Bitcoin Price Chart
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Bitcoin Market Capitilization
bitcoinprice.org provides fast loading real time bitcoin price charts and historical bitcoin charts with advanced technical indicators and chart drawing tools. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin. Bitcoins are traded in many different exchanges around the world and exchanged for many different national currencies as well as other cryptocurrencies as a result the bitcoin price provided by different exchanges can vary, although it remains at a relatively similar bitcoin price between the exchanges. This is why you will see varying bitcoin prices depending on the exchange which is providing the bitcoin price data feed. There are bitcoin price indexes which average the price from a number of popular exchanges.
The bitcoin price is sometimes referred to as the BTC price. The bitcoin currency unit is given the informal currency code BTC. The most commonly used symbol for Bitcoin is a capital letter B with two falling strokes at the top and bottom. This symbol was designed by Satoshi Nakamoto. The ISO 4217 currency code for Bitcoin is XBT.
Typically the bitcoin price you will pay when you buy bitcoins or sell bitcoins will be different. The price you buy bitcoin at is always higher than the price you can sell bitcoins at. This is because like all markets the bitcoin market has a spread between the buy and sell price. This is also how bitcoin exchanges make a profit by selling bitcoins at a higher price than what they buy bitcoins for.
bitcoinprice.org aims to provide a neutral position on bitcoin and simply presents the value of bitcoin in all the worlds national currencies as determined by a range of popular bitcoin exchanges.
We provide bitcoin price history charts and bitcoin price tickers, so you can educate yourself on the bitcoin price performance and make a prediction of the future price of bitcoin. We provide links to popular bitcoin news articles so you can keep updated on news that effects the bitcoin price trend.
We provide bitcoin price market capitalization, which is the total value of all bitcoins in circulation. The market capitalization changes as the bitcoin price changes as determined by exchanges where bitcoin is traded.
bitcoin prices change 24 hours a day, 365 days per year and are not determined by any one national financial market or exchange but by many different exchanges around the world which operate continuously. There is no official closing price for bitcoin as markets for bitcoin never close. Instead various websites pick an arbitrary time point each day to calculate the change in price from the previous day from, such as 12pm.
Bitcoin is now the sixth most circulated currency in the world in terms of notes in circulation according to the Bank of International Settlements. This is based on a bitcoin price of $10,765 US Dollars, and $180 Billion USD worth of bitcoin in circulation as of December 3, 2017.
A bitcoin can be divided down to 8 decimal places. 0.00000001 BTC is the smallest amount that can be handled in a transaction. Bitcoin is decentralized, so there is no organization that can set official names for units. The most common units are bitcoins, bits, and satoshi: 1 bitcoin = 1 000 000.00 bits = 100 000 000 satoshi. satoshi is sometimes abbreviated to sat. The Bitcoin protocol uses a base unit of one hundred-millionth of a Bitcoin (“a Satoshi”), but unused bits are available in the protocol fields that could be used to denote even smaller subdivisions.
Common SI prefixes used for the bitcoin price:
- 0.01 BTC = 1 cBTC = 1 centibitcoin (also referred to as bitcent)
- 0.001 BTC = 1 mBTC = 1 millibitcoin (also referred to as mbit (pronounced em-bit) or millibit or even bitmill)
- 0.000 001 BTC = 1 μBTC = 1 microbitcoin (also referred to as ubit (pronounced yu-bit) or microbit)
The value of bitcoins is created because they are scarce similar to gold. Bitcoins are not backed by anything other than there are many people and merchants who will accept them for payment, similar to US Dollars. Bitcoins have value because they are trusted as a method of payment for goods and services.
Some say that the increase in the Bitcoin Price does not come from the endorsement, acceptance, nor regulation by governments. Instead, that the increase in the Bitcoin Price comes from the inherent failures, limitations, and inconveniences of its competitor: Fiat Money Systems.
When central banks print more fiat currency it has always resulted in people trying to find safe havens for their wealth. Traditionally this has been gold and silver because they can’t be printed and there is a finite supply, but Bitcoin is fast developing as an alternate safe haven.
On 18 August 2008, the domain name bitcoin.org was registered. In November 2008, a link to a paper authored by Satoshi Nakamoto titled Bitcoin: A Peer-to-Peer Electronic Cash System was posted to a cryptography mailing list.
