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Tuesday, May 28, 2024

Bitcoin’s price down 4.25%

Bitcoin’s price down 4.25%

The Bitcoin (BTC) price today, as of 9:11am, is £13,306, according to CoinMarketCap. That’s down 2.10% on yesterday’s figure of £13,586, 9.10% on last week and 17.95% on one month ago.

The 24-hour trading volume is around £28.1 billion, and it has a market cap of about £255.7 billion.

The 52-week high of Bitcoin is £44,566, 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 £13,306, you’d earn £111 for a positive return of 0.84%.

Alternatively, if you purchased a single Bitcoin at the 52-week high of £44,566 and sold it at today’s price, you’d have lost 70.14%, equivalent to minus £31,260.

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 fallen by 2.10% 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 £14,324 and a low of £13,195.

The cryptocurrency, overall, has moved down during the past three months. Over the past 90 days, it has fallen to its current price of £13,306.


How Many Bitcoins (BTC) Are There?


As of now, a total of 19,214,012 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 1,785,988 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.

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