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Cryptocurrencies Bitcoin
Bitcoin

Bitcoin BTC

Overall Ranking: #1
coin
Bitcoin Price (BTC)
$26,870.27
0.82% Buy BTC

14.81 ETH

Low: $26,603.58
High: $27,116.76
24h
Market Cap
$520,755,560,198
0.82%
Fully Diluted Market Cap
$564,411,968,942
0.82%
Volume
24h
$8,832,495,965
36.20%
Volume / Market Cap
0.0170
Circulating Supply
19,380,362 BTC
92.29%
Max Supply
21,000,000
Total Supply
19,380,362
Bitcoin BTC
Price: $26,870.27
0.82% Buy BTC
Price: $26.87K
0.82%
Buy BTC
Satoshi Nakamoto<\/a><\/strong>, the founder of BTC, proposed the idea of Bitcoin and presented its whitepaper in an online cryptography forum.<\/p>\r\n<p>In the whitepaper, the components of the Bitcoin protocol were defined in detail, along with how they would work together to maintain security. Bitcoin was referred to as <strong>an electronic<\/strong> <strong>peer-to-peer payment system based on mathematical proof<\/strong>. Besides that, the whitepaper explained how a new sort of database (a blockchain) would be used to record and maintain the records of Bitcoin transactions.<\/p>\r\n<p>In January 2009, Satoshi Nakamoto created the very first block of the Bitcoin blockchain, this way launching the first crypto asset in the world. The block is known as the Genesis block, or Block 0. Within this block, Nakamoto left a message: <em>\"The Times 03\/Jan\/2009 Chancellor on brink of second bailout for banks.\"<\/em> This was a headline taken from The London Times. Thus,<strong> Bitcoin was created immediately following the Financial Crisis of 2008.<\/strong><\/p>\r\n<p>Nakamoto posted the first version of Bitcoin on a website for developers called SourceForge. This enabled anyone to see the source code and run it.<\/p>\r\n<p>Up until 2010, Satoshi kept on writing the Bitcoin code himself. However, after that, he left it in the hands of <strong>Gavin Andersen<\/strong> and the whole open-source community. Now, there&rsquo;s a long list of contributors that deal with Bitcoin&rsquo;s source code including Marco Falke, Jonas Schnelli, and many others.<\/p>\r\n<p>Satoshi Nakamoto has been out of the picture for a pretty long time. Since nobody has ever been able to determine who Nakamoto is, the man's identity has remained a mystery. Anybody or even a group of people could be Nakamoto. Over the years, there have been many theories about who he is, but none of them have been proven.<\/p>\r\n<p>When talking about the story of the Bitcoin crypto project, it's also important to bring up May 22, 2010, known as the legendary <strong>Bitcoin Pizza Day. <\/strong>This is the day when Laszlo Hanyecz spent 10,000 Bitcoin to buy two pizzas. It was the first real-life transaction using BTC tokens.<\/p>\r\n<p>At that time, the Bitcoin price varied from $0.0008 to $0.08. However, now, given the fact that the Bitcoin price is worth thousands of dollars, these two pizzas would cost millions of dollars. These would be some pricey pizzas.<\/p>\r\n<p>Overall, as time goes on, Bitcoin is becoming more and more prevalent in our daily life. For instance, in 2021, <strong>El Salvador accepted Bitcoin as a legal tender<\/strong>, and it was the first country to do that. Apart from El Salvador, there are many other countries that plan to implement this change or have already done it. Besides, the president of El Salvador, Nayib Bukele, is planning to create a city where the sole source of electricity is the geothermal energy from volcanoes that would be used to mine BTC tokens.<\/p>\r\n<h2>How Does Bitcoin Work?<\/h2>\r\n<p>Firstly, it should be noted that the <strong><a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//learn//crypto-terms//what-is-sha-256/">SHA-256 algorithm is used to secure Bitcoin. <\/strong>In addition to being utilized for transaction verification, it controls address generation and management. Since Bitcoin uses double SHA-256, algorithm operations are applied twice. The algorithm's primary purpose is to protect sensitive data.<\/p>\r\n<p>Essentially, a 256-bit hexadecimal number is used to encrypt transaction data that is stored in a block. All transactional information and details related to previous blocks are contained in that number.<\/p>\r\n<p><strong>What happens with that number?<\/strong> Overall, miners (those who participate in the process of mining as validators and creators of new blocks) have a queued list of transactions they have to validate. They take one transaction and all attempt to verify it at the same time. Essentially, miners have to solve a nonce (a four-byte number) included in the block header.<\/p>\r\n<p>A miner continually hashes or generates the block header at random until it reaches a target value set by the blockchain. After that, a new block is constructed so that additional transactions can be encrypted and confirmed after the block header has been resolved.<\/p>\r\n<p>Thus, the consensus mechanism that Bitcoin employs is <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//learn//crypto-terms//what-is-proof-of-work-pow/">Proof-of-Work (PoW)<\/strong><\/a>. It&rsquo;s a mechanism that requires miners to solve mathematical puzzles to add new blocks to the blockchain and verify various transactions as it was just described.<\/p>\r\n<p>In exchange for utilizing specialized software to solve mathematical problems, miners receive a specific amount of Bitcoin. By providing users with Bitcoin as rewards, new BTC tokens are issued. This way more people are encouraged to mine.<\/p>\r\n<p>Talking about mining rewards, there&rsquo;s also a process known as Bitcoin <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//learn//crypto-terms//what-is-halving/">halving. It&rsquo;s a core rule that <strong>reduces miner rewards by half every 210,000 blocks<\/strong>. Bitcoin block rewards began at 50 BTC per block. However, as of the previous halving that happened in 2020, it&rsquo;s now 6.25 BTC per block. Up until the final Bitcoin is mined in roughly 2140, the rewards will continue to decrease in this manner every four years.<\/p>\r\n<p>Lastly, note that Bitcoin employs<strong> the Lightning Network<\/strong>. Essentially, it&rsquo;s a <strong><a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//learn//crypto-terms//what-is-layer-2/">second-layer solution, which enables transactions to be processed more quickly among participating nodes. Besides, it&rsquo;s designed to address the problem of Bitcoin's scalability. The Lightning Network functions on top of the blockchain. Additionally, while BTC transactions are often done on-chain, the Lightning Network allows users to shift their transactions off-chain.<\/p>\r\n<h2>How to Mine Bitcoin?<\/h2>\r\n<p>There are a few ways to mine Bitcoins. One of them is to <strong>use a<\/strong> <strong>Bitcoin-compatible mining program <\/strong>on your current personal computer to join a mining pool. Groups of miners create mining pools and pool their computing power. They do that to improve their mining process and compete against the massive ASIC mining farms.<\/p>\r\n<p>However, you could also <strong>buy an application-specific integrated circuit (ASIC) miner<\/strong> if you have the money to do so. A new one typically costs roughly $20,000. Though miners also sell used ones when they improve their equipment. Just take into consideration that there will also be additional electricity and cooling costs.<\/p>\r\n<p>In any case, don't forget to check out the current BTC price. You can do that by looking at the Bitcoin price chart featured above.<\/p>\r\n<h2>The Bitcoin Supply<\/h2>\r\n<p>The total supply of Bitcoin is limited to 21 million tokens. This means that, once it reaches this amount, there will be no possibility of creating new tokens. Besides, note that no tokens have been given to the creators prior to the initial Bitcoin release to the general public.<\/p>\r\n<p><strong>All existing Bitcoin tokens were created during the process of mining <\/strong>after the release to the public. Now, there&rsquo;s a lot of competition in the process of mining Bitcoin tokens because, due to the current hash rate and the BTC price, Bitcoin mining is quite profitable. Though when Bitcoin was first released, a lot of early miners managed to collect substantial sums of BTC tokens through routine mining, given that there was little competition to do that.<\/p>\r\n<p>When it was launched, the Bitcoin price was $0. After a year, it varied from $0.0008 to $0.08. However, it didn't stop here, Bitcoin's value continued to grow every year, eventually reaching tens of thousands of dollars. Based on its market capitalization, as of writing this article, Bitcoin continues to be the top cryptocurrency. Just keep in mind that the BTC price is just as erratic as the prices of any other crypto assets. It is impacted by a wide range of variables that cause the whole cryptocurrency market to fluctuate.<\/p>\r\n<h2>How Can Bitcoin Be Upgraded?<\/h2>\r\n<p>To upgrade Bitcoin, or any other cryptocurrency, hard and soft forks are used.<\/p>\r\n<p><strong>A hard fork <\/strong>is a process when a blockchain splits into two chains. This involves <strong>significant protocol changes<\/strong> and typically produces new digital currencies. Since hard fork results in permanent modifications that are not backward-compatible, all nodes must be updated in order for the old and new network versions to work together.<\/p>\r\n<p>One of the bigger proposals to hard fork Bitcoin to expand its block size from 1 MB to 8 MB surfaced in 2017. By changing the block size, it was intended to alter the possible amount and the speed of the BTC transactions. Unfortunately, the majority of the community rejected this proposal. However, the remaining portion of the community decided to go with it, which resulted in the creation of <strong><a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//buy-bitcoin-cash-bch/">Bitcoin Cash (BCH)<\/a><\/strong>.<\/p>\r\n<p>Later, BCH had a few more hard forks itself, which created additional cryptocurrencies. Besides, after the BCH hard fork that occurred in 2020, a new chain was developed called Bitcoin Cash Node (BCHN).<\/p>\r\n<p>Another way to upgrade the Bitcoin network is through a soft fork. <strong>A soft fork <\/strong>is when a blockchain is altered to add or remove functionality <strong>without significantly altering the structure of the network. <\/strong>The nodes that decide not to upgrade to new consensus rules can still access new transactions and blocks. This is what differentiates a soft fork from a hard fork &ndash; a soft fork is backward-compatible. Besides, not all miners need to approve a soft fork for it to happen, just the majority.<\/p>\r\n<p>Over the years, Bitcoin has employed a number of soft forks to update the network, fix bugs, or add functionality. This assisted in avoiding the more divisive hard fork option, which calls for forcing all miners to accept new consensus rules and runs the risk of severing the network.<\/p>\r\n<p><strong>One of the more popular soft forks of Bitcoin is Taproot<\/strong>, which was activated in November 2021 at block 709,632. The goal of the Taproot soft fork was to increase the efficiency, scalability, and privacy of crypto transactions on the Bitcoin network. Three independent <strong><a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//learn//crypto-terms//what-is-bitcoin-improvement-proposal-bip/">Bitcoin Improvement Proposals (BIPs)<\/a><\/strong> &ndash; BIP340, BIP341, and BIP342 &ndash; were a part of the upgrade.