin's blockchain is.

When you send Bitcoin to someone, that transaction gets broadcast to a network of computers around the world.

These computers, called miners, work together to verify transactions and group them into 'blocks' - kind of like pages in that giant ledger.

To make sure everyone agrees on which transactions happened when, Bitcoin uses something called 'proof-of-work'.

Think of it like a really hard math puzzle that computers have to solve.

The first computer to solve the puzzle gets to add the next block of transactions to the chain and receives some new Bitcoin as a reward.

This system makes it extremely difficult for anyone to cheat or change past transactions because they'd have to redo all those puzzles and convince everyone to accept their version of events.

The beauty of Bitcoin's design is that it doesn't require trust in any single person or organization.

Instead, it relies on mathematics, cryptography, and the fact that it's more profitable for participants to play by the rules than to try to cheat the system.

Tokenomics

Bitcoin's economic system is designed to work like digital gold.

Just like there's a limited amount of gold in the world, there will only ever be 21 million Bitcoin.

New Bitcoin are created through mining - when computers solve those complex puzzles to verify transactions, they're rewarded with newly created Bitcoin.

This reward started at 50 Bitcoin per block and gets cut in half about every four years in what's called the 'halving'.

Currently, miners receive 3.125 Bitcoin for each block they add to the chain, with the next halving expected in 2028, which will reduce the reward to 1.5625 Bitcoin.

This decreasing supply schedule makes Bitcoin naturally resistant to inflation, unlike traditional money that can be printed by governments at will.

When people make Bitcoin transactions, they can also include small fees that go to the miners.

These fees help incentivize miners to keep processing transactions even as the block rewards get smaller over time.

As of early 2025, almost 20 million Bitcoin have already been mined, with the final Bitcoin expected to be mined around the year 2140.

Roadmap

Bitcoin's development follows a careful, conservative approach focused on maintaining security and stability.

Unlike many other crypto projects, Bitcoin doesn't have a formal roadmap or a single team controlling its development.

Instead, improvements are proposed, discussed, and implemented through a community-driven process.

Major updates require broad consensus among users, miners, and developers to be adopted.

Current development efforts focus on improving Bitcoin's scalability through solutions like the Lightning Network, which allows for faster and cheaper transactions, and enhancing privacy and security features.

Recent developments include Taproot, a major upgrade implemented in 2021 that improves privacy and smart contract functionality.

The community is also working on various Layer 2 solutions and sidechains to enhance Bitcoin's utility while maintaining its core principles of security and decentralization.

Team

Bitcoin was created by someone using the pseudonym Satoshi Nakamoto, who published the Bitcoin whitepaper in 2008 and launched the network in 2009.

Satoshi's true identity remains unknown, and they stepped away from the project in 2010.

Today, Bitcoin is maintained by a global community of developers who contribute to its open-source code.

No single person or organization controls Bitcoin - its development and operation are truly decentralized, which is a key feature that makes it resistant to control or manipulation by any single entity.

The development community has grown significantly since Bitcoin's inception, with numerous contributors working on various aspects of the protocol, from core development to Layer 2 solutions.

 
 
 
 
 
 

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