BTC USD — Bitcoin Price and Chart

Overview

BTCUSD chart

Key facts today

On December 2, MicroStrategy announced the purchase of 15,400 Bitcoin for $1.5 billion at an average price of $95,976 per BTC, indicating continued institutional interest in Bitcoin.

Crypto analyst TradingShot forecasts Bitcoin could hit $150,000 by 2025, with current trends suggesting a rally. A breakout is expected in October 2024, linked to the US presidential elections.

Bitcoin exchange reserves have hit a multi-year low, with over 171,000 BTC withdrawn from major exchanges since November 5. This drop suggests a growing trend of long-term holding among traders.

Analyze the impact Analyze the impact

Key stats

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.