<\/p>\r\n<p>The Merkelized Abstract Syntax Tree (MAST) and Schnorr Signatures were the two main modifications introduced by Taproot. <strong>The<\/strong> <strong>Schnorr Signatures<\/strong> contribute to transaction authorization optimization by enhancing security and lightening the data burden. It allows users to combine multiple signatures into a single one for a single transaction. <strong>MAST<\/strong>, on the other hand, helped reduce the amount of transactional data sent by smart contracts to the blockchain. It enables the sender and recipient of a transaction to approve the transaction's settlement simultaneously.<\/p>\r\n<h2>The Environmental Footprint of Bitcoin<\/h2>\r\n<p>Many people argue that Bitcoin takes up a tremendous amount of electricity which might contribute to environmental issues. In fact, even <strong>Elon Musk decided to reject BTC tokens as a payment method for Tesla <\/strong>in 2021 because of the environmental footprint that Bitcoin has.<\/p>\r\n<p><strong>Essentially, this happens due to the consensus mechanism of Bitcoin.<\/strong> Since PoW requires miners to use computer power to solve mathematical puzzles, it usually takes a lot of electricity. In fact, it was stated in one report regarding Bitcoin energy consumption that transactions of BTC take such an amount of electricity that would be sufficient for an average American house to last six weeks.<\/p>\r\n<p>However, a lot of people also believe that the problem with Bitcoin energy consumption might be a bit exaggerated.<strong> It&rsquo;s argued that the banking industry requires twice as much energy as Bitcoin consumes.<\/strong><\/p>\r\n<p>Besides, the banking industry has a much larger carbon footprint overall. This is due to the fact that, in addition to earning money, we also need to transport it to ATMs, safeguard it with security measures, develop ways to distribute it, and so forth. All of it uses more energy and has a far larger impact on the environment. However, it&rsquo;s usually not taken into account when counting the energy consumption of banks.<\/p>\r\n<p>Thus, it&rsquo;s hard to track and trace the energy consumption of the banking industry. Though it&rsquo;s not the case with Bitcoin because you can easily track and trace all of the sources that consume energy.<\/p>\r\n<p>Currently, <strong>the majority of energy used by BTC token miners comes from renewable sources<\/strong>. However, again, not everyone is happy with this idea. Some people claim that the growing use of renewable energy by Bitcoin may reduce the quantity of renewable energy available for usage in buildings such as homes, hospitals, or factories.&nbsp;<\/p>\r\n<p>Though Bitcoin plans to build new reusable energy farms specifically for mining. This will be put into practice if the mining operations become even more extensive.<\/p>\r\n<p>Besides, there are various initiatives that aim to solve the issues of the environmental footprint of Bitcoin. <strong>The Crypto Climate Accord and the Bitcoin Mining Council<\/strong> are two examples of these initiatives. In fact, the Crypto Climate Accord suggests a strategy to end all greenhouse gas emissions by 2040. It&rsquo;s believed that such ambitious goals might be accomplished given Bitcoin's inventive potential.<\/p>","link":"https:\/\/www.bitdegree.org\/cryptocurrency-prices\/bitcoin-btc-price","crypto_currency_info":{"id":1,"crypto_currency_id":62,"description":"Bitcoin (BTC) is a cryptocurrency . Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 18,993,381. The last known price of Bitcoin is 44,524.07243414 USD and is up 3.54 over the last 24 hours. It is currently trading on 9274 active market(s) with $33,600,681,547.64 traded over the last 24 hours. More information can be found at https:\/\/bitcoin.org\/.","tags":"[\"mineable\",\"pow\",\"sha-256\",\"store-of-value\",\"state-channel\",\"coinbase-ventures-portfolio\",\"three-arrows-capital-portfolio\",\"polychain-capital-portfolio\",\"binance-labs-portfolio\",\"blockchain-capital-portfolio\",\"boostvc-portfolio\",\"cms-holdings-portfolio\",\"dcg-portfolio\",\"dragonfly-capital-portfolio\",\"electric-capital-portfolio\",\"fabric-ventures-portfolio\",\"framework-ventures-portfolio\",\"galaxy-digital-portfolio\",\"huobi-capital-portfolio\",\"alameda-research-portfolio\",\"a16z-portfolio\",\"1confirmation-portfolio\",\"winklevoss-capital-portfolio\",\"usv-portfolio\",\"placeholder-ventures-portfolio\",\"pantera-capital-portfolio\",\"multicoin-capital-portfolio\",\"paradigm-portfolio\"]","platform":null,"category":"coin","cmc_logo":"https:\/\/s2.coinmarketcap.com\/static\/img\/coins\/64x64\/1.png","original_links":"{\"website\":[\"https:\\\/\\\/bitcoin.org\\\/\"],\"twitter\":[],\"message_board\":[\"https:\\\/\\\/bitcointalk.org\"],\"chat\":[],\"facebook\":[],\"explorer\":[\"https:\\\/\\\/blockchain.info\\\/\",\"https:\\\/\\\/live.blockcypher.com\\\/btc\\\/\",\"https:\\\/\\\/blockchair.com\\\/bitcoin\",\"https:\\\/\\\/explorer.viabtc.com\\\/btc\"],\"reddit\":[\"https:\\\/\\\/reddit.com\\\/r\\\/bitcoin\"],\"technical_doc\":[\"https:\\\/\\\/bitcoin.org\\\/bitcoin.pdf\"],\"source_code\":[\"https:\\\/\\\/github.com\\\/bitcoin\\\/bitcoin\"],\"announcement\":[]}","links":"{\"website\":{\"bitcoin.org\":\"https:\\\/\\\/bitcoin.org\\\/\"},\"community\":{\"bitcointalk.org\":\"https:\\\/\\\/bitcointalk.org\",\"reddit.com\":\"https:\\\/\\\/reddit.com\\\/r\\\/bitcoin\",\"twitter.com\":\"https:\\\/\\\/twitter.com\\\/bitcoin\"},\"explorer\":{\"blockchain.info\":\"https:\\\/\\\/blockchain.info\\\/\",\"live.blockcypher.com\":\"https:\\\/\\\/live.blockcypher.com\\\/btc\\\/\",\"blockchair.com\":\"https:\\\/\\\/blockchair.com\\\/bitcoin\",\"explorer.viabtc.com\":\"https:\\\/\\\/explorer.viabtc.com\\\/btc\"},\"technical_doc\":\"https:\\\/\\\/bitcoin.org\\\/bitcoin.pdf\",\"source_code\":\"https:\\\/\\\/github.com\\\/bitcoin\\\/bitcoin\"}","data":"{\"id\":1,\"name\":\"Bitcoin\",\"symbol\":\"BTC\",\"category\":\"coin\",\"description\":\"Bitcoin (BTC) is a cryptocurrency . Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 18,993,381. The last known price of Bitcoin is 44,524.07243414 USD and is up 3.54 over the last 24 hours. It is currently trading on 9274 active market(s) with $33,600,681,547.64 traded over the last 24 hours. More information can be found at https:\\\/\\\/bitcoin.org\\\/.\",\"slug\":\"bitcoin\",\"logo\":\"https:\\\/\\\/s2.coinmarketcap.com\\\/static\\\/img\\\/coins\\\/64x64\\\/1.png\",\"subreddit\":\"bitcoin\",\"notice\":\"\",\"tags\":[\"mineable\",\"pow\",\"sha-256\",\"store-of-value\",\"state-channel\",\"coinbase-ventures-portfolio\",\"three-arrows-capital-portfolio\",\"polychain-capital-portfolio\",\"binance-labs-portfolio\",\"blockchain-capital-portfolio\",\"boostvc-portfolio\",\"cms-holdings-portfolio\",\"dcg-portfolio\",\"dragonfly-capital-portfolio\",\"electric-capital-portfolio\",\"fabric-ventures-portfolio\",\"framework-ventures-portfolio\",\"galaxy-digital-portfolio\",\"huobi-capital-portfolio\",\"alameda-research-portfolio\",\"a16z-portfolio\",\"1confirmation-portfolio\",\"winklevoss-capital-portfolio\",\"usv-portfolio\",\"placeholder-ventures-portfolio\",\"pantera-capital-portfolio\",\"multicoin-capital-portfolio\",\"paradigm-portfolio\"],\"tag-names\":[\"Mineable\",\"PoW\",\"SHA-256\",\"Store Of Value\",\"State Channel\",\"Coinbase Ventures Portfolio\",\"Three Arrows Capital Portfolio\",\"Polychain Capital Portfolio\",\"Binance Labs Portfolio\",\"Blockchain Capital Portfolio\",\"BoostVC Portfolio\",\"CMS Holdings Portfolio\",\"DCG Portfolio\",\"DragonFly Capital Portfolio\",\"Electric Capital Portfolio\",\"Fabric Ventures Portfolio\",\"Framework Ventures Portfolio\",\"Galaxy Digital Portfolio\",\"Huobi Capital Portfolio\",\"Alameda Research Portfolio\",\"a16z Portfolio\",\"1Confirmation Portfolio\",\"Winklevoss Capital Portfolio\",\"USV Portfolio\",\"Placeholder Ventures Portfolio\",\"Pantera Capital Portfolio\",\"Multicoin Capital Portfolio\",\"Paradigm Portfolio\"],\"tag-groups\":[\"OTHERS\",\"ALGORITHM\",\"ALGORITHM\",\"CATEGORY\",\"CATEGORY\",\"CATEGORY\",\"CATEGORY\",\"CATEGORY\",\"CATEGORY\",\"CATEGORY\",\"CATEGORY\",\"CATEGORY\",\"CATEGORY\",\"CATEGORY\",\"CATEGORY\",\"CATEGORY\",\"CATEGORY\",\"CATEGORY\",\"CATEGORY\",\"CATEGORY\",\"CATEGORY\",\"CATEGORY\",\"CATEGORY\",\"CATEGORY\",\"CATEGORY\",\"CATEGORY\",\"CATEGORY\",\"CATEGORY\"],\"urls\":{\"website\":[\"https:\\\/\\\/bitcoin.org\\\/\"],\"twitter\":[],\"message_board\":[\"https:\\\/\\\/bitcointalk.org\"],\"chat\":[],\"facebook\":[],\"explorer\":[\"https:\\\/\\\/blockchain.coinmarketcap.com\\\/chain\\\/bitcoin\",\"https:\\\/\\\/blockchain.info\\\/\",\"https:\\\/\\\/live.blockcypher.com\\\/btc\\\/\",\"https:\\\/\\\/blockchair.com\\\/bitcoin\",\"https:\\\/\\\/explorer.viabtc.com\\\/btc\"],\"reddit\":[\"https:\\\/\\\/reddit.com\\\/r\\\/bitcoin\"],\"technical_doc\":[\"https:\\\/\\\/bitcoin.org\\\/bitcoin.pdf\"],\"source_code\":[\"https:\\\/\\\/github.com\\\/bitcoin\\\/bitcoin\"],\"announcement\":[]},\"platform\":null,\"date_added\":\"2013-04-28T00:00:00.000Z\",\"twitter_username\":\"\",\"is_hidden\":0,\"date_launched\":null,\"contract_address\":[],\"self_reported_circulating_supply\":null,\"self_reported_tags\":null,\"self_reported_market_cap\":null}","launched_at":null,"created_at":"2022-03-25T14:20:16.000000Z","updated_at":"2023-05-18T14:34:11.000000Z"},"crypto_currency_social":{"id":62,"crypto_currency_id":62,"twitter":"{\"name\":\"Bitcoin\",\"username\":\"@bitcoin\",\"follower_count\":5796148,\"following_count\":26,\"tweet_count\":24640,\"created_at\":\"2011-08-18 00:00:00\"}","reddit":"{\"subscribers\":4964603,\"description\":\"Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation and corrupt banks. With Bitcoin, you can be your own bank.\",\"created_at\":\"2010-09-09 00:00:00\",\"subreddit_type\":\"public\",\"subreddit_name\":\"r\\\/bitcoin\",\"moderators\":30,\"hot\":[{\"title\":\"Bitcoin Newcomers FAQ - Please read!\",\"author\":\"BitcoinFan7\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Bitcoin\\\/comments\\\/11sswss\\\/bitcoin_newcomers_faq_please_read\\\/\",\"created_at\":\"2023-03-16 12:35:32\",\"icons\":[]},{\"title\":\"Daily Discussion, May 21, 2023\",\"author\":\"rBitcoinMod\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Bitcoin\\\/comments\\\/13nko3w\\\/daily_discussion_may_21_2023\\\/\",\"created_at\":\"2023-05-21 06:06:17\",\"icons\":[]},{\"title\":\"UK banks making cash withdrawals extremely difficult, treating their customers as if they are suspects in a potential crime. BE YOUR OWN BANK.\",\"author\":\"chrisxinghua\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Bitcoin\\\/comments\\\/13o76zx\\\/uk_banks_making_cash_withdrawals_extremely\\\/\",\"created_at\":\"2023-05-21 21:40:03\",\"icons\":[]},{\"title\":\"The Mayor of Miami has been buying #Bitcoin with every paycheck for nearly 2 years He\\u2019s stacked over 6 $BTC \\ud83d\\udca5\",\"author\":\"CryptoShubh\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Bitcoin\\\/comments\\\/13nyhxi\\\/the_mayor_of_miami_has_been_buying_bitcoin_with\\\/\",\"created_at\":\"2023-05-21 15:52:30\",\"icons\":[]},{\"title\":\"Explaining Bitcoin under 3 minutes. Credit @TuttleTwinsTv\",\"author\":\"Relai_Alex\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Bitcoin\\\/comments\\\/13nlccy\\\/explaining_bitcoin_under_3_minutes_credit\\\/\",\"created_at\":\"2023-05-21 06:43:33\",\"icons\":[]},{\"title\":\"For the first time in US history, both a Republican and Democrat presidential candidate, announced they will accept Lightning donations for their campaigns.