BTC
Bitcoin
BTC

Bitcoin price

in USD
Top market cap
$114,489.5
+$534 (+0.46%)
USD
We can’t find that one.
Check your spelling or try another.
Market cap
$2.28T #1
Circulating supply
19.92M / 21M
All-time high
$124,500
24h volume
$45.73B
4.5 / 5
BTCBTC
USDUSD
Buy Bitcoin

About Bitcoin

Bitcoin (BTC) is the world's first decentralized digital currency, created to enable peer-to-peer transactions without the need for banks or intermediaries. Built on blockchain technology, Bitcoin offers a secure, transparent, and borderless way to store and transfer value. Its limited supply of 21 million coins makes it a deflationary asset, often compared to digital gold. Today, Bitcoin is widely used for payments, remittances, and as a store of value by individuals and institutions alike. Its growing adoption by companies and governments highlights its role as a foundational innovation in finance. Whether you're new to crypto or exploring long-term investments, Bitcoin remains a key player in the evolving digital economy.
AI-generated
Top
Payment
Layer 1
Official website
White Paper
Github
Block explorer
CertiK
Last audit: --

Bitcoin’s price performance

91% better than the stock market
Past year
+101.92%
$56.70K
3 months
+8.59%
$105.43K
30 days
-4.55%
$119.93K
7 days
+4.56%
$109.50K

