Bitcoin Price

Follow the Bitcoin price in dollar, euro and Pound sterling

In the above widget you can see the current Bitcoin price. By default, it is set to show you the period over the past 30 days (1M). The current Bitcoin value is shown in USD, EUR and GBP on top of the chart.

You can also see how the BTC price has performed over the course of 24 hours, 7 days, 30 days, 3 months, half year and 1 year. The Bitcoin price chart is shown in dollar. Underneath the chart you can see the trading volume of all crypto exchanges all together.

Please note that Bitcoin (as well as other cryptocurrency), due to their nature as crypto coins, are traded all day, just like the US dollar or the Euro.

Traditional stocks (usually part of a national index such as the Dutch AEX, the Belgian BEL20 or the German DAX) show a start and end time from 9 AM until 5.30 PM and are only traded during weekdays.

Bitcoin continues 24 hours a day, every day of the year without any breaks.

Live BTC price in euros, dollars and pounds

The information below will give you an insight into the Bitcoin performance over the past month and week. You’ll see the current market capitalization and the highest and lowest prices over the last 24 hours.

Click EUR, USD and GBP to switch between you favorite fiat currency.

Please note that the price may vary by a few euros compared to the rates provided at the top of the page. This is due to the fact that two different suppliers provide the data.

The history of Bitcoin’s price

The mysterious Satoshi Nakamoto developed Bitcoin in 2008 and released it to an unsuspecting world in early 2009. Of course, there weren’t too many transactions in the starting year, but the first time anyone really paid with Bitcoin was for two pizzas at a Papa John’s franchise in Florida.

A Bitcoin fan paid 10 000 BTC that day. Based on today’s Bitcoin value, that would make them the most expensive pizzas ever sold.

Bitcoin has seen some major crashes and bull runs since then.

The first major breakthrough for Bitcoin was in 2012, when an increasing number of supermarkets, especially in Asia, allowed people to pay with the cryptocurrency. Things continued to go steeply upwards in 2013.

The first time Bitcoin appeared in the world news, and not really in a good way, was in October 2013. The FBI closed the so-called Silk Road website, a black market website where you can buy all kinds of forbidden stuff. Since payments for that site were mostly done in Bitcoin, given the pseudo-anonymity, it gave a great exposure to the most famous cryptocurrency.

2014, 2015 and 2016

2014 was another bad year for Bitcoin due to the bankruptcy of the Mt. Gox exchange in Japan. Since the exchange represented about 75% of all Bitcoin trading, this was a very heavy hit for the price.

In 2015 and 2016, the currency became more and more popular, going up consistently.

2017

The peak so far was in the period from October to December 2017, when the Bitcoin Price went up and a real bull run started. The highest price of almost $20.000 per BTC was registered in December 2017. The global media discovered cryptocurrency and even the taxi drivers were talking about crypto.

2018

However, the party stopped in the beginning of 2018 and the Bitcoin value dropped about 75% from its highest point.

2019

2019 showed a slight stabilization, with some ups and downs that investors were expecting from the currency given its history.

2020

2020 was an eventful year for Bitcoin. The year started well with a Bitcoin price of around €5,900 ($7,231). A month later, the price even breached the $10k level again, before dropping more than 50% in value to below $4,000 on some exchanges due to the global pandemic. After that, the price rose steadily again and the Bitcoin halving in May 2020 caused the supply to be reduced. In July, the USD 10,000 was breached again and Bitcoin has not traded below this level since.

Major publicly traded companies such as PayPal and Square are starting interesting in Bitcoin and this had positive consequences for the Bitcoin price. So well that it broke the all-time high of $20,000 since January 2018. The price even rose above $28,000 at the end of 2020.

2021

The uptrend of Bitcoin (and the overall crypto market) continued in 2021 as well. Starting at around $28,000, Bitcoin rose to around $60,000 in the first quarter of 2021. More and more institutional companies decided to invest in Bitcoin, but the big catalyst was that Tesla placed more than 1.5 billion worth of Bitcoin on its balance sheet.

February 2021, the whole world noticed Bitcoin when it broke through the $50k barrier for the first time. Excited by the news in January of that year that Tesla would soon be accepting Bitcoin as a means of payment and Wall Street saw investors lining up to buy this new digital currency that suddenly gained global acceptance, FOMO propelled Bitcoin to $65,000 in April 2021. .

May saw heavy sales due to Tesla reversing its promise, the Chinese government banning Bitcoin mining, and other factors. In November, however, the BTC price went even higher, reaching an all-time high of $69,000. The year 2021 ended with a Bitcoin price of $46,306.