\",\"author\":\"polloponzi\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Bitcoin\\\/comments\\\/13nxela\\\/for_the_first_time_in_us_history_both_a\\\/\",\"created_at\":\"2023-05-21 15:07:54\",\"icons\":[]},{\"title\":\"The fall of US neocolonialism\",\"author\":\"KAX1107\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Bitcoin\\\/comments\\\/13nr0cd\\\/the_fall_of_us_neocolonialism\\\/\",\"created_at\":\"2023-05-21 11:52:25\",\"icons\":[]},{\"title\":\"NEW - \\ud83c\\uddfa\\ud83c\\uddf8 U.S. Senator Cynthia Lummis: \\\"#Bitcoin is advantageous in that it allows individuals their own sovereignty and to implement and use and secure their own values as Americans.\\\" \\ud83d\\udc4f\",\"author\":\"CryptoShubh\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Bitcoin\\\/comments\\\/13nr5r5\\\/new_us_senator_cynthia_lummis_bitcoin_is\\\/\",\"created_at\":\"2023-05-21 11:59:55\",\"icons\":[]},{\"title\":\"Before Bitcoin we had rai stones as a form of hard money!\",\"author\":\"Crypto-hercules\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Bitcoin\\\/comments\\\/13o69g7\\\/before_bitcoin_we_had_rai_stones_as_a_form_of\\\/\",\"created_at\":\"2023-05-21 21:03:02\",\"icons\":[]},{\"title\":\"Signal through the noise: Open source stage was jam packed with not even enough standing room. Bitcoin magazine did not have a live stream for it or the enterprise stage\",\"author\":\"KAX1107\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Bitcoin\\\/comments\\\/13noar4\\\/signal_through_the_noise_open_source_stage_was\\\/\",\"created_at\":\"2023-05-21 09:25:32\",\"icons\":[\"https:\\\/\\\/i.redd.it\\\/award_images\\\/t5_22cerq\\\/ooo0r2cq7q161_Defeated.png\"]},{\"title\":\"Ok decision made I\\u2019m ditching ledger and going Coldcard! \\ud83d\\udc4d\",\"author\":\"jamsmash2020\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Bitcoin\\\/comments\\\/13nrh9o\\\/ok_decision_made_im_ditching_ledger_and_going\\\/\",\"created_at\":\"2023-05-21 12:15:09\",\"icons\":[]},{\"title\":\"Bitcoin vs The IMF - Bitcoin 2023\",\"author\":\"MrDexterX\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Bitcoin\\\/comments\\\/13o041n\\\/bitcoin_vs_the_imf_bitcoin_2023\\\/\",\"created_at\":\"2023-05-21 16:58:21\",\"icons\":[]},{\"title\":\"Strike expands globally \\ud83c\\udf0d, RFK Jr turns to BTC \\u26a1, Ledger shoots itself \\ud83e\\udd26\\u200d\\u2640\\ufe0f\",\"author\":\"GeeWow\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Bitcoin\\\/comments\\\/13o8owt\\\/strike_expands_globally_rfk_jr_turns_to_btc\\\/\",\"created_at\":\"2023-05-21 22:39:51\",\"icons\":[]},{\"title\":\"Should I connect my bitcoin node via clearnet, tor, i2p, or a combination of these options?\",\"author\":\"Tiptapslap\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Bitcoin\\\/comments\\\/13nznfn\\\/should_i_connect_my_bitcoin_node_via_clearnet_tor\\\/\",\"created_at\":\"2023-05-21 16:39:25\",\"icons\":[]},{\"title\":\"Vivek Ramaswamy Joins Robert F. Kennedy Jr. in Embracing Bitcoin Donations for 2024 Presidential Campaign\",\"author\":\"azcoinnews\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Bitcoin\\\/comments\\\/13nm6fw\\\/vivek_ramaswamy_joins_robert_f_kennedy_jr_in\\\/\",\"created_at\":\"2023-05-21 07:28:36\",\"icons\":[]},{\"title\":\"#Bitcoin is the Key.\",\"author\":\"BitBeget\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Bitcoin\\\/comments\\\/13nowk7\\\/bitcoin_is_the_key\\\/\",\"created_at\":\"2023-05-21 09:59:24\",\"icons\":[]},{\"title\":\"Interest Rates Not Set By Market\",\"author\":\"antennawire\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Bitcoin\\\/comments\\\/13o92ex\\\/interest_rates_not_set_by_market\\\/\",\"created_at\":\"2023-05-21 22:55:46\",\"icons\":[]},{\"title\":\"Ladger recover.\",\"author\":\"swissmachinist16\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Bitcoin\\\/comments\\\/13oasxq\\\/ladger_recover\\\/\",\"created_at\":\"2023-05-22 00:09:57\",\"icons\":[]},{\"title\":\"SaylorWaves, 1 Hour of Relaxing Michael Saylor speaking about Bitcoin\",\"author\":\"yeho_meta\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Bitcoin\\\/comments\\\/13nqzfk\\\/saylorwaves_1_hour_of_relaxing_michael_saylor\\\/\",\"created_at\":\"2023-05-21 11:51:12\",\"icons\":[]},{\"title\":\"Safely storing BTC\",\"author\":\"Wolf-of-CFD\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Bitcoin\\\/comments\\\/13o1pzh\\\/safely_storing_btc\\\/\",\"created_at\":\"2023-05-21 18:01:23\",\"icons\":[]},{\"title\":\"One of the world\\u2019s largest oil and gas companies, Shell, attending the worlds biggest Bitcoin conference. Probably nothing.\",\"author\":\"polloponzi\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Bitcoin\\\/comments\\\/13n2a29\\\/one_of_the_worlds_largest_oil_and_gas_companies\\\/\",\"created_at\":\"2023-05-20 18:25:52\",\"icons\":[]},{\"title\":\"Is it true that to send Bitcoin it doesn't require KYC?\",\"author\":\"JavedCensored\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Bitcoin\\\/comments\\\/13o00kp\\\/is_it_true_that_to_send_bitcoin_it_doesnt_require\\\/\",\"created_at\":\"2023-05-21 16:54:16\",\"icons\":[]},{\"title\":\"Michael Saylor's Latest Provocative Insight on Bitcoin\",\"author\":\"infokings\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Bitcoin\\\/comments\\\/13nyj0o\\\/michael_saylors_latest_provocative_insight_on\\\/\",\"created_at\":\"2023-05-21 15:53:50\",\"icons\":[]},{\"title\":\"Miami Mayor: \\\"Every two weeks, my mayoral salary is directly deposited into my Strike account and converted directly into #Bitcoin\\\" \\ud83d\\udc4f\",\"author\":\"TheLuckyLeandro\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Bitcoin\\\/comments\\\/13n0sge\\\/miami_mayor_every_two_weeks_my_mayoral_salary_is\\\/\",\"created_at\":\"2023-05-20 17:24:59\",\"icons\":[]},{\"title\":\"U.S. Presidential candidate Robert Kennedy Jr to accept Bitcoin Lightning payments to his campaign- the first Presidential campaign ever!\",\"author\":\"CryptoKingSA\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Bitcoin\\\/comments\\\/13monn3\\\/us_presidential_candidate_robert_kennedy_jr_to\\\/\",\"created_at\":\"2023-05-20 10:50:25\",\"icons\":[\"https:\\\/\\\/www.redditstatic.com\\\/gold\\\/awards\\\/icon\\\/Illuminati_512.png\"]},{\"title\":\"\\\"There are no women in bitcoin\\\"\",\"author\":\"KAX1107\",\"link\":\"https:\\\/\\\/reddit.com\\\/r\\\/Bitcoin\\\/comments\\\/13myk22\\\/there_are_no_women_in_bitcoin\\\/\",\"created_at\":\"2023-05-20 15:54:08\",\"icons\":[]}]}","github":"{\"stars\":69600,\"watchers\":3932,\"forks\":34256,\"language\":\"C++\",\"license\":\"MIT License\",\"repo_name\":\"bitcoin\\\/bitcoin\",\"repo_link\":\"https:\\\/\\\/github.com\\\/bitcoin\\\/bitcoin\",\"public_repos\":4,\"bio\":null,\"type\":\"Organization\",\"username\":\"bitcoin\",\"user_link\":\"https:\\\/\\\/github.com\\\/bitcoin\",\"created_at\":\"2010-12-18 00:00:00\"}","telegram":null,"domain":"{\"domain_rating\":90,\"ahrefs_top\":1630,\"traffic\":919916.9259834479,\"website\":\"https:\\\/\\\/bitcoin.org\"}"},"buy_page":{"id":1,"crypto_currency_id":62,"button_link":"https:\/\/www.bitdegree.org\/crypto\/goon\/binance-buy-crypto","slug":"bitcoin-btc","created_at":"2020-12-29T08:37:49.000000Z","updated_at":"2023-02-24T10:14:17.000000Z","content":null,"middle_cta_text":"Choosing to buy BTC with a credit card comes with a lot of different perks and benefits. For starters, you can expect simplicity - such transactions are super-simple, by default, and will usually only involve pressing a few buttons and entering your card & ID verification details. This, in turn, means that you can buy Bitcoin with a debit card instantly - the same applies to a credit card, too. There are no extensive waiting periods - just make the payment, wait for a few minutes, and start spending your newly-acquired BTC!","intro_text":"When it comes to Bitcoin, it has become a staple of the cryptocurrency industry - people do buy the coin in order to make a profit, but also because of the aspect of decentralization that it symbolizes. As far as altcoins are concerned, though, there\u2019s a wide variety of reasons - each altcoin has some specific technology behind it that might be useful to the holder!","reason_titles":["Discreet, Private Transactions","A Promising Investment Opportunity","Make Fast and Secure Payments","A Step Towards Financial Decentralization","What Can Bitcoin & Similar Altcoins Be Used For?"],"reason_texts":["One of the main aspects that attract people to Bitcoin is <strong>the chance to participate in discrete transactions<\/strong>. Participating in P2P Bitcoin transactions is going to be private and quite anonymous - you will be able to retain your privacy while making certain purchases or sales online.","Every single day, more and more people worldwide are starting to view Bitcoin as a solid investment opportunity. While the cryptocurrency market is still considered to be very volatile, if you buy Bitcoin with a credit card (<em>or any other method<\/em>), you might be able to <strong>see profits, long-term<\/strong>.","Choosing to buy Bitcoin with a credit card or a debit card is a fast and secure way to acquire some of the most popular cryptocurrency on the market. However, no matter how you choose to perform Bitcoin-related transactions, you can be sure that you\u2019ll <strong>receive your BTC in minutes<\/strong>, and that, thanks to the blockchain technology, your transactions will be <strong>completely secure and private<\/strong>.","Sure, the fact that you can buy BTC with a debit card instantly is cool and all. However, what\u2019s even cooler is what Bitcoin stands for - <strong>financial decentralization<\/strong>! Possessing some of this cryptocurrency means that you\u2019re on the right track to taking your financial situation into your own hands - no more middlemen, no banks or other financial institutions telling you what to do!","The fact that you can buy BTC with a credit card instantly also means that you can start using the cryptocurrency in minutes, too. A popular use for Bitcoin would be using it as payment in certain transactions - on the flip side, you can also choose to simply hold on to your new coins and keep them as a long-term investment."],"benefits_texts":["If you choose to buy Bitcoin with credit card, one of the more-popular things that you can do then is go and <a href=https://www.bitdegree.org/"//crypto//best-cryptocurrency-exchange/">visit a crypto exchange<\/a>, and trade your BTC for some other cryptocurrency. Bitcoin tends to have a lot of different trading pairs, and you should be able to exchange this coin for <a href=https://www.bitdegree.org/"//crypto//best-cryptocurrency/">some of the more-popular altcoins on the market<\/a>. You might actually be able to <strong>receive some pretty good deals whilst doing so<\/strong>, too!","If you\u2019ve just decided - <em>I\u2019ll buy Bitcoin with debit card!