Bitcoin on socials

MAGS 🔑⛏️🚒
MAGS 🔑⛏️🚒
When money is broken, people turn to scarce things to store value. Gold, Bitcoin, and yes, even Pokémon cards
Gallery 1
64
0
Bull 👑
Bull 👑
Bought a 100k challenge account, will try to pass the 2 phase challenge with my public and private trades mostly $BTC and $ETH - Get funded today 👇 Use coupon code BULL20 for 20% discount.
Gallery 1
456
0
Rubyto.fuel
Rubyto.fuel
Going back to native assets and why I think they’re such a breakthrough. Since you now know about my trader arc (tweet attached), here’s the story of the very first time I went on-chain. A few years ago, going on-chain felt completely different than today. Not because the UX has gotten better today, but because back then there was zero awareness of what you were actually doing. It was 2021, peak dog-coin meta. If you wanted to be early, you had to buy them on-chain before they hit exchanges. So there I was, trying to grab this Akita Inu coin on Uniswap. I was a total noob with self-custody, gas fees, all of it. It felt like jumping out of a plane with no parachute. I set up a Binance wallet, sent some funds over, found the coin, and went for a $50 swap. I hit “swap” and my wallet popped up with some cryptic hex message. Of course, I didn’t read it, I just clicked approve. Next thing I know, I’d spent ~$40 in fees. And not even to buy the coin, but just to “approve the pair.” Eighty percent of my budget, gone. When I finally tried swapping again, the fee had jumped to $60, way more than I even wanted to put in. I gave up. The next day, Akita did a 200x, $10K gain if I had managed to buy what I had planned to. I missed it, not because I chose wrong, but because of approvals and insane fees. Here’s the thing: on the EVM, every ERC-20 is just a contract pretending to be a coin. You can’t use it until you approve that contract, which costs you gas before you even touch the asset. On Fuel, we learned from this broken design. Every asset (shitcoin, stablecoin, trusted coin, even NFTs) is native. No contracts masquerading as tokens, no approval tax. If Akita had launched on Fuel, I would’ve paid a fraction of a cent in fees, and no approvals at all. Maybe it would have mooned even higher because of that.
Rubyto.fuel
Rubyto.fuel
I never expected my crypto journey to happen. I had a career plan, and it didn’t involve crypto, and certainly not scaling Ethereum… until it did. Let’s roll back to where it all started for me. Mid-2020, during Covid. I had just graduated from Engineering School where I specialized in Machine Learning and Mathematics. In my intern experiences, I worked in VR, Oil & Gas, CyberSecurity, and AI. My biggest achievement was building the prototype of what later became the main plant equipment failure predictor of a publicly traded oil and gas company. I also contributed to building an algorithm that adapts traffic light behaviors based on behavioral anticipation of road actors (pedestrians, cars, motorcycles, etc.), and identified several key DDoS attackers of banks and big tech companies based on behavioral patterns. As you probably understood, I was always fascinated about finding patterns that would shape behaviors, no matter the topic. When I finished my studies, I had many dreams, but the universe decided otherwise. The job market was as closed as it could get. I sent countless CVs, applied to jobs I’d have never wanted to do, and felt miserable. No one was hiring. Seniors would take Junior positions, and all my dreams started falling apart. Then, one day, while I was endlessly scrolling on my phone, and came across an ad about Bitcoin (likely a scam). I decided to buy some. So I went and bought about $50 of it on the first place I found that was selling crypto; Revolut (fees were insane btw). A few weeks later, my holdings almost tripled. Not that I became rich, but for the first time in months, I started to see the light at the end of the tunnel. Soon after, I moved away from Revolut, and went on Binance. As many of you, I improvised myself as a trader. Learned all the candle patterns, and then even built my first trading bots. Started simple, with simple maths, but then expanded its capabilities by repurposing an ML-powered social listening tool I had built in college. Trading became my 24/7 activity, an obsession. To the point where I would wake up in the middle of the night to check my positions. But I was profitable, so nothing to worry about. I became better at it, went from 4 figs to eventually 7 figs, surfing on the 2021 bull market. At this point, money just becomes a number, that’s all it was for me. Everything was great until I experienced my first market crash. Lost 5 figs in one night. And then the control and dedication I had spent months building turned into this unhealthy, emotional gambler mindset. I lost more until I eventually recovered from it. But then I decided to take a break from trading. It wasn’t doing me any good. I came back to crypto a month later, mid 2021, but this time, I wanted to learn more about what was behind these tokens I spent nights trading. So I applied for an ambassador program and joined @OasisProtocol. There, I discovered a face of crypto I didn’t know about, and I loved it. I refocused all my energy on learning about blockchains, self-custody, privacy, etc. I quickly went from being the person who was asking questions to the person who would reply, and started to build myself a personal brand in this community. In parallel to that, I joined another prestigious Grande École to get an extra degree. Crypto was fun, but I still didn’t picture a future for myself in this industry. It was a good hobby, but it was time to get myself a real job in the real world. I was learning Technical Project Management. It was a part-time study with an in-company apprenticeship. I joined France’s largest news media company as a Data Project Manager. The best way to get a full-time job by the time I’d graduate. Except, everything about this degree and this part time job was stale. The energy was low, and the courses felt like the materials had not been updated in decades. None of it resonated with me. My role at Oasis evolved a lot during that period, and they even offered me a job. I would lead the community of the first DEX that would launch there. I didn’t realize how much work this would be, but in comparison to the degree I was pursuing, I felt alive, and useful. During my course breaks, I would take meetings with Oasis, and during the courses, I would craft the content that would go on Twitter and manage the moderators and the community. When the project launched on mainnet, the traffic was unreal: $180M in TVL in 2 days, and $1B in volume after a month. At this moment, I started to receive a lot of interest from recruiters from all the crypto space. Top 50 crypto companies would reach out to hire me. I don’t know if you realize the feeling it’s been for me to go from being rejected from everywhere in web2 to being needed by everyone in web3. Kevin, a headhunter, who later became my friend, reached out about a promising startup called Fuel Labs, that was looking for their first growth hire with enough technical depth to understand the vision and the project. After comparing all offers, I saw a lot more growth potential and innovation for Fuel than for any other teams that had reached out to me. What clicked for me was that Fuel was thinking outside the box and redesigning the execution stack from scratch. The goal was to move the space forward, not to farm a cycle. That is the kind of work I wanted to be part of. So I dropped out of the degree, and quit the media job to join Fuel early 2022, and I don't regret any part of that journey. This job has been life-changing for me so far. I learned more in these 4 years of intense work than in any other previous experiences. We still have a lot to accomplish at Fuel to get where we want to be, and I'll be here with dedication to make it happen.
274
2
View more posts

Guides

Find out how to buy Bitcoin
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
Dive in
Predict Bitcoin’s prices
How much will Bitcoin be worth over the next few years? Check out the community's thoughts and make your predictions.
Forecast
View Bitcoin’s price history
Track your Bitcoin’s price history to monitor your holdings’ performance over time. You can easily view the open and close values, highs, lows, and trading volume using the table below.
Check it out
Own Bitcoin in 3 steps

Create a free OKX account

Fund your account

Choose your crypto

Capitalize on market volatility with advanced trading tools

Bitcoin FAQ

Bitcoin was created by an individual or group of people known only as Satoshi Nakamoto. Despite much interest, media speculation, and claims, the exact identity of Satoshi Nakamoto has never been revealed. Nakamoto withdrew from the Bitcoin project in 2010 and shared their last public email in 2011.

