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One of the biggest forces behind every major crypto bull run is the Bitcoin halving. This event cuts the number of new BTC entering circulation in half, and happens every four years. In November 2024, Bitcoin surpassed the $100,000 mark for the first time. However, rather than continuing to surge, the asset massive price-related resistance.

Crypto Converter

Click on the various time duration options on the upper right of the price chart to view Bitcoin to USD price information over the past 24 hours, 7 days, 90 days, etc. Furthermore, for Bitcoin’s vision of being an electronic cash alternative and therefore needing to handle microtransactions, the existing fee structure had to improve. After all, while users would be happy to pay a few dollars as a fee to move millions from one account to another, the same fee would be unacceptable when buying a cup of coffee. Since Bitcoin blockchain records just the opening and closing of these channels, it reduces network usage. There is also additional privacy in these Lightning Network transactions as they don’t individually appear on the blockchain. These halvings and the predefined nature of Bitcoin’s supply make Bitcoin’s monetary supply almost perfectly transparent.

He even flagged a possible drop to $10K if things unravel; though that’s definitely the worst-case kind of talk. New tech developments like the Taproot upgrade (which improved privacy, speed, and smart contract abilities) and the ongoing growth of add-on systems like the Lightning Network are crucial for its future. Plus, China and the U.S. have recently agreed to ratchet down their trade war.

Alternatively, you could just sell your Bitcoin in person if you find a trustworthy buyer. Bitcoin dominance is a measure of Bitcoin’s share of the total crypto market cap. The metric is derived from dividing the total value of all digital assets in circulation by the market capitalization of Bitcoin. Historically, Bitcoin has always controlled the largest share of the crypto market. However, with the rise of new digital currencies since Bitcoin’s first block in 2009, Bitcoin dominance has fallen from 100% in 2013 and 88% in 2014 to just 38% in 2022. Bitcoin runs on a network where users connect directly, without needing banks or governments to oversee things.

In terms of market cap, Bitcoin is currently ranked #1 in the Proof-of-Work Coins sector and ranked #1 in the Layer 1 sector. Bitcoin price today is $ 103,866 with a 24-hour trading volume of $ 27.15B, market cap of $ 2.06T, and market dominance of 62.25%. In the beginning, miners could use moderately powerful devices like CPUs and GPUs.

On-chain analysis and market sentiment

Now, in 2025, Bitcoin has transformed yet again, into a unique asset that some are now calling digital gold. This final transformation could be the key to unlocking its true long-term value. If investors begin to view Bitcoin as more than just an ultra-risky tech asset, it could unlock trillions of dollars in market cap. Realistically, the most likely way for you to lose your Bitcoin is user error. This can happen if your private keys are accidentally deleted, lost, or stolen. However, there are many precautions to prevent this from happening – you can secure your wallet through best practices or by using cryptocurrency service providers that offer a high level of security and insurance.

How much is 1 Bitcoin worth in USD today?

When we talk about Bitcoin technology (the protocol and the cryptography), the security track record has been very solid so far. The Bitcoin network perhaps is the biggest distributed computing project worldwide. Once you have some BTC, you can trade it on a cryptocurrency exchange, send it to your friends or use it to buy goods from stores that accept Bitcoin. Alternatively, you could just hold it for a long period of time and hope that it becomes more valuable in the future. With the price of Bitcoin increasing so much in the last decade, most investors cannot afford to purchase a whole BTC.

Bitcoin started off as a niche interest for cryptography and technology enthusiasts and eventually exploded in popularity, with the BTC price growing to thousands of dollars. In other words, $15.55B have changed hands within the past 24 hours through trading. The current value of Bitcoin is $102,925.38, following a -1.38% change over the past 24 hours. The Bitcoin to USD price chart shown above displays Bitcoin to USD price changes over the past 24 hours.

What is Bitcoin halving?

• Because of the variety of technical features it integrates and the way it connects participants from all corners of the globe, Bitcoin is often considered far more than a simple financial asset or monetary unit.
• Approximately every 10 minutes, Bitcoin transactions are batched into a “block” and added to the ledger.
• Some users like to hold their Bitcoin on cryptocurrency exchanges.
• Having seen three havlings already, Bitcoin’s supply issuance currently stands at 6.25 BTC every 10 minutes on average.

Just like any other tradeable asset, the price of Bitcoin is based on supply and demand. These dynamics can sometimes be unpredictable, and it’s impossible to list all the factors that contribute to Bitcoin price movements. User balances are kept on a public ledger that is fully transparent and accessible to all.

To purchase Bitcoin, all you need is a wallet and some alternate currency or goods to trade for Bitcoin. 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 how to buy flow coin city fully based on mining Bitcoin with geothermal energy from volcanoes.

• Bitcoin miners set up their hardware to tackle resource-intensive mathematical problems, and whoever gets the right solution first gets to add the next block to the blockchain.
• 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.
• You’ll also need to do this if you want to convert BTC into dollars or other currencies.
• When fewer coins are being created, but people still want in (especially with more institutional investors in crypto), the price often spikes.

It was released in 2009 and was the first successful currency of its kind. The original reward of 50 BTC per mined block as of the genesis block has been halved several times to 25, 12.5, and, as of 11 May 2020, to 6.25 BTC. The Bitcoin protocol dictates that these Halvings take place every 210,000 blocks.

If history, halving cycles, and growing demand are any indicators, then yes, Bitcoin is expected to keep going up over the long term. Recent data shows that whales have accumulated over 100,000 BTC since early March 2025, signaling confidence in Bitcoin’s long-term value. This move was driven by institutional investments and widespread recognition as a digital asset. Do note that another peak — almost $69,000 — followed a few months later.

The next halving will take place in 2024, cutting the amount per block to 3.125 BTC. Defenders of Bitcoin also point to the carbon footprint of gold, which is considered by some to be a similar asset class to BTC, being double that of Bitcoin’s. The global banking sector is estimated to have a similarly large carbon footprint, and quantifying that of the financial services industry as a whole has not yet been managed.

Who Are the Largest Corporate Holders of Bitcoin?

CoinCodex tracks 41,000+ cryptocurrencies on 400+ exchanges, offering live prices, price predictions, and financial tools for crypto, stocks, and forex traders. BTC coins are created whenever a block is successfully added to the Bitcoin blockchain. The miner examples of dapps who adds the newest block to the blockchain receives a block reward in the form of BTC. New Bitcoins will continue being created this way until 21 million BTC coins have been created. When that hard limit is hit, no new BTC will be created anymore and miners will only be compensated with transaction fees. Some users like to hold their Bitcoin on cryptocurrency exchanges.

The first price of Bitcoin was $0.07, according the true costs and roi of implementing ai in the enterprise to CoinCodex data, which tracks the Bitcoin price starting from August 2010. In order to ensure the security of the network, Bitcoin uses a Proof-of-Work algorithm. The process of facilitating transactions and creating new coins is referred to as “mining”. Bitcoin is provably scarce and because of its halving schedule, the cryptocurrency is programmed to become more scarce. Thanks to its proof of work algorithm, mining protects the protocol from disruption and interference, making it resistant to any form of modification or corruption. An asset that cannot become less scarce will likely perform well over time due to its supply and demand dynamics.