$BTC
Bitcoin's current price is around $79,752.39, with a 2.76% increase over the past day. Its market capitalization stands at approximately $1.65 trillion, solidifying its position as the leading cryptocurrency ¹.
*Key Statistics:*
- *Current Price*: $79,752.39
- *Market Capitalization*: $1.65 trillion
- *24-hour Trading Volume*: $42.99 billion (varies across sources)
- *Circulating Supply*: 19.84 million BTC
- *Maximum Supply*: 21 million BTC
*Recent Price Movements:*
- Bitcoin's price has fluctuated between $74,604.00 and $81,902.00 recently.
- It dropped below $80,000 after a global tariff announcement.
- The cryptocurrency has seen significant growth, with its price soaring above $99,800 in November 2024 ² ³.
*Factors Influencing Bitcoin's Price:*
- *Global Economic Uncertainty*: Reinforces Bitcoin's appeal as a hedge against economic volatility.
- *Institutional Investors*: View Bitcoin as a strategic asset for portfolio diversification.
- *Technological Advancements*: Bitcoin's Lightning Network enhances its utility and applications .