Bitcoin can be used to purchase online and offline goods and services. It is accepted by over 15,000 businesses, including Microsoft, Starbucks, Newegg, AT&T, Subway, and Burger King.

Additionally, Bitcoin can be sent directly between users without intermediaries, making it a faster, cheaper, and more secure payment method than traditional options like credit cards or bank transfers.

Beyond Bitcoin’s purpose as a means of exchange, it can also be held long-term for potential returns.

Currently, Bitcoin is accepted as legal tender in two countries: El Salvador and the Central African Republic (CAR). These nations have embraced Bitcoin as an official currency, with El Salvador leading the way in this adoption.

You can buy BTC tokens on the OKX cryptocurrency platform. Available trading pairs in the OKX spot trading terminal include BTC/USDT, BTC/USDC, and BTC/DAI.

You can also buy BTC with over 99 fiat currencies by selecting the "Express buy" option. Other popular crypto tokens, such as Ethereum (ETH), Tether (USDT), and USD Coin (USDC), are also available.

Alternatively, you can swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for BTC with zero fees and no price slippage by using OKX Convert.

Another way you can purchase BTC tokens is via the OKX P2P Trading platform. P2P trading allows users to buy and sell cryptocurrencies directly from other users without needing a middleperson.

To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into BTC, visit the OKX Crypto Converter Calculator. OKX's high-liquidity crypto exchange ensures the best prices for your crypto purchases.

Bitcoin can be purchased through a centralized exchange such as OKX using fiat currency or other cryptocurrencies, or purchased directly from another individual via a decentralized exchange. If you already hold a cryptocurrency such as ETH, SOL, or USDT, you can also trade this for Bitcoin via a decentralized exchange.

Bitcoin can be obtained by mining the asset, which requires specialized knowledge and the necessary hardware and software. Meanwhile, Bitcoin can be purchased through a physical Bitcoin ATM, although they’re not as widely used as exchanges.

Bitcoin trading does come with some risks, including cybersecurity threats and the potential loss of your funds if the price of Bitcoin falls. It’s important to remember that cryptocurrencies are a volatile asset and prices can fluctuate unexpectedly.

With Bitcoin trading taking place across digital platforms, there’s the risk of fraud, scams, and hacks. However, the leading exchanges put in place measures to protect users from these threats. There’s also plenty you can do to protect yourself as a crypto trader, such as by using two-factor authentication and diligently protecting your wallet’s private keys and seed phrases.

Put simply, no. Bitcoin is a volatile asset that regularly sees price fluctuations. Although the price of Bitcoin has risen significantly in the past, this is no guarantee of future performance. It’s important to keep in mind that the trading of cryptocurrencies is purely speculative, which is why you should never trade with more than you can afford to lose.
The legal status of cryptocurrencies is different across countries. Crypto is illegal in some nations, while others have embraced the technology and put in place regulations to manage the industry and protect users. Before you attempt to trade, it’s wise to first research what the law states regarding the ownership and trading of cryptocurrencies and other digital assets.

The Spot Bitcoin ETF is a form of exchange-traded fund offered by major TradFi institutions including BlackRock, Grayscale, and Fidelity. Approved by the U.S. Securities and Exchange Commision on January 10, 2024, the Spot Bitcoin ETF tracks the current price of Bitcoin — referred to as the 'spot' — and its value therefore rises and falls in line with real-time Bitcoin price movements. As a result, the Spot Bitcoin ETF provides exposure to Bitcoin as an asset but without requiring you to hold BTC coins yourself.

Currently, one Bitcoin is worth $114,489.5. For answers and insight into Bitcoin's price action, you're in the right place. Explore the latest Bitcoin charts and trade responsibly with OKX.
Cryptocurrencies, such as Bitcoin, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Bitcoin have been created as well.
Check out our Bitcoin price prediction page to forecast future prices and determine your price targets.

Dive deeper into Bitcoin

Bitcoin (BTC) is a revolutionary virtual currency that supports a decentralized peer-to-peer (P2P) payment system free from the centralized control of any government or entity. Bitcoin was created in 2008 by an anonymous person or group of people known by the pseudonym Satoshi Nakamoto.

Although Bitcoin wasn't technically the first cryptocurrency created, the asset and its ground-breaking blockchain technology are widely considered the catalyst for today's flourishing digital asset industry. Bitcoin is currently the largest cryptocurrency by market capitalization.

How does Bitcoin work?

