Latest Bitcoin price commentary
Bitcoin (BTC) price has dropped significantly, about 3% in the last 24 hours. Over the last week, Bitcoin has been losing a lot of value, close to 20%, while over the past month this averages out at closer to 16%. Volume is still around $5 billion.
Current live Bitcoin pricing information and interactive charts are available on our site 24 hours a day. The ticker bar at the top of every page on our site has the latest Bitcoin price. Pricing is also available in a range of different currency equivalents:
US Dollar – BTCtoUSD
British Pound Sterling – BTCtoGBP
Japanese Yen – BTCtoJPY
Euro – BTCtoEUR
Australian Dollar – BTCtoAUD
Russian Rouble – BTCtoRUB
In August 2008, the domain name bitcoin.org was registered. On 31st October 2008, a paper was published called “Bitcoin: A Peer-to-Peer Electronic Cash System”. This was authored by Satoshi Nakamoto, the inventor of Bitcoin. To date, no one knows who this person, or people, are.
The paper outlined a method of using a P2P network for electronic transactions without “relying on trust”. On 3rd January 2009, the Bitcoin network came into existence. Nakamoto mined block number “0” (or the “genesis block”) which had a reward of 50 Bitcoins.
Bitcoin is the first, the leading and the biggest cryptocurrency in the world. Bitcoin is one of the largest cryptocurrencies and is one of The Top 10 Cryptocurrencies by market capitalisation. It’s so significant that if we look at the market capitalisation of the Top 10 cryptocurrencies (as of 3rd September 2018), almost 63% of the £201bn total value is made up of Bitcoin.
More Bitcoin news & information
If you want to find out more information about Bitcoin or cryptocurrencies in general, then use the search box at the top of this page. Here’s an article to get you started:
As with any investment, it pays to do some homework before you part with your money. The prices of cryptocurrencies are volatile and go up and down quickly. This page is not recommending a particular currency or whether you should invest or not.