BTC USD — Bitcoin Price and Chart

Overview

BTCUSD chart

Key facts today

Bitcoin's price dropped below $100,000 after Federal Reserve Chairman Jerome Powell announced plans to tighten monetary policy next year, likely reducing market liquidity and affecting risk assets.

Bitcoin (BTCUSD) fell from over $108,000 to around $92,000 in ten days, now trading at $94,000. Trading volumes dropped 64% last week, while stablecoin reserves on Binance increased to $29 billion.

Bitcoin surpassed the $100,000 price mark for the first time in December 2024, marking a significant milestone in its history.

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About Bitcoin

Bitcoin is the world’s most traded cryptocurrency, and represents the largest piece of the crypto market pie. It was the first digital coin and as such, remains the most famous and widely-adopted cryptocurrency in the world. It's the original gangster in whose footsteps all other coins follow. The birth of Bitcoin was the genesis of an entirely new asset class, and a huge step away from traditional, centrally controlled money. Today, many advocates believe Bitcoin will facilitate the next stage for the global financial system, although this — of course — remains to be seen.