Bitcoin s trading volume has been declining since 2018 replaced by ethereum as the most moved asset. It has a circulating supply of 18 608 893 btc coins and a max.
But the trend appears to be that bitcoin is moving away from it s role as a currency.
Bitcoin currency now. It now has a market value of over 700 billion and as a result pushed the value of the entire. Since then more than 100 000 different websites now accept bitcoin as a mode of payment. Supply of 21 000 000 btc coins.
Bitcoin price today is 32 724 18 usd with a 24 hour trading volume of 49 412 032 565 usd. The survey comes as the cryptocurrency sheds off some of its gains from the beginning of 2021. The current order is us 4 9 trillion eur 1 7 trillion.
The usd eur cny and jpy are the only world currencies with a larger money supply than bitcoin. The day is now affectionately commemorated as bitcoin pizza day. Bitcoin currently occupies the position of fifth largest world currency reclaiming a position it lost in 2018.
After more than a decade of growth bitcoin now ranks among the ten largest world currencies. This is a significant insight for bitcoin traders however a lesser known insight is that bitcoin is now the 7th largest currency in the world. Bitcoin is up 0 89 in the last 24 hours.
The coindesk bitcoin calculator converts bitcoin into any world currency using the bitcoin price index including usd gbp eur cny jpy and more. Bitcoin news is the world s premier 24 7 news feed covering everything bitcoin related including world economy exchange rates and money politics. Bitcoin sank as low as 33 412 72 on wednesday after climbing to a record of nearly 42 000 earlier.
The price of bitcoin hit a record high of over 41 000 on friday according to coindesk. The current coinmarketcap ranking is 1 with a market cap of 608 960 777 247 usd.