$BTC Bitcoin's current price is around $94,420.48-$95,060.56, with a market capitalization of approximately $1.87 trillion-$1.88 trillion. The cryptocurrency's dominance in the market is significant, with a 62.73% dominance over other digital assets.
*Key Statistics:*
- *Current Price*: $94,420.48-$95,060.56
- *Market Capitalization*: $1.87 trillion-$1.88 trillion
- *24-hour Trading Volume*: $17.78 billion-$72.80 billion
- *Circulating Supply*: 19.85 million-19.86 million BTC
- *Maximum Supply*: 21 million BTC
- *All-time High*: $108,786-$109,114.88 (January 20, 2025)
- *All-time Low*: $67.81-$0.04865 (July 6, 2013-July 14, 2010)
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*Price Movement:*
- *24-hour Change*: -0.12% to 0.3%
- *7-day Change*: 7.3%-7.8% increase
- *1-year Change*: 47.55%-51.7% increase
Bitcoin's price is influenced by various factors, including global economic uncertainty, institutional investor sentiment and technological advancements like the Lightning Network. The cryptocurrency's decentralized nature and limited supply contribute to its appeal as a store of value and hedge against inflation ⁵ ².