<\/em> -, and are wondering what\u2019s the next step to take, you\u2019ll probably want to make sure that your BTC is as safe as can be, right? Well, in order to protect your Bitcoin, you should take the time to learn about and invest in <a href=https://www.bitdegree.org/"//crypto//best-cryptocurrency-wallet/">a top-notch, secure, and reliable cryptocurrency wallet<\/a>. Some of the most popular of such wallets include <strong>hardware devices<\/strong> - they will surely keep your crypto safe!","One of the greatest features that Bitcoin has is that it\u2019s the most popular cryptocurrency around. With that, you can be sure that, once you buy BTC with debit card, you will be able to <strong>spend it in a wide variety of places and online merchants<\/strong>. Not only can you find some great deals (<em>depending on the price of BTC, of course<\/em>), but you\u2019ll also be able to rest assured that your transactions are private and quite anonymous!","The fact that you can buy Bitcoin with credit card instantly also means that you can send it instantly, too - no matter where the recipient is located in the world, <strong>they should receive your payment in a matter of minutes<\/strong>. It\u2019s one of the main features of Bitcoin, for sure! It\u2019s also a very popular method of sending payments to friends or relatives who live overseas - not only are the payments super-quick to arrive, but they\u2019re also cheap to make!","Choosing to buy BTC with a debit card at the right point in time can <strong>bring you some significant profits<\/strong> - that\u2019s already been proven time and time again. In order to actually make a profit <a href=https://www.bitdegree.org/"//crypto//best-cryptocurrency-exchange/">selling the coins on an exchange<\/a>, though, you\u2019ll have to know when to sell your BTC! This does involve a lot of speculation and general crypto knowledge, however, it\u2019s also one of the main reasons why people choose to invest in bitcoin, in the first place.","If you hold some Bitcoin, or have just decided to buy BTC with a credit or debit card, you would probably do well to take the time to learn about your recent purchase! The world of crypto is one that\u2019s <strong>full of opportunities<\/strong> - learning about the ways of how you can use your Bitcoins to improve your quality of life can be very rewarding! So, take notes, and be sure to <a href=https://www.bitdegree.org/"//crypto//tutorials/">visit some in-depth guides and tutorials on Bitcoin and crypto<\/a>, in general!"],"faq_questions":["What is Bitcoin?","How does Bitcoin differ from other cryptocurrencies?","What are the main features of Bitcoin?","What can Bitcoin be used for?","Is Bitcoin worth buying?","What is the best way to buy Bitcoin?"],"faq_answers":["<a href=https://www.bitdegree.org/"//crypto//how-does-bitcoin-work/">Bitcoin is the most popular cryptocurrency in the world. On top of that, it&rsquo;s actually <strong>the first cryptocurrency<\/strong>, too - <em>the coin that started it all!<\/em> In a more practical sense, Bitcoin is <strong>a digital currency<\/strong> that can be used to make quick and <em>relatively anonymous<\/em> payments online. All of your trades whilst utilizing Bitcoin are going to be private - <em>great stuff!<\/em>","Needless to say, Bitcoin is going to be <strong>very different<\/strong> from most other <a href=https://www.bitdegree.org/"//crypto//best-cryptocurrency/">cryptocurrencies on the market. While each cryptocurrency is unique in its <strong>purpose and functionality<\/strong>, most of the top coins aim to <strong>improve on some certain aspects of Bitcoin<\/strong> - whether it be <strong>scalability<\/strong>, <strong>transaction speed<\/strong>, or else. <em>That said, Bitcoin still remains the most popular crypto coin on the market!<\/em>","Without a doubt, the main feature of Bitcoin (<em>and also one of the main reasons why people buy BTC with credit cards, and in general<\/em>) is the fact that it&rsquo;s <strong>an autonomous currency<\/strong> - once you purchase some Bitcoin, it belongs to you, and only you. On top of that, Bitcoin provides <strong>decent transaction speeds<\/strong>, and due to its popularity, is <strong>very liquid<\/strong>, too.","The main use case for Bitcoin is actually rather simple - being <strong>a digital currency<\/strong>, Bitcoin's main purpose is to <strong>be used in transactions<\/strong>, as a currency, and as <strong>an object of value<\/strong>. Frankly, Bitcoin should be bought and used in order to <strong>purchase some service or product<\/strong>, or used as <strong>an investment tool<\/strong>, be it for the long term, or for day trading purposes.","If you&rsquo;re wondering whether or not to buy Bitcoin with credit card, you should know - <strong>it&rsquo;s definitely worth it<\/strong>! Bitcoin is as popular now as ever before, and many people around the world still choose it as their <em>go-to<\/em> investment option. If anything, the popularity and demand for this coin are <strong>only growing<\/strong> as time goes on!","There are multiple different ways of how you can buy BTC. However, opting to <strong>buy Bitcoin with a credit or debit card<\/strong> is usually seen as the best way to go about it. That&rsquo;s because of the <strong>simplicity and speed<\/strong> of this particular method. The process is usually <em>super-simple<\/em>, and will only take you a few minutes to complete! Well, assuming that you use <a href=https://www.bitdegree.org/"//crypto//best-cryptocurrency-exchange/">one of the top-rated cryptocurrency exchanges<\/strong><\/a>, that is."],"status":"published","link":"https:\/\/www.bitdegree.org\/crypto\/buy-bitcoin-btc"},"halving_page":{"id":1,"crypto_currency_id":62,"title":null,"subtitle":null,"slug":"next-bitcoin-halving-dates","api_slug":"bitcoin","content":"<p><strong>Bitcoin halving<\/strong> is one of the most important events in the cryptocurrency market. Throughout history, each <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//learn//crypto-terms//what-is-halving/" target=\"_blank\" rel=\"noopener\"><strong>halving<\/strong><\/a> brought with itself <strong>a significant surge in <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//buy-bitcoin-btc/" target=\"_blank\" rel=\"noopener\">BTC<\/a> price<\/strong> - thus, it is important to track the next Bitcoin halving dates and be prepared!<\/p>\r\n<h2>When is the Next Bitcoin Halving?<\/h2>\r\n<p>It's estimated that the next Bitcoin halving will happen in <strong>March 2024<\/strong>. The exact date is impossible to predict, but with each halving happening every 4 years or so, we can expect Bitcoin's next halving to occur in 2024. Take a look at the BTC halving countdown above - you can use it to track the exact day when the event will take place!<\/p>\r\n<h2>When Will the Last Bitcoin Halving Happen?<\/h2>\r\n<p>It is estimated that the last Bitcoin halving will take place in the year <strong>2140<\/strong>. This is when the very last Bitcoin of the total <strong>21 million BTC supply<\/strong> will be mined as well.<\/p>\r\n<h2>What is the Bitcoin Halving History?<\/h2>\r\n<p>Since it was first created and launched in 2009, Bitcoin has had three halving events. The very first BTC halving happened on <strong>November 28, 2012<\/strong>. The second halving took place on <strong>July 9, 2016<\/strong>. The most recent Bitcoin halving happened on <strong>May 11, 2020<\/strong>.<\/p>\r\n<p>While the 4-year rule isn't set in stone, these dates show us that it does take roughly that period of time to reach each following BTC halving. That's why the next one is projected to happen in <strong>2024<\/strong>.<\/p>\r\n<h2>What is Bitcoin Halving?<\/h2>\r\n<p>Now that you have the estimated next Bitcoin halving date, it's also important to take a look at the process from a closer perspective so that you can understand the significance that these halvings bear.<\/p>\r\n<p>Bitcoin halving is a phenomenon when the mining rewards are halved. This, in turn, leads to the halving of the supply rate of new Bitcoins. In other words:<\/p>\r\n<p><strong>Bitcoin halving = BTC mining rewards get cut in half = half the supply of new BTC coming into the market.<\/strong><\/p>\r\n<p>Today, there are <strong>over 19 million Bitcoins<\/strong> in circulation. The total number of BTC that will ever exist, however, is 21 million - so, <strong>there are fewer than 2 million BTC left to be mined<\/strong>. However, thanks to BTC halving, these 2 million Bitcoins won't be mined for another hundred years or so.<\/p>\r\n<p>In order to fully comprehend the process of halving, you first need to understand how the underlying technology behind Bitcoin - its blockchain - works.<\/p>\r\n<h3>Bitcoin's Blockchain &amp; Proof-of-Work<\/h3>\r\n<p>Since you're looking for Bitcoin halving dates, you're probably already well aware that Bitcoin is built on a unique piece of technology known as \"<a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//learn//what-is-blockchain/" target=\"_blank\" rel=\"noopener\"><strong>the blockchain<\/strong><\/a>\".<\/p>\r\n<p>Essentially, a blockchain is a <strong>digital ledger<\/strong> (database) where information is stored. In regards to Bitcoin (as well as other cryptocurrencies), this information comes in the form of transactions.<\/p>\r\n<p>Transactional information is stored within <strong>blocks<\/strong>, which are then connected chronologically - this way, it's clear when each and every single transaction happened. It also helps avoid such controversial issues as <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//learn//crypto-terms//what-is-double-spending/" target=\"_blank\" rel=\"noopener\"><strong>double-spending<\/strong><\/a>.<\/p>\r\n<p><img style=\"display: block; margin-left: auto; margin-right: auto;\" src=https://www.bitdegree.org/"https:////assets.bitdegree.org//crypto-prices//assets//halving//bitcoin-halving-miner-with-rigs.jpg/" alt=\"Bitcoin Halving Dates: a Bitcoin miner with a mining rig.\" width=\"880\" height=\"587\" \/><\/p>\r\n<p>Each block contains a set number of transactions. In order for those transactions to be confirmed as legitimate and the block to be added to the blockchain, some form of a <strong>validation process<\/strong> is required. This is where <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//learn//crypto-terms//what-is-miner/" target=\"_blank\" rel=\"noopener\"><strong>miners<\/strong><\/a> come in - people who are often the most concerned with the next Bitcoin halving dates.<\/p>\r\n<p>Miners employ either their personal computers or fancy mining machines to confirm the transactions happening on the blockchain. These confirmations are done via the computers (machines) solving super-complex <strong>mathematical equations<\/strong>. As soon as a miner successfully solves those equations and verifies a block, they receive the <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//learn//crypto-terms//what-is-block-reward/" target=\"_blank\" rel=\"noopener\"><strong>block reward<\/strong><\/a> - an amount of BTC that is determined each Bitcoin halving cycle.