Bitcoin is entirely digital and operates on a decentralized blockchain network — a virtual public ledger that records all transactions made on the Bitcoin blockchain. Bitcoin transactions are sent electronically to nodes that verify their validity. Once confirmed, a transaction is grouped with others to create a 'block' of information, which is then added to the blockchain. This process is known as Proof of Work, and it helps to protect the network's security.

The blockchain ledger is immutable, making it virtually impossible to be removed or altered. The ledger is freely accessible to anyone, making it an open blockchain, and transactions can be made anonymously, bringing privacy and transparency to the network. Being decentralized, Bitcoin can be traded freely between anyone with an internet connection through P2P trading.

Who created Bitcoin?

Bitcoin was created by the individual or collective group known as Satoshi Nakamoto as a response to perceived issues with the traditional banking system. Bitcoin was launched immediately after the global economic crash of 2007 and 2008, and its purpose was revealed to the world through a white paper titled Bitcoin: A Peer-to-Peer Electronic Cash System. Ultimately, Bitcoin was designed to help create a fairer, more equitable, and more democratic financial system for all — free from the control of banks and centralized entities.

Over the years, various figures have claimed to be Bitcoin's creator, and some media titles have incorrectly identified individuals as such. But, to this day, Nakamoto's true identity has never been revealed.

What is Bitcoin used for?

Bitcoin is considered by many to be a store of value, which is why some refer to the asset as "digital gold". The currency also provides a decentralized payment system through which other digital assets can be traded and transferred.

Bitcoin is widely traded speculatively, and is growing in adoption as a form of payment for goods and services. What's more, some companies allow their employees to be paid a portion of their salary in Bitcoin. Many people see Bitcoin as a hedge against inflation, given its historical resilience and alleged outperformance during inflationary periods.

Advancements to blockchain technology have brought about an evolution in what's possible on the Bitcoin network. The ordinals protocol, for example, now allows users to inscribe data such as videos, images, and text onto individual satoshis — the smallest unit of Bitcoin — on the Bitcoin blockchain. This created a new way of storing and sharing digital assets using blockchain technology. Then, in 2024, Bitcoin Runes arrived. The protocol allows users to create new tokens directly on the Bitcoin network, and potentially provides Bitcoin miners with a new revenue stream.

Bitcoin price and tokenomics

One unique factor of Bitcoin is that the BTC price and value is ultimately determined by the collective opinion and actions of the community that trades it. Where fiat currencies are backed by physical commodities or government guarantees, Bitcoin is simply backed by data and shared beliefs.

Bitcoin's price and value is also influenced by the demand for the asset relative to its available supply. From the asset's inception, its supply was limited to 21 million Bitcoin to create scarcity and theoretically increase the asset's value over time as demand increases. Factors outside of the asset's controlled supply and scarcity also have an impact on BTC price. One major factor is the sentiment surrounding Bitcoin news and how it influences public opinion to either buy or sell the asset.

The supply of total Bitcoin is managed by a process known as 'mining', which is also decentralized and open to anyone with the required connectivity, knowledge, and resources. BTC mining involves using computers to solve complex equations to validate transactions and store them on the blockchain. Bitcoin miners earn BTC as a reward for solving these equations. Not only does this incentive increase the supply of Bitcoin, it also helps to strengthen the network's security.

What is the Bitcoin halving?

Bitcoin's code has been deliberately designed to reduce the rewards given to miners through an event known as Bitcoin halving. The amount of Bitcoin awarded to miners for successfully adding blocks to the blockchain is reduced by half after every 210,000 blocks, or approximately every four years. To date, the Bitcoin network has witnessed a halving event in November 2012, July 2016, May 2020, and April 2024.

The Bitcoin halving progressively reduces the rate at which new BTC enters circulation until the total fixed supply of 21 million Bitcoin is mined. Bitcoin mining will end when the token reaches its maximum circulating supply around the year 2140. Since the latest halving event in 2024, the Bitcoin mining reward has been cut from 6.25 BTC to 3.125 BTC. The next Bitcoin halving is expected to take place at some point during 2028, although the exact date is difficult to estimate. Following the next halving event, the Bitcoin mining block reward will be reduced to 1.5625 BTC.

Historically, the BTC price has rallied following halving events, although the gains made have diminished with each successive halving. The Bitcoin price jumped by over 12,400% following the first halving event in 2012, 5,200% after the 2016 halving, and 1,200% following the 2020 halving.

Bitcoin mining and its environmental impact

'Bitcoin mining' refers to the process through which new Bitcoin are created and Bitcoin transactions are verified before being added to the blockchain. During the mining process, miners compete to solve difficult cryptographic problems. The first miner to solve the problem is rewarded with newly created Bitcoins — what's known as the block reward.

