BTC USD — Bitcoin Price and Chart

Overview

BTCUSD chart

Key facts today

Bitcoin's price surged past $99,000 after a three-week low of $92,000, peaking over $108,000. Its market cap stands at $1.95 trillion, with Bitcoin dominating 54.6% of the cryptocurrency market.

Bitcoin is down but recovering, with Binance's open interest rising. The leverage ratio is at a low 13.5, while Coinbase Premium remains negative, indicating trader caution.

Tether reported a $2.5 billion profit in Q3 2024, boosted by higher yields on USDT assets. The firm plans to invest up to $20 million in Bitcoin, which could influence Bitcoin mining investments.

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About Bitcoin

Bitcoin is the world’s most traded cryptocurrency, and represents the largest piece of the crypto market pie. It was the first digital coin and as such, remains the most famous and widely-adopted cryptocurrency in the world. It's the original gangster in whose footsteps all other coins follow. The birth of Bitcoin was the genesis of an entirely new asset class, and a huge step away from traditional, centrally controlled money. Today, many advocates believe Bitcoin will facilitate the next stage for the global financial system, although this — of course — remains to be seen.