The Current State of Bitcoin: Price, Market Cap, and More

The Current State of Bitcoin: Price, Market Cap, and More

Bitcoin, the leading cryptocurrency, has been making headlines for its impressive performance and market dominance. Let's take a closer look at the current state of Bitcoin, including its price, market capitalization, and other key indicators.

Price

price

Market Cap

The market capitalization of Bitcoin is valued at $1,024,155,690,606.76. This metric represents the total value of all Bitcoins in circulation. Bitcoin currently holds a market dominance of 52.35%, indicating its significant share in the overall cryptocurrency market.

Supply and Circulation

Bitcoin has a maximum supply of 21,000,000 coins. Currently, there are 19,629,387 Bitcoins in circulation. Bitcoin's circulating supply represents the number of coins actively being traded in the market.

Price Change

Over the past 24 hours, the price of Bitcoin experienced a slight decrease of 0.36%. However, when we look at longer-term trends, Bitcoin has shown impressive growth. Over the past 30 days, Bitcoin's price has increased by 22.05%, while over the past 90 days, it has seen a growth of 43.21%.

Historical Performance

Bitcoin's all-time low price was $0.0486, recorded on July 14, 2010. Since then, it has come a long way, reaching an all-time high of $68,789.63 on November 10, 2021. This represents a staggering price increase of over 107,252,366.55%.

Volume and Turnover

Bitcoin's trading volume plays a crucial role in determining its liquidity and market activity. Yesterday's trading volume amounted to $38,564,360,532.50. The turnover, which measures the amount of Bitcoin traded relative to its market cap, is currently 0.0343.

Conclusion

Bitcoin's current state showcases its resilience and popularity in the cryptocurrency market. Its price and market capitalization demonstrate the growing confidence and adoption of Bitcoin as a digital asset. However, it's important to note that the cryptocurrency market is highly volatile, and investing in Bitcoin carries risks. For real-time updates and more detailed information about Bitcoin, you can refer to Mihansignal, a website that provides live data on various cryptocurrencies.

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