Bitcoin (BTC) fell 0.63% compared to yesterday
At 9:11 a.m. today, the price of Bitcoin (BTC) is £17,531, according to CoinMarketCap. That’s down 0.63% from yesterday’s figure of £17,641, 1.30% from last week and 9.14% from a month ago.
Its 24-hour trading volume is around £16.4 billion and it has a market capitalization of around £336.2 billion.
The 52-week high of Bitcoin is £50,843, while the 52-week low is £14,485.
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Bitcoin ROI
If you bought a single Bitcoin at the 52-week low of £14,485 and sold it at today’s price of £17,531, you would make £3,046 for a positive return of 21.03%.
Alternatively, if you bought a single Bitcoin at the 52-week high of £50,843 and sold it at today’s price, you would have lost 65.52%, equivalent to minus £33,313.
If you want to start investing in Bitcoin, you need one crypto exchange to do so. Remember that you may owe tax on gains you make. Past performance is not a predictor of future performance. Buying Bitcoin is speculative and you may lose your entire investment.
Bitcoin price over time
Bitcoin has fallen by 0.63% in the last 24 hours. Overall, BTC’s price today is above the 52-week low of £14,485.
Over the past week, Bitcoin has reached a high of £17,969 and a low of £17,408.
Overall, the cryptocurrency has declined over the past three months. In the last 90 days it has fallen to the current price of £17,531.
How many Bitcoins (BTC) are there?
As of now, a total of 19,174,856 Bitcoins have been mined. Several million Bitcoins are believed to be inaccessible due to holders losing network keys or wallet passwords. There is a total maximum limit of 21 million Bitcoins that can ever be created. Given the total number of coins mined and the maximum limit, only 1,825,144 Bitcoins remain to be produced.
Analysts estimate that the last Bitcoin will be mined sometime around 2140. No new Bitcoins will enter circulation after this point.
About Bitcoin
As the first cryptocurrency, Bitcoin is the most well-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.
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Crypto assets are highly volatile and unregulated in the UK. No consumer protection. Tax on profits may apply.