As of 9:11am today, the price of Bitcoin (BTC) is £17,236, according to CoinMarketCap. It’s up 1.29% on yesterday’s figure of £17,013, down 4.81% on last week and down 9.71% on one month ago.
The 24-hour trading volume is around £34.7 billion, and it has a market cap of about £330.2 billion.
The 52-week high of Bitcoin is £50,843, while the 52-week low is £14,485.
If you purchased a single Bitcoin at the 52-week low of £14,485 and sold it at today’s price of £17,236, you’d earn £2,751 for a positive return of 18.99%.
Alternatively, if you purchased a single Bitcoin at the 52-week high of £50,843 and sold it at today’s price, you’d have lost 66.1%, equivalent to minus £33,608.
If you want to start investing in Bitcoin, you’ll need a crypto exchange to do so. Keep in mind you may owe taxes on any gains you realise. Past performance is not a predictor of future results. Purchasing Bitcoin is speculative and you may lose all of your investment.
Bitcoin Price Over Time
Bitcoin has moved up by 1.29% within the last 24 hours. Overall, BTC’s price today is above its 52-week low of £14,485.
Over the past week, Bitcoin has hit a high of £17,664 and a low of £16,226.
The cryptocurrency, overall, has moved down during the past three months. Over the past 90 days, it has fallen to its current price of £17,236.
How Many Bitcoins (BTC) Are There?
There are currently 19,158,225 Bitcoins in circulation. There is a total maximum limit of 21 million Bitcoins that can ever be created. Given the total number of mined coins and the maximum limit, only 1,841,775 Bitcoins are left to be produced.
Analysts project that the last Bitcoin will be mined sometime around 2140. No new Bitcoins will enter circulation after this point.
As the first cryptocurrency, Bitcoin is the best known of the more than 5,000 cryptocurrencies on the market today. But the ins and outs of this cryptocurrency can be difficult to understand. Here’s a look at how Bitcoin works.