Bitcoin
Price
Today

Bitcoin (BTC) is trading at $78,838 today, September 8, 2026, a -0.19% change over the past 24 hours. The 24-hour high is $79,432 and the 24-hour low is $77,666. CoinCoverage updates the Bitcoin price every 60 seconds using live data from CoinGecko.

Bitcoin's all-time high (ATH) is $126,080, set on Oct 6, 2025. This peak followed the 2024 Bitcoin halving and a surge of institutional demand driven by the approval of spot Bitcoin ETFs in the United States. Before that, Bitcoin's previous ATH was $73,750, set in March 2024. The original 2021 ATH was $68,789 (November 2021).

Bitcoin's lowest recorded price was approximately $0.001 in October 2009, when the first informal Bitcoin transaction was recorded. The lowest price on major exchanges was around $65 during the 2013 crash. Bitcoin's most dramatic percentage crash was the COVID-19 sell-off in March 2020 when BTC fell from ~$8,000 to approximately $4,000 in a single day — the lowest since mid-2019.

Bitcoin's price is determined by supply and demand on global cryptocurrency exchanges. Key factors include: (1) Bitcoin's fixed supply cap of 21 million coins and the halving cycle that reduces new supply every four years; (2) institutional and retail demand, including spot ETF inflows; (3) macroeconomic conditions — inflation, interest rates, and risk appetite; (4) regulatory news from governments worldwide; (5) market sentiment and media coverage; and (6) on-chain metrics like miner activity, exchange flows, and wallet accumulation patterns.

Bitcoin trades 24/7/365 across hundreds of global exchanges with no market close, no circuit breakers, and relatively thin liquidity compared to traditional assets. This means large buy or sell orders can move the price significantly. Additionally, Bitcoin's market is heavily influenced by leverage (derivatives and margin trading), sentiment shifts driven by social media and news, and algorithmic trading bots that amplify momentum in both directions. The result is higher volatility than traditional asset classes — Bitcoin regularly moves 5–10% in a single day.

Several analysts and models suggest Bitcoin could reach $1 million per coin. The Stock-to-Flow model by PlanB projects this within a decade based on Bitcoin's scarcity. Cathie Wood of ARK Invest has projected $1 million+ BTC by 2030. BlackRock and Fidelity have cited Bitcoin's fixed supply as a long-term case for significant price appreciation. However, these are speculative forecasts — no price prediction is guaranteed, and Bitcoin has historically experienced 70–80% drawdowns between bull runs. Always treat price targets as opinion, not financial advice.

CoinCoverage updates the Bitcoin price every 60 seconds using live data fetched from CoinGecko's API. The page is server-rendered and revalidated on Next.js's incremental static regeneration (ISR) system, meaning the data displayed is always within 60 seconds of the latest market price. CoinGecko aggregates price data from over 600 exchanges globally.

To convert Bitcoin's current USD price ($78,838) to other currencies, use the live exchange rate: multiply by the EUR/USD or GBP/USD rate. As of mid-2026, with EUR/USD approximately 1.08 and GBP/USD approximately 1.27, Bitcoin trades at roughly €72,998 EUR and £62,077 GBP. Use CoinCoverage's Crypto Calculator for real-time multi-currency conversions.

Bitcoin's current market cap is $1.58T, making it the #1 cryptocurrency by market capitalization. Bitcoin's market cap is calculated by multiplying the current price ($78,838) by the circulating supply of approximately 20.08M BTC. Bitcoin's dominance — its share of the total cryptocurrency market cap — is currently 58.3%.

Bitcoin is often called "digital gold" due to its fixed supply and store-of-value properties. Gold has a total market cap of approximately $17.5 trillion, while Bitcoin's market cap is $1.58T — making Bitcoin roughly 9.0% the size of gold's market. Over the past decade, Bitcoin has dramatically outperformed gold on a percentage return basis, though with far greater volatility. If Bitcoin ever fully matched gold's market cap, one BTC would be worth approximately $882,000.

2022 was Bitcoin's worst year since 2018. BTC started the year at ~$47,000 and fell to a low of ~$15,742 by November 2022 — a drawdown of approximately 77%. Key events driving the collapse: the Terra/LUNA ecosystem implosion in May 2022 (erasing ~$40B in market value overnight), the subsequent insolvency of lender Celsius Network and hedge fund Three Arrows Capital, and the catastrophic collapse of FTX exchange in November 2022. FTX's founder Sam Bankman-Fried was arrested and later convicted of fraud. Bitcoin recovered from the FTX low, rising over 400% to its new ATH by January 2025.

Bitcoin has been the best-performing asset class of the past decade on an absolute return basis. However, it is also among the most volatile — experiencing multiple 70–80% drawdowns. Whether Bitcoin is a 'good investment' depends entirely on your time horizon, risk tolerance, and financial situation. Many financial advisors suggest limiting crypto exposure to 1–5% of a portfolio. Bitcoin is classified as a high-risk speculative asset by most regulators. CoinCoverage does not provide financial advice — always consult a qualified financial advisor before investing.