<\/p>\r\n<p>This process is called \"<a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//learn//crypto-terms//what-is-proof-of-work-pow/" target=\"_blank\" rel=\"noopener\"><strong>Proof-of-Work<\/strong><\/a>\" - at least, that's its shortened version. What does all of that have to do with Bitcoin halving dates, though?<\/p>\r\n<h3>How Does Bitcoin Halving Work?<\/h3>\r\n<p>As I've already established, based on the Bitcoin halving schedule, which is estimated every 4 years or so, the rewards that miners receive and the number of Bitcoin mined are reduced in half. The halving (and mining reward) schedule currently looks like this:<\/p>\r\n<ul>\r\n<li>2009 (the creation of Bitcoin) - 50 BTC<\/li>\r\n<li>2012 - 25 BTC<\/li>\r\n<li>2016 - 12.5 BTC<\/li>\r\n<li>2020 - 6.25 BTC<\/li>\r\n<li>2024 (the next Bitcoin halving) - 3.125 BTC<\/li>\r\n<li>2028 - &hellip;<\/li>\r\n<\/ul>\r\n<p>So, while miners used to receive 50 BTC as a reward for confirming a block back in 2009, throughout the years, this process has become much more competitive and difficult to do, and the rewards have dipped significantly, as well. Take a look at the table below for more information:<\/p>\r\n<table class=\"mt-5\" style=\"border-collapse: collapse; width: 100%; height: 144px;\" border=\"1\">\r\n<thead>\r\n<tr style=\"height: 18px;\">\r\n<th style=\"width: 33.0882%; height: 18px; text-align: center;\"><strong>DATE<\/strong><\/th>\r\n<th style=\"width: 33.0882%; height: 18px; text-align: center;\"><strong>BLOCK HEIGHT<\/strong><\/th>\r\n<th style=\"width: 33.0882%; height: 18px; text-align: center;\"><strong>MINING REWARD (BLOCK)<\/strong><\/th>\r\n<\/tr>\n<\/thead>\n<tbody>\r\n<tr style=\"height: 18px;\">\r\n<td style=\"width: 33.0882%; height: 18px;\">Jan. 3, 2009<\/td>\r\n<td style=\"width: 33.0882%; height: 18px;\">0<\/td>\r\n<td style=\"width: 33.0882%; height: 18px;\">50 BTC<\/td>\r\n<\/tr>\r\n<tr style=\"height: 18px;\">\r\n<td style=\"width: 33.0882%; height: 18px;\">Nov. 28, 2012<\/td>\r\n<td style=\"width: 33.0882%; height: 18px;\">210,000<\/td>\r\n<td style=\"width: 33.0882%; height: 18px;\">25 BTC<\/td>\r\n<\/tr>\r\n<tr style=\"height: 18px;\">\r\n<td style=\"width: 33.0882%; height: 18px;\">Jul. 9, 2016<\/td>\r\n<td style=\"width: 33.0882%; height: 18px;\">420,000<\/td>\r\n<td style=\"width: 33.0882%; height: 18px;\">12.5 BTC<\/td>\r\n<\/tr>\r\n<tr style=\"height: 18px;\">\r\n<td style=\"width: 33.0882%; height: 18px;\">May 11, 2020<\/td>\r\n<td style=\"width: 33.0882%; height: 18px;\">630,000<\/td>\r\n<td style=\"width: 33.0882%; height: 18px;\">6.25 BTC<\/td>\r\n<\/tr>\r\n<tr style=\"height: 18px;\">\r\n<td style=\"width: 33.0882%; height: 18px;\">Est. Mar. 2024<\/td>\r\n<td style=\"width: 33.0882%; height: 18px;\">840,000<\/td>\r\n<td style=\"width: 33.0882%; height: 18px;\">3.125 BTC<\/td>\r\n<\/tr>\r\n<tr style=\"height: 18px;\">\r\n<td style=\"width: 33.0882%; height: 18px;\">...<\/td>\r\n<td style=\"width: 33.0882%; height: 18px;\">...<\/td>\r\n<td style=\"width: 33.0882%; height: 18px;\">...<\/td>\r\n<\/tr>\r\n<tr style=\"height: 18px;\">\r\n<td style=\"width: 33.0882%; height: 18px;\">Est. 2140<\/td>\r\n<td style=\"width: 33.0882%; height: 18px;\">Approx. 6,920,000<\/td>\r\n<td style=\"width: 33.0882%; height: 18px;\">Negligible<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<p class=\"mb-5\" style=\"text-align: center;\"><span style=\"font-size: 14px;\"><em>Table: Bitcoin halving schedule<\/em><\/span><\/p>\r\n<p>In essence, Bitcoin halving is a process that was implemented into Bitcoin's code during its development. The purpose of this phenomenon is to <strong>artificially drive up the price inflation aspect of said cryptocurrency<\/strong>.<\/p>\r\n<p>The Bitcoin halving cycle happens <strong>every 210,000 blocks mined<\/strong>. Since the average time to mine a single block is around <strong>9-10 minutes<\/strong>, this equates to roughly 4 years for each halving to take place.<\/p>\r\n<p>With the assumption that BTC will grow in just how much it's being adopted by the masses, the fact that it becomes more difficult to mine should then naturally drive its price up significantly.<\/p>\r\n<h3>How do Bitcoin Halvings Affect the Price of BTC?<\/h3>\r\n<p>One of the reasons why Bitcoin halving dates are as anticipated as they are is related to <strong>the price of BTC<\/strong> - or rather, <strong>what happens with it after the halving occurs<\/strong>.<\/p>\r\n<p>After and around each BTC halving date, the price of this particular cryptocurrency asset <strong>skyrockets<\/strong> - at least, that has been the case with the three halvings that have already occurred throughout the Bitcoin halving history.<\/p>\r\n<p>Right before the first halving in 2012, BTC cost around <strong>$12<\/strong>. In anticipation of the upcoming halving and thanks to other events coinciding with this event, the asset peaked at a price of <strong>over $1,200<\/strong>&nbsp;after the first halving.<\/p>\r\n<p>The second halving was probably among the most notable ones, both due to the price change that Bitcoin saw, as well as due to the fact that it coincided with what we now call the \"<strong>Crypto Winter<\/strong>\" - a huge <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//learn//crypto-terms//what-is-bull-run/" target=\"_blank\" rel=\"noopener\"><strong>bull run<\/strong><\/a>, followed by an unprecedented <strong>crash<\/strong>.<\/p>\r\n<p>Before the second halving, Bitcoin's price was at around <strong>$650<\/strong>. As the halving happened and the market started entering into some bullish sentiments, BTC eventually reached a price tag of <strong>*almost* $19,000<\/strong>! Then, the Crypto Winter happened, and the price of all cryptocurrencies took a huge hit - BTC fell to <strong>under $4,000<\/strong>&nbsp;at its lowest point.<\/p>\r\n<p><img style=\"display: block; margin-left: auto; margin-right: auto;\" src=https://www.bitdegree.org/"https:////assets.bitdegree.org//crypto-prices//assets//halving//bitcoin-halving-chart.jpg/" alt=\"Next Bitcoin Halving Dates: Bitcoin halving chart.\" width=\"880\" height=\"549\" \/><\/p>\r\n<p>Before the last halving in 2020, Bitcoin's price was at around <strong>$9,000<\/strong>. After the halving, BTC reached a record price of <strong>$67,549<\/strong>&nbsp;before once again crashing down to around <strong>$20,000<\/strong>&nbsp;and staying in that range for a while.<\/p>\r\n<p>Now, a big point that needs to be emphasized (and taken into account) here is that while analyzing Bitcoin halving dates is useful, it also doesn't really tell us the whole story.<\/p>\r\n<p>Take this last halving as an example. You can see the date - <strong>May 11, 2020<\/strong> - and the changes in BTC price - <strong>from around $9,000 to almost $70,000<\/strong>&nbsp;&ndash; a good year later. Following this pattern of the Bitcoin halving cycle, it can be easy to mistakenly assume that the huge price swings are a direct result of these halvings.<\/p>\r\n<p>The reality, however, is a bit different. Instead, these price swings are usually a combination of events, with the Bitcoin halving being just one of them. Throughout 2021, the entire cryptocurrency market saw a huge surge in popularity, which, in turn, influenced the price growth of most cryptocurrencies.<\/p>\r\n<p>That being said, this doesn't take away from the fact that BTC halvings do, in fact, play a role in the Bitcoin price changes. These events are quite anticipated and showcase a clear pattern - whether or not it will remain this way with the next Bitcoin halving dates, we'll need to wait and see.<\/p>\r\n<h3>What are the Bitcoin Halving Price Predictions for 2024?<\/h3>\r\n<p>As the Bitcoin halving dates approach, there's always an increase in different <strong>price predictions<\/strong> online and within various social crypto circles.<\/p>\r\n<p>It's worth pointing out that, with the cryptocurrency market being so <strong>volatile and unpredictable<\/strong>, you could really state any number and think of a reason why it's feasible for BTC to hit that price range. Thus, any and all price predictions should be viewed with a massive grain of salt and as nothing more than entertainment.<\/p>\r\n<p>That being said, let's take a look at <strong>how much the BTC price rose during the past Bitcoin halvings<\/strong>, percentage-wise.<\/p>\r\n<ul>\r\n<li>Between the first and the second halving, BTC started at around $12 and rose to over $1,200. This is an increase of <strong>10,000%<\/strong>!<\/li>\r\n<li>Between the second and the third halving, BTC lingered at around the $650 mark. Then, after the halving happened, it peaked at nearly $19,000 - an increase of over <strong>2,900%<\/strong>.<\/li>\r\n<li>The last halving saw a BTC price increase of a \"measly\" <strong>750%<\/strong>, from around $9,000 to nearly $70,000.<\/li>\r\n<\/ul>\r\n<p>Judging by the numbers provided above, the percentage of how much the price increases each halving seems to <strong>shrink 3.5-3.9 times<\/strong> from the previous number. So, following that logic, <strong>the BTC price prediction for the 2024 halving could be an increase of approximately 200% from its lowest point<\/strong>.<\/p>\r\n<p>Such predictions are less-than-optimistic - that's true. However, allow me to reiterate an earlier point - all of this is just for entertainment purposes, and BTC price predictions shouldn't ever be taken seriously!<\/p>\r\n<p>If you'd like to analyze the BTC price trends of the past and make predictions of your own, you may do so by checking out the Bitcoin performance charts on our <a href=https://www.bitdegree.org/"https:////www.bitdegree.org///" target=\"_blank\" rel=\"noopener\"><strong>Cryptocurrency Tracker<\/strong><\/a>.<\/p>\r\n<h2>The Significance of Bitcoin Halvings<\/h2>\r\n<p>Whether you're looking forward to the Bitcoin halving of 2024 or are researching this concept as a whole, it's undeniable that <strong>these once-every-4-years events hold a lot of significance to multiple different groups of people<\/strong>.<\/p>\r\n<p>In order to understand how they correlate, though, it's important to take a look at each group individually. Only then will you be able to understand the multi-dimensional nature of this phenomenon.<\/p>\r\n<h3>Investors<\/h3>\r\n<p>Naturally, whenever most people think about Bitcoin halving dates, those thoughts are immediately followed by considerations of how it will affect the BTC price. This latter topic is primarily relevant to investors.<\/p>\r\n<p>Indeed - <strong>crypto investors are among the most-impacted groups<\/strong>, as far as these halvings are concerned. As history shows, though, investors actually tend to be very excited about an upcoming halving since it tends to impact Bitcoin's price in a very positive way.<\/p>\r\n<p>Many investors choose to <strong>accumulate Bitcoin throughout the years<\/strong>, leading up to the halving. While BTC could experience multiple price swings throughout that time, investors believe that the surge in price after the halving event will be so significant that they will still end up making a profit.<\/p>\r\n<p><img style=\"display: block; margin-left: auto; margin-right: auto;\" src=https://www.bitdegree.org/"https:////assets.bitdegree.org//crypto-prices//assets//halving//bitcoin-halving-physical-coin.jpg/" alt=\"Bitcoin Halving Dates: a physical Bitcoin.