Bitcoin cryptocurrency price

CoinMarketCap. "Bitcoin Price Historical Data" Bitcoin price trend The biggest price leap for bitcoin was in 2021 when the price of BTC peaked at an all-time high of nearly $70,000 in November. The war in Ukraine and the global economic woes have taken their toll on the flagship crypto throughout 2022 as interpreted from recent BTC News. The bitcoin (BTC) price is currently (at the time of writing) hovering around $23,861. Follow crypto.news for more information on the latest Bitcoin market updates.

We fitted two curves. One that is the best fit for all of Bitcoin highs (red) and one that includes only the lows (blue). The rest we just interpolated. The result is this beautiful rainbow that will hopefully have a brighter future than the old one. As you can see, even in the new model we are in the lowest “Fire Sale” band, so fingers crossed! Site Information Navigation The process of halving in Bitcoin affects the number of Bitcoin tokens found in a newly created block. In 2008, every freshly mined Bitcoin block contained 50 BTC. In the Bitcoin white paper, Satoshi devised a formula by which the number of BTC tokens, present in a mined block, halves approximately every four years. Since 2008, we’ve seen three halving events (November 28, 2012; July 9, 2016; and May 11, 2020). Currently, a block only contains 6.25 BTC. After the next halving occurs, each block will have only 3.125 BTC.