How much is Bitcoin worth today?
Bitcoin (BTC) is traded 24 hours a day, seven days a week. It is a market that never sleeps and the BTC price is constantly changing. It doesn’t matter what currency or commodity is used to measure how much a bitcoin is worth – BTC is always live and the market is always open.
It wasn’t always like this – in the beginning, until around 2010, there were no exchanges or even reliable price information, and BTC/USD traded at tiny prices – at one point even less than a single US dollar cent. Since those days, however, the Bitcoin price has risen by millions of percent.
As of December 2022, one bitcoin is worth (BTC). It is also easy to compare different prices across the crypto market – there is no need to rely on a single source and the market is always working to find consensus. Want to know how much Bitcoin costs right now? Cointelegraph offers reliable real-time information on the current price of Bitcoin in dollars and other currencies.
There are also live price charts for a wide range of altcoins, including Ether (ETH), Dogecoin (DOGE) and Binance Coin (BNB). Check out Cointelegraph’s crypto price indices to get started on the current price of Bitcoin.
How much is 1 Bitcoin worth? How much is 5 Bitcoin worth?
Bitcoin has a fixed supply of 21 million, and its scarcity is one of the biggest cryptocurrency’s unique features. However, BTC newbies and those unfamiliar with crypto often face difficulties in understanding how the Bitcoin supply works.
There can be a maximum of 21 million “whole” coins, but these can be divided by up to eight decimal places. This is another key feature that makes Bitcoin so versatile – even if BTC/USD trades for $1 million, its smallest unit of account, the satoshi (commonly called sat), will still be worth just 1 cent.
Bitcoin for payments is not yet widespread, and current BTC prices mean that 1 satoshi has a ways to go before trading at a full cent. Nevertheless, for investors, the tool is already there – anyone with at least one satoshi’s currency can buy Bitcoin.
Nevertheless, among ordinary consumers, the myth still persists that it is only possible to buy a whole bitcoin – when in fact anyone can buy a hundred millionth of a bitcoin.
Do you want to know how much 1 bitcoin is worth over 100 million bet? Cointelegraph has dedicated price indices covering BTC as well as a wide range of altcoins such as Ether and Binance Coin. Cointelegraph’s price indices are updated in real-time for a number of major exchanges and are the ideal tool to familiarize yourself with live crypto price information.
How much is a Bitcoin in dollars?
Bitcoin is most often quoted in US dollars (USD) on BTC price indices – but that’s not the whole story. The BTC/USD pair refers to the price of Bitcoin in dollars, and is continuously updated in real time even when traditional markets are closed.
Beyond the USD, however, there are other indices that refer to the dollar price of Bitcoin, but use other cryptocurrencies instead. These are known as US dollar “stablecoins” and are a key component of the crypto economy.
The most used stablecoin is Tether (USDT), active on several blockchains, but always linked to a rate of 1:1 with USD. 1 USDT = 1 USD. Thus, a BTC/USD ticker shows very similar price information to a BTC/USD ticker, mostly subject to only minute differences. There are also other USD stablecoins, and tickers such as BTC/USDC and BTC/BUSD can also help understand the dollar price of Bitcoin.
However, Bitcoin stablecoin pairs are not identical to BTC/USD – stablecoins have their own issuance rules and peculiarities, which are separate from fiat currencies. Sometimes their dollar stick can break, for example, and this creates temporarily inaccurate price information for Bitcoin in dollars.
For the latest live BTC/USD price information, check out the Cointelegraph price indices, updated in real time 24/7 for the world’s largest crypto exchanges.
This article does not contain investment advice or recommendations. All investment and trading moves involve risk and readers should conduct their own research when making a decision.