2022

The start of 2022 was not a good one for Bitcoin. When the stock markets entered correction territory in January 2022, Bitcoin followed the path of the Nasdaq. The Nasdaq, which mainly consists of tech stocks, had a sharp decline in early 2022, as the Fed plans to raise interest rates. 2022 started with a BTC price of about $46,000, but this fell to about $19,000 in the first half of the year. The reason for this sharp drop was the war between Russia and Ukraine, the Terra (LUNA) scandal and the raising of interest rates to counter extreme inflation.

In the second half of 2022, interest rates continued to rise, but Bitcoin remained relatively stable, trading between $18,000 and $20,000.

The highest price of the year 2022 was $48,199, but amidst economic uncertainties and shifting market dynamics, Bitcoin experienced a significant decline to $19,926 in June, representing a loss of 37%.

Despite these drops, Bitcoin showed resilience with periods of recovery, such as a 16% surge in July, underlining investors’ faith in its long-term value. The year ended on a lower note, with the price at $16,537 in December, reflecting a total decline of 64% for the year.

For Bitcoin and the broader cryptocurrency market, 2022 was a year of hope, speculation, and ultimately, realism. Predictions from leading analysts and investors highlighted Bitcoin’s potential, but real market dynamics and external factors played a crucial role in price action. This illustrates the volatility and unpredictability of the crypto market, where investors and stakeholders must continually navigate a landscape of high expectations and real-world outcomes.

2023

In 2023, Bitcoin experienced an impressive recovery, marking a significant turnaround from the previous year. The year began with a powerful surge in January, with the price soaring by 39% to $23,125, setting the stage for the rest of the year. This increase signaled renewed confidence and interest in the market, possibly driven by positive developments within the crypto sector or changing economic conditions.

February and March continued this positive trend, with modest growth in February followed by a substantial 23% jump in March, further driving up the price. This period marked a time of optimism, as investors were likely encouraged by improving market outlooks or favorable news.

SVB Collapse in 2023

One of the most notable events was the collapse of Silicon Valley Bank (SVB), which marked a turning point and drew attention back to crypto following the 2022 bear market. This event highlighted the risks of the fractional reserve banking system and underscored the benefits of Bitcoin’s decentralized nature and its potential for self-custody of funds. As a result, Bitcoin’s price surged past $30,000 in April.

April and May brought more moderate growth, with increases of 2% and -6%, respectively, indicating a market still in motion but with some volatility. June and July saw a recovery, with a 12% increase in June, although July faced a slight setback with -4%.

SEC Lawsuits and BlackRock’s ETF Application

The lawsuits by the U.S. Securities and Exchange Commission (SEC) against Binance and Coinbase negatively impacted Bitcoin’s price, leading to periodic declines. These legal actions underscored ongoing debates over cryptocurrency classifications, casting a shadow of uncertainty over the market.

In June, shortly after the SEC lawsuits, BlackRock’s iShares filed paperwork with the SEC for the iShares Bitcoin Trust, a spot Bitcoin ETF. This news was positively received in the crypto industry, which at the time was grappling with regulatory setbacks. Bitcoin’s price received a noticeable boost, rising to nearly $26,000 after the announcement.

Recovery Starting September 2023

From September onward, the recovery resumed with steady growth throughout the rest of the year. September saw a modest 3% increase, followed by a remarkable 28% surge in October, signaling growing investor confidence.

November and December concluded the year on a high note, with increases of 8% and 12%, respectively, bringing the price to an impressive $42,272 in December. These final months highlighted Bitcoin’s resilience and the market’s ability to recover from previous setbacks.

Overall, Bitcoin’s price action in 2023 illustrates a year of recovery and growth, characterized by both volatility and resilience. The market navigated various challenges and opportunities, ultimately closing the year on a positive note.

2024

In 2024, Bitcoin’s price experienced a particularly volatile year, marked by sharp increases and declines driven by a mix of market confidence and periods of correction. The year began quietly in January, with a stable price around $42,000, but soon saw a strong upward movement. February, in particular, witnessed an impressive 43% increase, followed by continued growth in March. However, this bull run was interrupted in April, when the price dropped significantly due to a market correction.

The summer months brought alternating recoveries and declines, with modest increases in July and sharp drops in August. The market remained volatile but rebounded each time, reflecting investor confidence. Toward the end of the year, the upward trend resumed. The final months of 2024 saw some of the highest price levels, with a November close above $76,000. This year demonstrated the dynamics and unpredictability of the Bitcoin market, where periods of euphoria and corrections alternated rapidly.

