Market Capitalization (USD) The total USD value of bitcoin in circulation. 30 Days 60 Days Days 1 Year 3 Years All Time Raw Values 7 Day Average 30 Day Average. The Bitcoin price is currently $ 23, with a hour trading volume of $ B across exchanges. The BTC price is up % in the last 24 hours. The Bitcoin price prediction sentiment is currently bullish. Bitcoin reached its highest price on December 17, , when it . Bitcoin (BTC) prices - Nasdaq offers cryptocurrency prices & market activity data for US and global markets.
Bitcoin total market valueBitcoin's Fair Market Value Guide
Expected value is literally the anticipated value attributed to an investment in the future--in this case, bitcoin--because they believe the underlying technology has the potential to be revolutionary. In addition, the fair value of bitcoin can be calculated using the principles of demand and supply of bitcoin available on the blockchain.
If there is a high demand that outpaces the number of new bitcoins that are mined, this pushes up the fair price for bitcoin. One expert also outlines three theories regarding how to derive the fair market value of bitcoin, based on:. The value of bitcoin is always changing, based on the demand for the cryptocurrency as well as the public perception of how much the coin itself is worth. Investing in cryptocurrency is one of the most volatile investments, meaning, any potential investors must do their due diligence.
However, for a chance to make a huge profit or simply be part of the fun , knowing how to appraise the coin's fair market value will be key.
Since each individual's situation is unique, a qualified professional should always be consulted before making any financial decisions. Investopedia makes no representations or warranties as to the accuracy or timeliness of the information contained herein. Your Money. Personal Finance. Your Practice. Popular Courses. Bitcoin Guide to Bitcoin. Cryptocurrency Bitcoin. The Rise of Bitcoin Bitcoin has become the leading, decentralized cryptocurrency of the past decade that has invigorated the potential applications of blockchain technology.
Compare Accounts. The offers that appear in this table are from partnerships from which Investopedia receives compensation. While bitcoin was created as an alternative to national currencies and thus aspires to be a medium of exchange and a store of value , Ethereum was intended as a platform to facilitate immutable, programmatic contracts, and applications via its own currency.
BTC and ETH are both digital currencies, but the primary purpose of ether is not to establish itself as an alternative monetary system, but rather to facilitate and monetize the operation of the Ethereum smart contract and decentralized application dapp platform. Ethereum is another use-case for a blockchain that supports the Bitcoin network, and theoretically should not really compete with Bitcoin. However, the popularity of ether has pushed it into competition with all cryptocurrencies, especially from the perspective of traders.
For most of its history since the mid launch, ether has been close behind bitcoin on rankings of the top cryptocurrencies by market cap. Your Money. Personal Finance. Your Practice. Popular Courses. Part Of. Bitcoin Basics. Bitcoin Mining. How to Store Bitcoin. Bitcoin Exchanges. Bitcoin Advantages and Disadvantages. Bitcoin vs.
Other Cryptocurrencies. Bitcoin Value and Price. Cryptocurrency Bitcoin. Key Takeaways Bitcoin signaled the emergence of a radically new form of digital money that operates outside the control of any government or corporation.
With time, people began to realize that one of the underlying innovations of bitcoin, the blockchain, could be utilized for other purposes. Ethereum proposed to utilize blockchain technology not only for maintaining a decentralized payment network but also for storing computer code which can be used to power tamper-proof decentralized financial contracts and applications.
Ether was intended to complement rather than compete with bitcoin, but it has nonetheless emerged as a competitor on cryptocurrency exchanges. Article Sources. Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts.
We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy. Compare Accounts. The offers that appear in this table are from partnerships from which Investopedia receives compensation.