0-0.001 BTC

0.001-0.01 BTC

0.01-0.1 BTC

0.1-1 BTC

>1 BTC

Addresses by Holdings

Total active

Zero balance

Daily Active Addresses

Price

Number of Transactions

Transactions

Total Volume

Volume

Bitcoin

Bitcoin is a new electronic payment system that removes the need for third party financial institutions. It speeds up transactions while reducing costs and minimizing the potential for fraud. The name “cryptocurrency” points to how it uses “cryptographic proof” to work, AKA a blockchain.

Bitcoin’s concept was first introduced in 2008 when a person going by the pseudonym Satoshi Nakamoto shared a white paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System.” In January 2009, the Bitcoin blockchain was launched. 

A new electronic payment system called Bitcoin removes the need for third-party financial institutions. It speeds up transactions while reducing costs and fraud-risk. The name “cryptocurrency” points to how it uses “cryptographic proof” to work, AKA a blockchain.   

Bitcoin has a finite supply of 21 million, which is expected to be reached by the year 2140. Currently, 18.8 million are circulating in the market. Note that Bitcoin represents the concept of the network, while bitcoin (lower-case ‘b’) represents the currency.

Bitcoin is one of the most well-known cryptos as it was the first decentralized currency. 

Currently, BTC’s dominance is above 40%. Bitcoin Dominance is a measure of how much of the total market cap of crypto is made up of Bitcoin. Bitcoin’s influence in the crypto ecosystem could be vulnerable to competition as alternative coins grow in popularity and utility.

Whale crypto trader Eugene Ng Ah Sio outlined his approach on trading cryptocurrencies in times of global uncertainty, hinting at a contrarian strategy. What Happened: The trader said on X (formerly Twitter) he is selling when everyone is aggressively buying altcoins and starting to buy when people begin to lose faith that the market dip was just leveraged longs being flushed out.

How To Trade Bitcoin During Geopolitical Tensions? Here's One Whale Trader's Approach

In its Oct. 2 market analysis, QCP Capital highlights the effect of escalating Middle Eastern conflicts on traditional financial (tradefi) assets and the cryptocurrency market. According to QCP's researchers, the market response has been muted in tradefi, but risk assets and digital currencies like bitcoin (BTC) faced more substantial losses.

QCP Capital: Middle East Tensions Hit Bitcoin Harder Than Traditional Markets

Charles Edwards, founder of Capriole Investments, sees a bullish outlook for Bitcoin (CRYPTO: BTC) driven by improving macro conditions and the impact of spot ETFs. What Happened: In an interview on the Blockworks Macro podcast, Edwards highlighted that the market is at "the exact opposite point" of November 2021, when the Fed began aggressive rate hikes.

Bitcoin 'Tends To Lag Gold By A Few Months' And Is Destined For Upside, Says Expert

I have been intrigued by the significant increase in global liquidity during 2024, driven by extensive money printing and debt expansion, and how it impacts Bitcoin's price.

Vivek: Unsurprisingly, The Bitcoin Price Follows Global Liquidity

Bitcoin is entering a period of traditionally positive performance, according to the latest analysis from Cryptoquant and its researchers. However, for bitcoin to reach new highs, increasing demand will be crucial as current levels remain stagnant.

Bitcoin Enters Positive Seasonal Trend, Demand Key to Further Growth: Cryptoquant

Geopolitical tensions triggered consecutive daily declines of almost 4% in bitcoin's price.

Short-Term Holders Send $3B in Bitcoin to Exchanges at a Loss as Mideast Tensions Rise

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 2, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

First Mover Americas: Bitcoin Returns to $61K After Tuesday's Dump

Economist and macro trader Alex Krüger voiced caution about the sudden market optimism, coined as "Uptober", highlighting the looming uncertainty of the U.S. election year and its potential impact on market volatility. What Happened: Krüger highlighted the unexpected bullishness following the last FOMC meeting but emphasized that it was two weeks ago, and the situation has since evolved.

Why Bitcoin's 'Uptober' Won't Be A Smooth Ride: It's The Election, Silly

"Minor corrections are in the offing in the market. Altcoins, particularly ETH will show growth," one analyst said in a note.

Bitcoin Liquidations Top $500 Million After Sharp Market Correction

As Democrats seek a "crypto reset," support for a strategic Bitcoin reserve gains momentum with a key endorsement from Representative Ro Khanna.