Bitcoin mining has come under scrutiny for its environmental impact because the process is highly energy intensive. Research have shown that, in 2023, the electricity used to support Bitcoin mining represented around 0.2% to 0.9% of the total global demand for electricity. As a result, Bitcoin mining consumes a similar amount of electricity as some countries. And, as the difficulty of solving cryptographic problems during the mining process increases, so does the energy demanded. The environmental impact of Bitcoin mining is understandably a challenge for the crypto space. Today, organizations such as the Crypto Climate Accord (CCA) and Bitcoin Mining Council (BMC) are working to address the sustainability challenges facing crypto and provide transparency to mining operations.

Towards more sustainable Bitcoin mining methods, the activity has been adopted as a method of monetizing energy sources that would otherwise go to waste, providing a valuable source of income in developing nations in particular. In both Nigeria and Costa Rica for example, hydroelectric power is being repurposed to support crypto mining operations, generating income not only through mined BTC but also the hosting of mining infrastructure. Meanwhile, some Bitcoin mining operations have invested their BTC earnings into renewable energy sources to help offset the environmental impact of mining.

How to trade Bitcoin

There are many ways to acquire and trade Bitcoin, and one of the most common is through an exchange. Although Bitcoin was built on the idea of decentralization, what's known as a centralized exchange provides access to the currency. On a centralized exchange, you can purchase Bitcoin using traditional currencies such as USD and EUR, or using other cryptocurrencies including USDC or ETH. Alongside providing an avenue to purchase Bitcoin, centralized exchanges also match buyers to sellers so you can trade Bitcoin with ease.

Decentralized exchanges are an alternative to centralized services. On a decentralized exchange, buyers and sellers interact directly without the involvement of an intermediary to trade cryptocurrencies. This is known as P2P. Although decentralized exchanges may be hosted by a centralized entity, it has no influence over the transactions between users, and only provides the platform for exchanges to take place. As a result, you'll need a Bitcoin wallet to safely store your BTC.

Alongside the trading of Bitcoin for other digital assets, it's possible to obtain Bitcoin through mining and even by using Bitcoin ATMs. Like a conventional ATM but one that's connected to the blockchain, Bitcoin ATMs allow you to effortlessly exchange BTC for cash or cash for BTC.

How can I keep my Bitcoin safe?

If you buy or trade Bitcoin through a centralized exchange, your chosen platform will hold your tokens on your behalf. However, it's recommended that you use a self-custody Bitcoin wallet to manage your BTC yourself. With a secure and trusted Bitcoin wallet, you won't need to rely on a third-party to keep your Bitcoin safe. You'll keep full control of your private keys, while you also avoid the need to share personal details with a third-party, preserving your privacy. Whether you choose a hardware or a software wallet when selecting a Bitcoin wallet, it's essential to understand how the tool works and how to manage your private keys, so you avoid errors that could compromise the security of your assets.

Latest Bitcoin news

2024 has been a noteworthy year for Bitcoin. One major development for the currency came with the approval of a Spot Bitcoin ETF by the U.S. Securities and Exchange Commission (SEC), which was announced on January 10, 2024. Eleven proposals from issuers including Grayscale, Blackrock, ARK, and VanEck were approved, marking a major shift towards the mainstream adoption of Bitcoin. This was followed by the approval of six further Spot Bitcoin ETFs in Hong Kong on April 30, 2024 as the funds reached retail traders in Asia for the first time.

Around three months after the approval of the Spot Bitcoin ETF in the U.S., the virtual currency experienced its fourth Bitcoin halving since launch, which happened on April 19, 2024. The Bitcoin halving cut the reward granted to miners on the Bitcoin network from 6.25 BTC to 3.125 BTC. There's much speculation around the impact the latest Bitcoin halving event will have on the asset's value, and it's still too early to assess how the 2024 halving will impact the Bitcoin price long-term.

Events such as the Spot Bitcoin ETF approval, the 2024 halving event, and bullish sentiment for the crypto market broadly helped Bitcoin to reach a new all-time high price of $73,787 on March 13, 2024. However, BTC prices pulled back as far as $56,825.40 on April 30, 2024, before reaching above $60,000 and entering a period of sideways movement.

Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Market cap
$2.28T #1
Circulating supply
19.92M / 21M
All-time high
$124,500
24h volume
$45.73B
4.5 / 5
Make Bitcoin yours with a trade