As of June 12, 2025, at 07:22:33 , the price of Bitcoin fluctuates. Here’s a summary:
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Current Price
The price of 1 Bitcoin (BTC) is around $108,497.44 to $109,844.19.
Recent Changes
Bitcoin’s price has decreased recently. One source indicates a decrease of -1.45% in the last 24 hours.
Market Data
- Market Cap: $2,160,871,696,040
- 24h Trading Volume: $37.17B to $51.33B
Price Range
Over the past year, Bitcoin has seen significant price volatility. Its lowest price was around $53,634.61 per BTC. It’s important to note that cryptocurrency prices are highly dynamic and subject to rapid change.
Factors Influencing Bitcoin Price
Several factors contribute to Bitcoin’s price fluctuations:
- Market Demand: Increased demand drives prices up, while decreased demand leads to price drops.
- News and Events: Major news events, regulatory announcements, and technological advancements can significantly impact investor sentiment and trading activity.
- Adoption Rate: The wider the adoption of Bitcoin by businesses and individuals, the greater its perceived value.
- Supply and Demand Dynamics: Bitcoin has a limited supply of 21 million coins, which can create scarcity and potentially drive up prices as demand increases.
- Macroeconomic Factors: Broader economic trends, such as inflation rates and interest rates, can influence investor behavior and impact Bitcoin’s price.
Where to Buy Bitcoin
Bitcoin can be purchased on various cryptocurrency exchanges and platforms, including:
- Robinhood
- Coinbase
- Binance
- Kraken
- Other cryptocurrency exchanges
Investing in Bitcoin and other cryptocurrencies carries significant risk. Prices can fluctuate wildly and you could lose a substantial portion of your investment. It is essential to conduct thorough research, understand the risks involved, and consult with a financial advisor before making any investment decisions.