Bipartisan Support Builds For Strategic Bitcoin Reserve

A popular on-chain analyst says Bitcoin (BTC) is no longer looking bearish based on several key indicators. Pseudonymous on-chain sleuth Checkmate tells his 98,300 followers on the social media platform X that Bitcoin's Active-Value-to-Investor-Value (AVIV) ratio has moved from a downtrend signal to a neutral one.

Bitcoin ‘No Longer Bearish' As Several Indicators Turn Green, Says On-Chain Analyst

The outflows snapped an eight-day winning streak as BTC lost as much as 6% amid an acute heightening of tensions in the Middle East.

Bitcoin ETFs Bleed $242.6M, Biggest Outflow Since Sept. 3

The thesis that Bitcoin (CRYPTO: BTC) would keep investors' wealth secured during geopolitical risks was negated after the leading cryptocurrency plunged along with stocks over fears of a full-fledged war in the Middle East. What happened: The world's largest cryptocurrency slipped below $62,000, down about 3.52%, as news of Iran launching a missile barrage toward Israel spooked markets.

Bitcoin's Safe Haven Narrative Comes Under Pressure Amid Iran-Israel War Fears, Investors Prefer Gold During Crisis

In a recent interview, Michael Novogratz, CEO of Galaxy, predicted a significant boost for Bitcoin (CRYPTO: BTC) with the advent of options trading on ETFs. This forecast comes amidst ongoing discussions about the Federal Reserve's interest rate decisions and their potential impact on Bitcoin prices.

Bitcoin's 'Next Big Jolt' To Be From ETF Options, Says Galaxy CEO Michael Novogratz: '

U.S. spot bitcoin ETFs recorded $242.53 million in net outflows on Tuesday, with Fidelity's FBTC leading the outflows.

Spot bitcoin ETFs record largest outflows since early September

The cryptocurrency market faced a sudden downturn Tuesday morning, with Bitcoin (BTC) dropping to as low as $60,371.

Bitcoin Plummets to $60K Amidst Geopolitical Tensions in the Middle East

Crypto market capitalization dropped 5% on average as Middle East tensions flared up late Monday, denting growth in risk assets.

Bitcoin Plunge Causes $450M in Bullish Crypto Bets Liquidated

Global equities and risk assets such as bitcoin took a hit Tuesday as Iran launched missiles on key Israeli locations, with the latter threatening retaliation in the coming days.

Bitcoin Regains $61K in Worst Start to Most Bullish Month as Israel-Iran Tensions Rage On

Even as investors attempt to discern the economic impact of flaring tensions in the Middle East, four major tailwinds for Bitcoin stand out.

Bitcoin to Benefit from Several Tailwinds as Global Stimulus, U.S. Election, and FTX Payouts Loom

The question still comes up – is crypto too complex for the ‘average user' to understand? The answer seems straightforward. Bitcoin quickly became a cultural phenomenon – appearing in rap songs and movies – and then was adopted by national governments and major corporations. It is safe to say that the people get it.

What Is the Best Way To Secure My Bitcoin

Dogecoin

Ethereum

Leading cryptocurrencies plummeted Tuesday as Iran's missile barrage toward Israel sparked fears of a full-blown regional war in the Middle East.

Bitcoin, Ethereum, Dogecoin Crack On Israel-Iran War Fears: Legendary Trader Flags Significance Of King Crypto's Close Above $71K

Cleanspark CEO Zach Bradford predicts a dramatic rise in bitcoin's value, forecasting a peak near $200,000 within the next 18 months. His outlook suggests rapid growth followed by stability, driven by bitcoin's current price behavior and broader market dynamics. He also links the U.S.

Cleanspark CEO Predicts Bitcoin $200K Peak Within 18 Months

Bitcoin prices plunged today, dropping to nearly $60,000 after global investors responded to the latest developments signaling rising tensions in the Middle East.

Bitcoin Falls To Almost $60,000 As Middle Eastern Concerns Roil Markets

Bitcoin tumbles back to the $60,000 level as tensions in the Middle East heighten

On Tuesday, major U.S. stock indices, including the Nasdaq Composite, Dow Jones Industrial Average, Russell 2000, and S&P 500, all closed in negative territory, driven by growing concerns over potential conflict escalation in the Middle East. According to the U.S. State Department, Iran launched nearly 200 ballistic missiles toward Israel.

News for Bitcoin Crypto (BTC)