How much is one Bitcoin worth? Bitcoin price from 2009 to 2024 at a glance

As of March 8, 2024, one Bitcoin is worth approximately $31,527. Its price is affected by factors such as supply and demand, regulation, institutional adoption, economic conditions and technological advancements.

How much is one Bitcoin worth?

As of March 8, 2024, one Bitcoin is worth approximately 31,527 USD.

Bitcoin Historical Price at a Glance

Since its birth in 2009, the price of Bitcoin has experienced huge fluctuations. Here's a table outlining its key price points since 2009:

Year	Price (USD)
2009	0.0008
2011	1.00
2013	1,000
2017	20,000
2018	3,200
2020	20,000
2021	69,000
2022	16,500
2023	25,000
2024	31,527

Factors affecting Bitcoin price

Factors affecting Bitcoin price include:

• Supply and demand: Limited Bitcoin Supply and growing demand will affect its price.
• Regulation: Government regulation of cryptocurrencies can affect investor confidence.
• Institutional Adoption: The participation of institutional investors increases its legitimacy and increases the price.
• Economic Conditions: An economic recession can lead to increased demand for safe-haven assets, including Bitcoin.
• Technological Progress: The development of blockchain technology will increase the utility and value of Bitcoin.

Bitcoin (BTC) Price Movement Overview

Current Price: $64,191.80

Bitcoin is currently in the bearish zone at $64,191. It is down 2.52% in the past 24 hours, indicating worrying market sentiment.

Factors affecting price changes:

• Global economic uncertainty
• Cryptocurrency regulatory concerns
• Profit-taking by institutional investors

Future price trend analysis:

In the short term, Bitcoin The outlook for currency prices remains unclear. However, in the long term, the market is generally bullish due to its scarcity and growing adoption.

Recommendation:

• Investors should proceed with caution and wait for the market to stabilize.
• Traders should closely monitor market dynamics and adjust their strategies accordingly.

Short-term trend prediction:

Bitcoin is expected to remain at current levels or fall slightly in the coming weeks. However, the market is expected to recover once the uncertainty subsides.

Indicators:

• Current price: 64,191.80 USD
• 24 hour trading volume: 335.27 billion USD
• Circulation volume: 19,730,640 BTC
• Maximum supply: 21,000,000 BTC
• Total Supply: 19,730,640 BTC
• in circulation Market cap: $1.27 trillion

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