\" width=\"880\" height=\"587\" \/><\/p>\r\n<p>However, while this tactic is popular, it's not guaranteed. While the Bitcoin halving schedule estimation is pretty straightforward, and the results so far have been semi-conclusive, it doesn't *guarantee* a price increase by any means. That is, however, one of the goals of the halving - <strong>to cause synthetic inflation of the BTC price, as well as make it more scarce<\/strong>.<\/p>\r\n<p>While these plans make sense from a long-term perspective, things might not always work out as planned in the short term.<\/p>\r\n<p>This is also a big reason why making Bitcoin halving price predictions is \"a stab in the dark\" and can even be dangerous. While you could pull any number out and present it as a feasible price target, the reality of the crypto market is often far more complex.<\/p>\r\n<p>In other words, <strong>there are many elements that go into the price changes<\/strong>, and even on the next Bitcoin halving date in 2024, there are likely going to be multiple aspects that affect the price.<\/p>\r\n<h3>Miners<\/h3>\r\n<p>While it's easy to think about investors and price changes, Bitcoin halving dates mean an entirely different thing to BTC miners. Specifically, if you were to ask most miners what they think about the BTC halving cycle, the opinions that you'd get back would probably be quite <strong>two-sided<\/strong>.<\/p>\r\n<p><strong>That's because Bitcoin's halving affects miners positively as much as it does negatively.<\/strong> The positives are pretty self-explanatory - with each halving, <strong>BTC becomes more scarce<\/strong>, which in turn <strong>drives up its demand within the market<\/strong> (at least theoretically). This would result in more people wanting to own Bitcoin, more traffic on the network, and <strong>more profits for the miners<\/strong>.<\/p>\r\n<p>As you've probably gathered by now, though, it's really a double-edged sword. This is primarily due to the variety of mining power that Bitcoin miners possess.<\/p>\r\n<p>You see, a Bitcoin miner could be someone who has set up a mining program on their personal computer. At the same time, there are huge <strong>mining farms<\/strong> out there - entire companies that operate hundreds of mining rigs! As you might expect, this creates some very unfavorable conditions for the solo miners out there.<\/p>\r\n<p><img style=\"display: block; margin-left: auto; margin-right: auto;\" src=https://www.bitdegree.org/"https:////assets.bitdegree.org//crypto-prices//assets//halving//bitcoin-halving-miners.jpg/" alt=\"Bitcoin Halving Dates: a Bitcoin mining rig.\" width=\"880\" height=\"587\" \/><\/p>\r\n<p>Now, imagine that you mine BTC on your laptop and have to compete with a large company that has countless mining-specific rigs. To top that off, every 4 years or so, the next Bitcoin halving date comes, and the mining rewards get cut in half. This makes an already-difficult process much more complicated!<\/p>\r\n<p>With <strong>rising electricity costs<\/strong> and BTC becoming increasingly more difficult to mine, many solo miners turn to other cryptocurrencies. This, in turn, makes the Bitcoin network <strong>less secure<\/strong>, as there are fewer miners to verify transactions and prevent attacks on the network - a really tricky situation to be in!<\/p>\r\n<p>One mitigating factor to all of this is <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//learn//crypto-terms//what-is-mining-pool/" target=\"_blank\" rel=\"noopener\"><strong>mining pools<\/strong><\/a>. Solo miners can team up and join a mining pool - this makes solo mining much more approachable, albeit it still doesn't solve the core, underlying issue at hand.<\/p>\r\n<p>So, as far as miners are concerned, the Bitcoin halving of 2024, as well as all of the previous halvings, is a complex, two-sided issue.<\/p>\r\n<h3>The General Crypto Community<\/h3>\r\n<p>What if you're not yet an investor in BTC and don't participate in mining processes, but are already part of the crypto community as a whole - hold some <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//learn//what-are-stablecoins/" target=\"_blank\" rel=\"noopener\"><strong>altcoins<\/strong><\/a>, participate in <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//learn//what-is-defi/" target=\"_blank\" rel=\"noopener\"><strong>DeFi<\/strong><\/a>, etc.? What do the BTC halving dates mean to this group of people?<\/p>\r\n<p>Well, for starters, it's worth acknowledging that <strong>Bitcoin halvings don't only influence the price of BTC - the entire crypto market tends to follow along, as well<\/strong>. While it's really a \"sum of its parts\" type of deal, whenever a Bitcoin halving event takes place, most of the major cryptocurrencies appear to get affected as well.<\/p>\r\n<p>Why is that the case? Well, the answer to this question is really multi-dimensional.<\/p>\r\n<p><img style=\"display: block; margin-left: auto; margin-right: auto;\" src=https://www.bitdegree.org/"https:////assets.bitdegree.org//crypto-prices//assets//halving//bitcoin-halving-investor-looking-at-screen.jpg/" alt=\"Bitcoin Halving Dates: a Bitcoin investor is looking at the screen.\" width=\"880\" height=\"587\" \/><\/p>\r\n<p>First of all, the approaching Bitcoin halving tends to get into the news. As news outlets write about this phenomenon, it gains more and more traction and attention from people who might have never even heard of Bitcoin. After doing some research, those same people might become interested in acquiring other cryptocurrencies themselves.<\/p>\r\n<p>Then, you have <strong>the speculatory nature of the cryptocurrency market<\/strong> as a whole. With Bitcoin being the biggest crypto asset in the world, day traders and active investors understand that Bitcoin halving dates are important within the industry - thus, they try to estimate how the market will react, and invest in other coins and tokens accordingly.<\/p>\r\n<p>On top of that, it's also important to mention that <strong>the Bitcoin halving cycle tends to correlate with the average crypto market's cycle<\/strong>, too. In other words, the cryptocurrency market appears to follow <strong>a roughly 4-year pattern between each bull run<\/strong>, with the bearish sentiments lingering in between. Whether this is a coincidence or a direct influence of the BTC halving isn't really a question that can be answered conclusively at this time.<\/p>\r\n<h2>Summary<\/h2>\r\n<p>Up to this point in the text, we've discussed everything from <strong>the Bitcoin halving dates and the history of the process<\/strong>&nbsp;all the way to <strong>price predictions and deep analysis of the concept of \"halving\"<\/strong> as it pertains to BTC.<\/p>\r\n<p>That's a lot of information to take in and process! With that being the case, <strong>let's run down some of the core aspects that we've covered<\/strong>&nbsp;to refresh your memory!<\/p>\r\n<p>I'll elaborate on some of them below, but the <strong>key takeaways<\/strong> are:<\/p>\r\n<ul>\r\n<li>Bitcoin halving reduces mining rewards in half;<\/li>\r\n<li>It happens every 4 years (give or take);<\/li>\r\n<li>Its purpose is to cause artificial BTC price inflation;<\/li>\r\n<li>In the past, BTC halvings have been followed by large price increases, and then significant drops afterward;<\/li>\r\n<li>While many cryptocurrencies have halving mechanics built into them, Bitcoin halvings are still the most significant and receive the most attention and news coverage.<\/li>\r\n<\/ul>\r\n<p>So - as we've established, <strong>Bitcoin halving is a process that takes place approximately every 4 years<\/strong>. During the halving, two big things happen - <strong>the rewards that miners receive for successfully mining a BTC block get halved, and the supply rate of new BTC entering the market is reduced by half<\/strong>&nbsp;as well.<\/p>\r\n<p>The Bitcoin halving history logs three halving events that have already happened - <strong>in 2012, 2016, and 2020<\/strong>. After each halving, <strong>the price of Bitcoin has grown<\/strong>&nbsp;exponentially.<\/p>\r\n<p>While it's impossible to determine specific BTC halving dates for the future, the next event of this kind should take place <strong>sometime in March 2024<\/strong>. Following that, the very last halving is expected to happen in <strong>2140<\/strong>. This is also when the very last Bitcoin will be mined (hitting the hard-capped supply of 21 million Bitcoins) and when miners will start receiving rewards solely from the transactions taking place on the network.<\/p>\r\n<p>Why does the halving happen every 4 years? That's because <strong>each halving is set to take place every 210,000 Bitcoin blocks<\/strong>. A block takes around <strong>10 minutes to mine<\/strong> (this depends on how many miners are there on the network, but the amount of time is readjusted automatically), which equates to a bit under 4 years to mine 210,000 blocks.<\/p>\r\n<p>The purpose of the Bitcoin halving phenomenon is quite straightforward - <strong>to cause inflation of the BTC price and to make the asset scarcer<\/strong>&nbsp;&ndash; thus, hopefully, more sought-after.<\/p>\r\n<p>Is the BTC halving a major event? Yes, it definitely is - whether you're an investor, a day trader, a miner, or simply a crypto enthusiast, BTC halvings are usually surrounded by a lot of news coverage, as well as speculations of how it will impact the prices of other cryptocurrencies, as well.<\/p>\r\n<h2>Conclusions<\/h2>\r\n<p>So, then - you are now well-versed in all things Bitcoin halving! Whether it be past halving events, future <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//buy-bitcoin-btc/" target=\"_blank\" rel=\"noopener\"><strong>BTC<\/strong><\/a> halving dates, or any of the theoretical information in between, we've touched on all of the most important information regarding the phenomenon.<\/p>\r\n<p><strong>Don't forget to keep an eye on the Bitcoin halving countdown above<\/strong> - bookmark this page so that when the time comes, you will know when the halving event will happen, specifically!<\/p>","meta_title":"Next Bitcoin Halving Dates 2024: BTC Countdown & History","meta_description":"Wondering when is the next Bitcoin Halving? Check Bitcoin Halving dates 2024 with BTC Countdown & read all about Bitcoin Halving history.","halving_at":840000,"current_block":790863,"blocks_left":49137,"seconds_left":28685384,"time_per_block":584,"hash_rate":3.650331984194926e+20,"difficulty":49549703178593,"current_block_reward":6.25,"block_reward_after_halving":3.125,"halving_history":"[{\"id\":1,\"date\":\"November 28, 2012\",\"block\":210000,\"reward\":25},{\"id\":2,\"date\":\"July 09, 2016\",\"block\":420000,\"reward\":12.5},{\"id\":3,\"date\":\"May 11, 2020\",\"block\":630000,\"reward\":6.25},{\"id\":4,\"date\":\"Sometime in 2024\",\"block\":840000,\"reward\":3.125},{\"id\":5,\"date\":\"Sometime in 2028\",\"block\":1050000,\"reward\":1.5625}]","status":"published","stats_updated_at":"2023-05-22T08:30:04.000000Z","created_at":"2022-10-18T11:27:28.000000Z","updated_at":"2023-05-22T08:30:04.000000Z"}}" :fiat-currency=""USD"" :chart-type="["market-cap","candlestick"]" :selected-index="1" >

