The live Bitcoin price today is $106,150.44 USD** with a **24-hour trading volume** of **$25.82B USD. Our BTC to USD price updates in real-time. Bitcoin has decreased by -0.87% in the last 24 hours. Currently ranked #1 by market capitalization, Bitcoin boasts a live market cap of $2.11T USD, with a circulating supply of 19.88M BTC and a maximum supply capped at 21M BTC.
What Is Bitcoin (BTC)?
Bitcoin (BTC) is the first decentralized cryptocurrency, operating on peer-to-peer technology without central authority involvement. Created by the pseudonymous Satoshi Nakamoto, its open-source code allows global collaboration. Bitcoin revolutionizes money by enabling:
- Secure, low-fee transactions
- Pseudonymous payments
- Borderless financial access
- Deflationary scarcity (21M BTC cap)
Using the SHA-256 algorithm, Bitcoin transactions average 10-minute confirmation times. Modern mining employs ASIC chips, achieving peta-hash computational power.
Bitcoin’s Market Influence
As the pioneering crypto, Bitcoin inspired alternatives like Litecoin and Peercoin. Later innovations like Ethereum’s smart contracts expanded blockchain use cases, enabling projects like EOS and Tron.
Key Bitcoin Features
| Feature | Detail |
|---|---|
| Max Supply | 21,000,000 BTC |
| Consensus | Proof-of-Work (SHA-256) |
| Block Time | ~10 minutes |
| Use Cases | Store of value, global payments |
FAQ: Bitcoin Price and Fundamentals
Why does Bitcoin’s price fluctuate?
Bitcoin’s value reacts to supply-demand dynamics, regulatory news, institutional adoption, and macroeconomic trends. Its finite supply contrasts with fiat currencies, amplifying volatility.
👉 Discover how Bitcoin compares to traditional assets
How is Bitcoin’s price determined?
Exchanges aggregate buy/sell orders globally. The BTC/USD rate reflects real-time trading activity across platforms like Coinbase and Binance.
What drives Bitcoin’s long-term value?
Scarcity (21M cap), decentralization, and growing acceptance as digital gold underpin its valuation. Institutional investment (e.g., ETFs) further legitimizes BTC.
Can Bitcoin scale for mass adoption?
Layer-2 solutions like the Lightning Network enable faster, cheaper transactions, addressing scalability challenges.
👉 Explore Bitcoin’s technological roadmap
Final Thoughts
Bitcoin remains the flagship cryptocurrency, blending scarcity, security, and decentralization. Its real-time price reflects a maturing asset class with evolving utility beyond pure speculation. For investors, understanding BTC’s market mechanics and fundamentals is key to navigating its volatility.
### Key SEO Elements:
- **Target Keywords**: Bitcoin price, BTC/USD, cryptocurrency, Satoshi Nakamoto, decentralized currency
- **Structure**: Hierarchical headings, table for quick facts, embedded FAQs
- **Engagement**: Conversational tone, anchor links (OKX), actionable details