As of 06/05/2025 at 07:15:54 ‚ the price of 1 Bitcoin (BTC) is fluctuating around $104‚643.74.
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Recent Price Fluctuations
Compared to yesterday’s price of $103‚783.64‚ Bitcoin has seen an approximate 1% increase. However‚ it’s down about -3% from its price of $108‚117.44 one week ago.
All-Time High
Bitcoin’s all-time high was $111‚891.30‚ reached on May 22‚ 2025. The current price is about -6% lower than this peak.
Live Bitcoin Price
The live Bitcoin price is around $104‚409 USD‚ with a 24-hour trading volume of $44‚006‚737‚653 USD. It is down 0.11% in the last 24 hours.
Market Cap & Supply
Bitcoin’s CoinMarketCap ranking is 1‚ with a live market cap of $2‚074‚969‚839‚985 USD. The circulating supply is approximately 19.87 Million BTC‚ with a maximum supply of 21.00 Million.
Recent Trading Activity
The last known price of Bitcoin is $105‚751.72042403 USD‚ up 0.42% over the last 24 hours. It is currently trading on 12209 active market(s) with $43‚819‚958‚325.63 traded over the last week.
7-Day Price History
Over the last 7 days‚ Bitcoin’s price has fluctuated‚ with a high of $109‚378 and a low of $104‚011.
Factors Influencing Bitcoin’s Price
Several factors contribute to the volatile nature of Bitcoin’s price‚ including:
- Market Sentiment: Public perception and news events significantly impact buying and selling pressure. Positive news tends to drive prices up‚ while negative news can lead to sell-offs.
- Regulatory Environment: Government regulations and policies regarding cryptocurrencies can have a substantial effect on Bitcoin’s value. Clear and supportive regulations can boost confidence‚ while restrictive policies can create uncertainty.
- Adoption Rate: As more businesses and individuals adopt Bitcoin for transactions and investments‚ its demand and price tend to increase.
- Technological Developments: Improvements in Bitcoin’s technology‚ such as scalability solutions and security enhancements‚ can positively influence its perceived value.
- Macroeconomic Conditions: Global economic factors‚ such as inflation‚ interest rates‚ and geopolitical events‚ can also impact Bitcoin’s price as investors seek alternative assets.
- Mining Activity: The cost and difficulty of mining Bitcoin‚ along with the block reward halving events (which reduce the reward for mining new blocks)‚ can affect its supply and‚ consequently‚ its price.
Where to Track Bitcoin’s Price
You can track Bitcoin’s price on various cryptocurrency exchanges and financial websites‚ including:
- CoinMarketCap
- Coinbase
- Binance
- Kraken
- Yahoo Finance
- Google Finance
These platforms provide real-time price data‚ historical charts‚ and other relevant information to help you stay informed about Bitcoin’s performance.
Cryptocurrency investments are highly speculative and carry significant risks. The value of Bitcoin can fluctuate dramatically and is not guaranteed. This information is for informational purposes only and should not be considered financial advice. Always conduct thorough research and consult with a qualified financial advisor before making any investment decisions.
