Looking for some water cooler conversation input? Make sure to check out the bitcoin price graph below. You can adjust the graph to your own liking, by selecting a specific period on the graph or by clicking one of the buttons above it that alter the range to a day, a week or even a year. You’re in control.
Is it a good moment to get in?
Here you can view the most important statistics from the last 24 hours.
24 hrs. Ago€25,810.92
24 hrs. High€26,772.00
24 hrs. Low€25,811.00
24 hrs. Change€350.08
Use these numbers to get a better picture of the bitcoin market
24 hrs. Volume48,969,586,993
BTC Market Cap504,030,702,809
Bitcoin return on investment
Discover how much bitcoin has risen or fallen over the years
Historical bitcoin price
Curious about the bitcoin price on a specific day? For example at the anniversary with your boyfriend or girlfriend? (Oops, forgot it again!). Then check the table on the right.
How is the bitcoin price established?
Do you remember economics from your secondary school? The balance between supply and demand determines the price. And that's how it works with bitcoin too. On online exchanges, buyers and sellers find each other, and every second the price moves according to supply and demand.
But what do you have to look out for when following the price? Let's find out, from the easy to the hard way.
The easy way: news
You can trade bitcoin 24 hours a day. Bitcoin trading is done all over the world: from America to Asia. This is why the bitcoin price reacts almost instantly to news. Good or bad news can have a significant impact on the price.
Good news is, for example, El Salvador embracing bitcoin as legal tender. Or a large company such as PayPal starting to work with bitcoin. And for bad news, think of the Chinese ban on bitcoin mining, or another government placing restrictions on cryptocurrencies.
A little bit more difficult: price analysis
It can also help to read price analysis. All financial markets are subject to analysis and bitcoin is no exception. How does it work? Analysts try to get a picture of where the price may go by using patterns, indicators and trend lines.
You can make a price analysis as easy or difficult as you want. But what is important: never consider an analysis as a prediction of the price. Rather, an analysis will tell you which option is the most likely. There is no one with a crystal ball!
The hard way: blockchain
The beauty of bitcoin? Everything is public. For example, that time years ago when you bought pizza with bitcoin. Or when your friend bought at the top. All that data is on the bitcoin blockchain. This is a public online ledger of transactions, balances and addresses.
Some analysts research the blockchain to gain valuable insights. For example:
- How many investors hold their coins for more than a year?
- How many bitcoins are sent to exchanges?
- How many whales are there? (Investors with large amounts of BTC)
Sometimes you can use this data from the blockchain to see a price movement coming. For example, are investors sending bitcoins en masse to stock exchanges? If so, this often indicates a decline.
Analysts who have elevated this so-called on-chain analysis to an art form include Willy Woo and Will Clemente. To understand these analyses some technical knowledge about bitcoin is necessary.
Our tip: Only invest an amount you can afford to lose
Since the bitcoin price is still volatile, we recommend you only invest an amount you can afford to lose. You could potentially earn a lot of money, but you could lose it too. At the same time, we believe an investment in bitcoin is one of the most interesting ones you could do.
Would you like to purchase bitcoin? Make sure to do your own research by reading news articles, technical analyses, and read about the technology behind the coin. And who knows, you just might be the new Andreas Antonopolous.
The bitcoin price changes every second of the day. In just the blink of an eye, the price can be completely different. There is no such thing as a closing price, as bitcoin is traded on online exchanges which operate 24/7. Follow the live bitcoin price here.
We can help you with that! Just use our nifty tables and graphs to predict the bitcoin price. Or use your crystal ball, whatever floats your boat. Check out the live bitcoin price on this page.
In 2020 the influx of new bitcoin has been halved. Does the demand remain the same? Then you can expect a rising price! Check out the current bitcoin price here.
Cryptocurrencies such as bitcoin are still in their infancy. Therefore you need relatively little money to get the bitcoin price moving. Are more people trading bitcoin? Then the price eventually becomes more stable.