Price History for Bitcoin (BTC)

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Date Open High Low Close Volume Market Cap
May 21, 2023 $26,900.41 $27,166.48 $26,876.07 $27,151.19 $6,142,947,631 $526,164,792,189
May 20, 2023 $26,883.52 $27,056.81 $26,752.19 $26,884.07 $10,134,762,790 $520,965,837,385
May 19, 2023 $27,414.51 $27,462.57 $26,584.85 $26,890.18 $13,466,429,475 $521,059,170,831
May 18, 2023 $27,033.53 $27,432.68 $26,641.06 $27,408.98 $13,566,838,586 $531,087,421,611
May 17, 2023 $27,188.81 $27,292.42 $26,943.23 $27,040.80 $11,472,298,543 $523,926,860,996
May 16, 2023 $26,982.65 $27,613.97 $26,830.87 $27,206.36 $12,790,089,066 $527,109,114,819
May 15, 2023 $26,854.04 $27,170.05 $26,764.82 $26,970.87 $9,147,618,354 $522,521,663,374
May 14, 2023 $26,798.64 $27,026.54 $26,767.85 $26,870.22 $9,290,613,970 $520,542,382,226
May 13, 2023 $27,021.80 $27,056.42 $26,015.07 $26,813.25 $17,211,636,406 $519,414,006,054
May 12, 2023 $27,609.11 $27,635.48 $26,855.58 $27,044.51 $15,206,377,118 $523,869,967,343
May 11, 2023 $27,664.98 $28,290.50 $27,187.03 $27,644.38 $18,068,405,529 $535,464,412,112
May 10, 2023 $27,693.49 $27,817.29 $27,436.82 $27,673.15 $12,777,182,849 $535,992,009,897
May 09, 2023 $28,667.21 $28,757.01 $27,385.02 $27,736.71 $17,212,184,875 $537,197,373,393
May 08, 2023 $29,008.67 $29,207.63 $28,649.29 $28,649.29 $9,794,223,023 $554,846,422,388
May 07, 2023 $29,540.21 $29,846.29 $28,660.37 $29,007.09 $14,268,169,248 $561,750,187,196
May 06, 2023 $28,899.74 $29,646.77 $28,891.24 $29,528.57 $16,026,234,001 $571,822,790,817
May 05, 2023 $29,009.64 $29,283.61 $28,773.72 $28,885.99 $14,305,930,840 $559,358,460,216
May 04, 2023 $28,671.88 $29,125.79 $28,213.97 $28,955.80 $16,588,274,082 $560,683,181,934
May 03, 2023 $28,042.47 $28,808.25 $27,904.11 $28,658.79 $14,740,635,575 $554,904,897,756
May 02, 2023 $29,340.53 $29,363.19 $27,727.58 $28,112.56 $16,192,394,030 $544,307,195,343
May 01, 2023 $29,236.08 $29,825.73 $29,116.44 $29,380.62 $12,832,271,366 $568,826,056,653
Apr 30, 2023 $29,352.45 $29,470.53 $29,170.04 $29,224.46 $9,649,593,104 $565,775,280,342
Apr 29, 2023 $29,484.84 $29,546.42 $29,039.42 $29,353.55 $15,702,058,046 $568,250,149,725
Apr 28, 2023 $28,374.19 $29,766.97 $28,374.19 $29,468.29 $24,473,624,132 $570,443,876,595
Apr 27, 2023 $28,294.09 $29,857.25 $27,722.97 $28,365.24 $27,372,737,971 $549,068,042,000
Apr 26, 2023 $27,508.50 $28,357.93 $27,255.90 $28,338.92 $15,058,299,418 $548,535,227,082
Apr 25, 2023 $27,594.16 $27,860.27 $27,150.94 $27,499.92 $15,434,067,774 $532,274,591,518
Apr 24, 2023 $28,428.61 $28,474.96 $27,486.97 $27,605.68 $11,393,601,470 $534,296,864,873
Apr 23, 2023 $27,647.20 $28,465.22 $27,585.86 $28,435.41 $11,826,968,087 $550,329,971,495
Apr 22, 2023 $28,774.86 $28,800.77 $27,633.01 $27,645.65 $18,132,156,499 $535,019,428,940

