Bitcoin Price

There is no single issuer price. Buy and sell orders match on trading venues and form prints; liquidity, quote currency and trading hours differ across venues, so quotes at the same moment can differ too. A reference price is useful for tracking the market, but it is not a price you can necessarily fill at.

The protocol constrains issuance. The block subsidy halves on a fixed schedule, so new issuance approaches zero and the total approaches 21 million. Market cap uses circulating supply; fully diluted value uses maximum supply. They answer different questions.

A halving changes the subsidy paid for new blocks, not anyone’s balance. Every 210,000 blocks the protocol cuts it, which reduces new supply. Price still depends on demand, liquidity and expectations, so an issuance rule is not a price forecast.

No. Bitcoin is divisible: 1 BTC equals 100,000,000 satoshis. The converter accepts fractional amounts such as 0.01 BTC. Minimum order sizes and fees are set by each venue and need to be checked there.

Miners compete to produce a block meeting a difficulty target, and nodes independently verify the block and its transactions. Each block references the previous one, so rewriting history means redoing the work. Proof of work protects the transaction record; it says nothing about price stability.

No. Bitcoin uses proof of work, not proof of stake, so holding BTC earns no protocol reward. Third-party lending or yield products denominated in BTC have their own mechanics and counterparty risk, which is not the same as a return from the network.

The network runs continuously and has no market-wide open or close. Individual venues can still pause services for maintenance. The 24-hour change on this page uses a rolling window, so it is not a calendar-day close-to-close change at any one exchange.

Market cap is the reference price times circulating supply, an estimate of size. The 24-hour volume totals traded value over a window and reflects activity. Volume divided by market cap helps gauge how actively an asset changes hands, but it is not the amount you could sell into immediately.

Losing keys can make specific BTC unspendable, but the unspent records stay on-chain. Long-term holding and permanent loss are hard to tell apart, which is why circulating supply is not the same as coins available for sale.

Fees are set by users competing for limited block space. When more transactions wait to be confirmed, a higher fee can make a transaction more attractive to miners.