Price Information
1 Year Change
All Time High
$126,173.18 -15.15%
About Bitcoin
BTC Price Pulse: What’s Moving It?
Bitcoin (BTC) is currently priced at $107,007.48, experiencing a 2% decline over the past 24 hours. Despite this dip, its market capitalization remains substantial at over $2.13 trillion USD. The cryptocurrency market is influenced by a complex interplay of factors including investor sentiment, macroeconomic trends, regulatory developments, and technological advancements.
Short-term price movements often reflect broader market reactions to global economic news, such as inflation rates, interest rate decisions by central banks, and geopolitical events. Additionally, changes in Bitcoin’s network activity, large-scale institutional investments or sell-offs, and media coverage can trigger volatility. The recent 2% fall in BTC price suggests some profit-taking or risk-off behavior from investors amid uncertainty in traditional markets.
BTC Price Catalysts: Bull Case & Bear Case
On the bullish side, Bitcoin continues to be recognized as digital gold, appealing to investors seeking hedges against inflation and currency devaluation. The adoption of Bitcoin by corporations and payment platforms furthers its legitimacy. Technological upgrades and increasing regulatory clarity can foster confidence, driving prices upward. Moreover, supply constraints due to the capped maximum supply of 21 million coins support its scarcity value.
Conversely, the bear case centers on regulatory pressures and potential crackdowns by governments wary of decentralization and capital outflows. Security concerns around exchanges and wallets, combined with competition from newer cryptocurrencies, can weigh on bright investor sentiment. Additionally, adverse macroeconomic conditions, such as rising interest rates and strengthening of the U.S. dollar, often lead to lower risk appetite and capital outflows from risk assets like Bitcoin.
Retail investors should carefully weigh these factors, recognizing that Bitcoin’s market is highly volatile and influenced by both fundamental and speculative forces.
Frequently asked questions
Bitcoin is currently down by 2% influenced by a combination of market profit-taking, macroeconomic uncertainties including inflation and interest rate concerns, and potential regulatory apprehensions causing investors to be cautious.
Bitcoin’s market capitalization of over $2.13 trillion represents the total value of all bitcoins in circulation, reflecting overall market confidence and investment scale in the cryptocurrency.
Many investors view Bitcoin as a digital store of value and hedge against inflation due to its capped supply, but its price volatility means it carries more risk compared to traditional inflation hedges.
Retail investors should monitor regulatory updates, global economic indicators, institutional involvement, technological developments, and market sentiment to better understand potential price changes.
Higher interest rates often reduce appetite for risk assets like Bitcoin by increasing borrowing costs and offering better returns from safer investments, which can negatively impact its price.
Yes, upgrades that improve Bitcoin’s scalability, security, or usability can increase adoption and investor confidence, potentially driving prices higher over time.
Popular Bitcoin Exchanges
eToro is a multi asset social trading platform. Its standout feature is copy trading, letting you mimic successful investors. User-friendly and regulated, it’s great for both beginners and experienced traders.
Rating:
3.2
Reviews:
5
Bitget, founded in 2018 during a crypto downturn, is a global exchange focused on user-centric innovation. With roots in traditional finance, its team saw blockchain’s potential early on. Today, Bitget aims to make crypto trading more accessible while promoting long-term industry growth.
Figure Markets is a new crypto trading platform where users fully control their own funds, with low trading fees and up to 8% interest on stablecoins.
Cryptomus offers a secure, user-friendly platform for buying, selling, and managing crypto, with P2P trading, staking (up to 20% APR), and mobile access for seamless transactions.
Rating:
4.9
Reviews:
3
Neverless is a new crypto trading platform created by former Revolut executives. It’s fully regulated in Europe and aims to make crypto more accessible by offering commission-free trading, competitive pricing, and support for over 700 cryptocurrencies. Users can also earn high yields on their assets and quickly buy crypto using Apple Pay or Google Pay.
Binance is the world’s leading blockchain ecosystem, with a product suite that includes the largest digital asset exchange. Their mission is to be the infrastructure provider for crypto in tomorrow’s world.
Rating:
3.4
Reviews:
12
Bitpanda is a European neobroker on a mission to democratize the complex world of investing. With low fees, 24/7 trading and real-time settlement, Bitpanda empowers users to shape their financial futures - on their own terms.
Rating:
2.9
Reviews:
21
WhiteBIT is a centralized crypto exchange offering spot, margin trading & staking, with a strong focus on security & compliance. It was founded in 2018 and is registered in Lithuania, although it operates globally.
Coinbase is a digital asset broker headquartered in San Francisco, offering exchanges of Bitcoin, Ethereum, and other crypto assets in 32 countries, and bitcoin transactions and storage in 190 countries worldwide.
Rating:
3.5
Reviews:
20
Wirex is a digital payments platform that bridges crypto and traditional finance, letting users buy, hold, and spend both fiat and digital currencies with a single card.
Cryptocurrencies
$106,902.00
-2.0 %Best price for Bitcoin at
$3,734.04
-4.4 %Best price for Ethereum at
$1.00
-0.0 %Best price for Tether at
$1,020.26
-1.0 %Best price for Binance Coin at
$2.35
-4.1 %Best price for Ripple at
$178.71
-5.7 %Best price for Solana at
$1.00
0.0 %Best price for USDC at
$3,740.46
-4.4 %Best price for Lido Staked Ether at
$0.19
-4.6 %Best price for Dogecoin at
$0.32
-1.3 %Best price for TRON at
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