Bitcoin Price Chart (BTC/USD) | Bitcoin Value (2024)

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Bitcoin Price Chart (BTC/USD) | Bitcoin Value? ›

Bitcoin Price Summaries

Bitcoin's price today is US$69,308.63, with a 24-hour trading volume of $31.76 B. BTC is -0.10% in the last 24 hours. It is currently -2.38% from its 7-day all-time high of $70,999.10, and 3.96% from its 7-day all-time low of $66,668.99.

Bitcoin Price Summaries

Bitcoin's price today is US$69,308.63, with a 24-hour trading volume of $31.76 B. BTC is -0.10% in the last 24 hours. It is currently -2.38% from its 7-day all-time high of $70,999.10, and 3.96% from its 7-day all-time low of $66,668.99.

As of 2024, Bitcoin's highest price ever recorded is $73,844. However, the price has retreated pretty quickly due to the anticipation of Bitcoin halving (which happened on April 20, 2024) and several other factors.

Our most recent Bitcoin price forecast indicates that its value will increase by 10.26% and reach $77,148 by June 06, 2024.

Bitcoin is more stable than it's been in years, and the next halving is fast approaching. Taking current market conditions into account, now might well be the perfect time to invest, so long as you remain cognizant of the risks.

Based on our research, some of the best altcoins are ButtChain, Chainlink, Ondo, Uniswap, and Pendle. These coins showcase a range of functionalities, from innovative presales to advanced DeFi features and yield trading platforms.

Sarathy concurs that there are risks involved with investing in these cryptocurrencies, including price volatility, cybersecurity concerns and a lack of regulations compared to traditional currency. Ultimately, it's up to each individual user how much risk they want to take.

Who Owns the Most Bitcoins? Satoshi Nakamoto, the pseudonymous creator of Bitcoin, is believed to own the most bitcoins, with estimates suggesting over 1 million BTC mined in the early days of the network.

According to the Bitcoin protocol, the maximum number of bitcoins that can be created is 21 million. As of March 2023, approximately 18.9 million bitcoins have been mined, meaning there are around 2.1 million bitcoins left to be mined.

Will BTC rise again? ›

Bitcoin Price Prediction October 2024

With this, new liquidity could flow into the markets, causing the BTC price to trigger a bullish upswing. As the trade advances toward the end of the month, the volume and volatility are expected to rise, due to which the BTC price may close the trade between $73,000 and $73,500.

The lowest closing price for Bitcoin (BTC) all-time was $0.05, on July 18, 2010. The latest price is $70,957.74.

The New Liberty Standard Exchange recorded the first exchange of Bitcoin for dollars in late 2009. Users on the BitcoinTalk forum traded 5,050 bitcoins for $5.02 via PayPal, making the first price mediated through an exchange a bargain basem*nt price of $0.00099 per bitcoin.

If Wood is correct and Bitcoin reaches $3.8 million, a $100 investment in Bitcoin today would be worth $5,510 in 2030. This translates to a compounded annual growth rate (CAGR) of over 95%. While the prediction is bullish, Bitcoin's 14-year CAGR is well over 220%, so it is not entirely out of the question.

However, some experts have offered bold projections. Cathie Wood, the founder, chief executive officer, and chief investment officer of ARK Invest, believes that Bitcoin could be worth $1 million per coin before 2030, as adoption by institutional investors increases.

Based on our long-term Bitcoin Coin price forecast, we anticipated that prices could reach a new all-time high this year. By 2040, the maximum price of the BTC Coin is projected to be around $5,69,240.60. Our average price forecast for Bitcoin is $5,57,632.74 in 2040.

Bitcoin (BTC) Prediction for 2040 and 2050

If we draw a line connecting Bitcoin's historical lows, we get a prediction of $1.3 million by 2030 and a staggering $200+ million by 2040 and 2050, which would put its market cap at an unreasonable $4 quadrillion. By this time, this asset class will likely be matured.

So, Wood could be giving these predictions as a way to increase engagement with her firm's products. If ETH reaches $166,000 per token by 2030, it would create huge gains. Specifically, an investment of $1,000 would be worth $54,330.