• January: Bitcoin began the year calmly with a slight increase from $42,580.5 to $42,272.5, a change of 0.73%. Despite minor fluctuations, the price remained generally stable with no significant movements.
• February: In February, Bitcoin’s price surged sharply from $42,580.5 to $61,169.3, a growth of 43.66%. This was a month of rapid growth, peaking around $63,915.3, clearly boosting market optimism.
• March: The upward trend continued in March, with the price rising further to $71,332.0, an increase of 16.61%, peaking at $73,740.9. Market confidence remained strong, and Bitcoin appeared to be on a steady climb.
• April: After significant gains, April saw a correction. The price fell from $71,332.0 to $60,666.6, a decline of 14.95%, partially giving back earlier profits.
• May: May brought recovery, with the price rising from $60,666.6 to $67,530.1, a growth of 11.31%. This rebound brought renewed momentum and optimism back to the market.
• June: In June, the price dipped again, from $67,530.1 to $62,754.3, a decline of 7.07%. The market grew more volatile, peaking at $71,956.5, but the overall trend remained slightly negative.
• July: July saw a modest price increase from $62,754.3 to $64,626.0, a rise of 2.98%. The market appeared to stabilize without major swings in either direction.
• August: August saw a decline, with the price dropping from $64,626.0 to $58,978.6, a decrease of 8.74%. This was one of the sharpest declines of the year, reflecting growing investor uncertainty.
• September: In September, Bitcoin rebounded slightly, rising from $58,978.6 to $63,339.2, an increase of 7.39%. The market seemed to find stability again after August’s turmoil.
• October: The upward trend continued in October (also known as Uptober), rising from $63,339.2 to $70,281.8, a growth of 10.96%. This marked one of the strongest months of the year, significantly boosting market confidence.

Bitcoin historical prices

The table below shows the historic Bitcoin prices over the past week.

How is the Bitcoin price established?

It’s the same case as stocks: it usually depends on supply and demand. Traders receive orders, and if there is more demand overwhelms supply, the price rises. On the contrary, if there is too much of that crypto on the market for too few buyers, the Bitcoin price goes down. This way, the Bitcoin price can vary at any time of the day.

The big difference is that Bitcoin does not publish quarterly results or news through its marketing department as company do. With crypto, it is usually the case that the news of the day can determine the current value. Although in the long run a lot of people agree that the digital currency is the currency of the future, it is still very volatile and unknown to the older generation of investors, which entails large fluctuations.

Suppose the price rises sharply, then everyone wants to respond to it out of the anxiety of missing out (the so-called FOMO, Fear of missing out), and if the price falls, it is just as much in the opposite direction. As more young people invest in crypto, even social media plays a role.

Therefore, the Bitcoin price is determined by supply and demand, but can also be strongly influenced by other things. For example, the price can be influenced by positive or negative news. Affected by, investors may buy or sell Bitcoin. Other influences can be important people who make a certain statement about the cryptocurrency. If the president of the United States says something bad about Bitcoin, there is a good chance that the price will drop.

Cryptocurrency scams or hacks can also carry a negative impact on the price. It could be that the criminals are dumping all the stolen cryptocurrency on the market, causing the trust of the community to go away. Furthermore, a Bitcoin halving takes place every four years. In practice, this event should lead to a price increase.

Bitcoin price prediction

We are not fortune tellers, but it is clear that given the large number of books on the subject that have been published in the past few last years and the growing number of press articles in the worldwide media, crypto is a bullish market. Which cryptocurrency will survive and which will not, however, is difficult to predict.

Again, a lot depends on the news of the day. At the time of writing, Democratic American presidential candidate Andrew Yang speaks very enthusiastically about crypto, what he calls the currency of the future. Not that we think he has much chance of getting the nomination, but it’s a sign that it’s becoming more and more mainstream.

Nobody can predict the future, so Bitcoin predictions are just predictions too. One thing that is certain is that the Bitcoin price will remain very volatile for the time being. That means the price can rise or fall quickly. The large price fluctuations make it very interesting for most investors and traders to invest in Bitcoin.

Compared to traditional stocks, there is more action and therefore more profit (note: also faster losses). We can’t tell you whether the price will certainly rise or fall in the future.

In the background, the developers are working hard on the technical and fundamental parts of Bitcoin. These include faster transactions, more transactions per second, and other solutions to make BTC better.

What do you need to take into account with the Bitcoin price?

As already stated, Bitcoin, like other cryptocurrency, is not really a defensive investment product, which means that the price can be very different from one day to the next. So, what to expect are large fluctuations, or high price volatility.

Important: never invest in more money than you are willing to lose. Although we are very positive about the future of Bitcoin and cryptocurrency (otherwise wouldn’t be writing these articles)), it is and remains a risky product. So please, invest wisely.

How to invest in Bitcoin?

There are several pages in our knowledge base that can show you how to make a smart choice.

For example, there is our page explaining how to buy Bitcoin safely, and we also review all known brokers and exchanges.

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