Bitcoin’s price up 1.50% on yesterday

 (REUTERS)
(REUTERS)

As of 8:11am today, the price of Bitcoin (BTC) is £20,952, according to CoinMarketCap. That’s up 1.50% on yesterday’s figure of £20,639, and down 0.85% on one month ago.

The 24-hour trading volume is around £11.6 billion, and it has a market cap of about £406.6 billion.

The 52-week high of Bitcoin is £24,742, while the 52-week low is £13,195.

Bitcoin ROI

If you purchased a single Bitcoin at the 52-week low of £13,195 and sold it at today’s price of £20,952, you’d earn £7,757 for a positive return of 58.78%.

Alternatively, if you purchased a single Bitcoin at the 52-week high of £24,742 and sold it at today’s price, you’d have a negative return of 15.32%, or minus £3,790.

If you want to start investing in Bitcoin, you’ll need a crypto exchange to do so. Keep in mind you may owe taxes on any gains you realise. Past performance is not a predictor of future results. Purchasing Bitcoin is speculative and you may lose all of your investment.

Bitcoin Price Over Time

Bitcoin has moved up by 1.50% within the last 24 hours. Overall, BTC’s price today is above its 52-week low of £13,195.

Over the past week, Bitcoin has hit a high of £21,204 and a low of £19,587.

The cryptocurrency, overall, has moved down during the past three months. Over the past 90 days, it has fallen to its current price of £20,952.

How Many Bitcoins (BTC) Are There?

As of now, a total of 19,407,156 Bitcoins have been mined. Several million Bitcoins are thought to be inaccessible, due to holders having lost network keys or wallet passwords. There is a total maximum limit of 21 million Bitcoins that can ever be created. Given the total number of mined coins and the maximum limit, only 1,592,844 Bitcoins are left to be produced.

Analysts project that the last Bitcoin will be mined sometime around 2140. No new Bitcoins will enter circulation after this point.

About Bitcoin

As the first cryptocurrency, Bitcoin is the best known of the more than 5,000 cryptocurrencies on the market today. But the ins and outs of this cryptocurrency can be difficult to understand. Here’s a look at how Bitcoin works.