$BTC The live Bitcoin price today is $82,814.67 USD with a 24-hour trading volume of $34,119,846,729 USD. Bitcoin is down 0.95% in the last 24 hours. The current CoinMarketCap ranking is #1, with a live market cap of $1,643,560,683,196 USD. It has a circulating supply of 19,846,250 BTC coins and a max. supply of 21,000,000 BTC coins.

Bitcoin’s total supply is limited by its software and will never exceed 21,000,000 coins. New coins are created during the process known as “mining”: as transactions are relayed across the network, they get picked up by miners and packaged into blocks, which are in turn protected by complex cryptographic calculations.

As compensation for spending their computational resources, the miners receive rewards for every block that they successfully add to the blockchain. At the moment of Bitcoin’s launch, the reward was 50 bitcoins per block: this number gets halved with every 210,000 new blocks mined — which takes the network roughly four years. As of 2020, the block reward has been halved three times and comprises 6.25 bitcoins.