The starting price of the day for the specific coin/token.

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The highest price of the day for the specific coin/token.

The lowest price of the day for the specific coin/token.

The last price of the day for the specific coin/token.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within that day. It's a direct cryptocurrency's supply & demand indicator and is purely related to its market price.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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Bitcoin Price History Analysis

Analyzing Bitcoin price history chart helps to understand the cryptocurrency’s potential and determine upcoming trends. First, let’s compare BTC starting price of the first (Apr 22, 2023) and last (May 21, 2023) day of the 1M period. It’s evident that on Apr 22, 2023 the Open price of Bitcoin was $28,774.86, whereas on May 21, 2023 the BTC Open price was $26,900.41, which shows a clear price decrease of 6.51%.

Looking at the timeframe of 1M and comparing Bitcoin High prices of Apr 22, 2023 and May 21, 2023, the first and last days of the chosen period, it’s evident that the BTC High Price has plummeted by 5.67%. Apr 22, 2023 had the highest price of $28,800.77, and May 21, 2023 the highest price was $27,166.48. Talking about Bitcoin lowest prices, Apr 22, 2023 had the lowest price of $27,633.01, whereas Apr 22, 2023 had the lowest price of $26,876.07. After comparing the first and the last days' lowest BTC prices, it’s clear that it declined by 2.74%.

The comparison of Bitcoin Close price on Apr 22, 2023 ($27,645.65) vs May 21, 2023 ($27,151.19) reveals that the closing price of BTC has decreased by 1.79%. Looking at the value of Bitcoin traded volume, we can see that on the first day of the 1M period, $18,132,156,499 worth of BTC were traded. Compared to the last day’s volume ($6,142,947,631), there’s a clear 66.12% drop.

Finally, the comparison of Bitcoin Market Cap shows that during the 1M timeframe, it has decreased by 1.66%, starting from $535,019,428,940 and ending at $526,164,792,189 Market Cap.

On this day

May 22

Bitcoin BTC
Today
$26,870.27
|
2022 (1 year ago)
$29,432.23
|
2021 (2 years ago)
$37,304.69
|
2020 (3 years ago)
$9,081.76
|
2019 (4 years ago)
$7,963.33
|
2018 (5 years ago)
$8,418.99
|
2017 (6 years ago)
$2,041.20
|
2016 (7 years ago)
$443.19
|
2015 (8 years ago)
$235.34
|
2014 (9 years ago)
$491.77
|
2013 (10 years ago)
$122.88

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The lowest historical cryptocurrency value.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

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The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.

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The ratio of Volume and Market Capitalization values.

The ratio of Volume and Market Capitalization values.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).

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Verified Data

Bitcoin project's Circulating Supply has been verified and is equal to:

Circulating Supply

19,380,362 BTC

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency's lifetime. Similar to stock market's Fully Diluted Shares.

Note: Max Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market's Outstanding Shares.

Total Supply = All Issued Coins - Burned Coins.

Note: Total Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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Current price of Bitcoin is $26,870.27

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