In January 2009, the bitcoin network came into existence with the release of the first open source bitcoin client and the issuance of the first bitcoins, with Satoshi Nakamoto mining the first block of bitcoins ever.
|Date||USD : 1 BTC||Notes|
|Jan 2009 – Mar 2010||basically none||No exchanges or market, users were mainly cryptography fans who were sending bitcoins for hobby purposes representing low or no value.|
|Mar 2010||$0.003||On 17 Mar 2010, the now-defunct BitcoinMarket.com exchange is the first one that starts operating.|
|May 2010||less than $0.01||On 22 May 2010, Laszlo Hanyecz made the first real-world transaction by buying two pizzas for 10,000 BTC.|
|July 2010||$0.08||In five days, the price grew 1000%, rising from $0.008 to $0.08 for 1 bitcoin.|
|November 2010||$0.25||One gram of gold was listed for sale for equivilant of 200 bitcoins by a user on bitcoin.org forums quoting the gold price per gram at goldprice.org at $44USD at the time.|
|Feb 2011 – April 2011||$1.00||Bitcoin Price takes parity with US dollar.|
|8 July 2011||$31.00||top of first “bubble”, followed by the first bitcoin price drop|
|Dec 2011||$2.00||minimum after few months|
|Dec 2012||$13.00||slowly rising for a year|
|11 April 2013||$266||top of a bitcoin price rally, during which the value was growing by 5-10% daily.|
|May 2013||$130||basically stable, again slowly rising.|
|June 2013||$100||in June slowly dropping to $70, but rising in July to $110|
|Nov 2013||$350 — $1,242||from October $150–$200 in November, rising to $1,242 on 29 November 2013.|
|Dec 2013||$600 — $1,000||Bitcoin Price crashed to $600, rebounded to $1,000, crashed again to the $500 range. Stabilized to the ~ $650–$800 range.|
|Jan 2014||$750 — $1,000||Bitcoin Price spiked to $1000 briefly, then settled in the $800–$900 range for the rest of the month.|
|Feb 2014||$550 — $750||Bitcoin Price fell following the shutdown of Mt. Gox before recovering to the $600–$700 range.|
|Mar 2014||$450 — $700||Bitcoin Price continued to fall due to a false report regarding bitcoin ban in China and uncertainty over whether the Chinese government would seek to prohibit banks from working with digital currency exchanges.|
|Apr 2014||$340 — $530||The lowest Bitcoin Price since the 2012-2013 Crypriot financial crisis had been reached at 3:25 AM on 11 April|
|May 2014||$440 — $630||The downtrend first slow down and then reverse, increasing over 30% in the last days of May.|
|Mar 2015||$200 — $300||Bitcoin Price fell through to early 2015.|
|Early Nov 2015||$395 — $504||Large spike in Bitcoin Price from 225–250 at the start of October to the 2015 record high of $504.|
|May–June 2016||$450 — $750||Large spike in Bitcoin Price starting from $450 and reaching a maximum of $750.|
|July–September 2016||$600 — $630||Bitcoin Price stabilized in the low $600 range.|
|October–November 2016||$600 — $780||As the Chinese Renminbi depreciated against the US Dollar, the Bitcoin Price rose to the upper $700s.|
|January 2017||$800 — $1,150|
|5-12 January 2017||$750 — $920||Bitcoin Price fell 30% in a week, reaching a multi-month low of $750.|
|2-3 March 2017||$1,290+||Bitcoin Price broke above the November 2013 high of $1,242 and then traded above $1,290.|
|April 2017||$1,210 — $1,250|
|May 2017||$2,000||Bitcoin Price reached a new high, reaching US$1,402.03 on 1 May 2017, and over US$1,800 on 11 May 2017. On 20 May 2017, the price of one bitcoin passed US$2,000 for the first time.|
|May–June 2017||$2,000 — $3,200+||Bitcoin Price reached an all-time high of $3,000 on 12 June and is oscilating around $2,500 since then. As of 6 August 2017, the Bitcoin Price is $3,270.|
|August 2017||$4,400||On 5 August 2017, the Bitcoin Price passed US$3,000 for the first time. On 12 August 2017, the Bitcoin Price was US$4,000 for the first time. Two days later, the Bitcoin Price passed US$4,400 for the first time.|
|September 2017||$5000||On 1 September 2017, the Bitcoin Price passed US$5,000 for the first time, topping out at US$5,013.91.|
|12 September 2017||$2900||Bitcoin Price dipped harshly from China’s bitcoin ICO and exchange crackdown.|
|13 October 2017||$5600||Bitcoin Price shot back up as the world moves on past the incident following China’s crackdown.|
|21 October 2017||$6180||Bitcoin Price hit another all time high as the impending forks draw closer.|
|2 November 2017||$7354||Bitcoin Price hits another all time high on CME Future Exchange listing.|
|8 November 2017||$7888||Bitcoin Price reaches a new all-time high after participants of the SegWit2x hard fork announce they have “suspended” it.|
|10 November 2017||$6429||Bitcoin Price drops over $1000 after SegWit2x hard fork suspension.|
|12 November 2017||$5555||Bitcoin Price low while Bitcoin Cash Price spiked to $3486 from $650 in 3 days then fell back to $1300 the next day.|
|16 November 2017||$8000||Bitcoin Price hits a new record high on news about $103 billion hedge fund to trade in bitcoins, Amazon to accept bitcoin and bitcoin to trade on Wall Street via a bitcoin ETF.|