Bitcoin price usd today

As of June 14, 2025, at 09:51 AM PKT, the price of Bitcoin (BTC) in USD varies slightly across sources but is approximately $104,000 to $105,400, based on real-time data from major cryptocurrency exchanges and trackers. Here’s a detailed breakdown and explanation of the current Bitcoin price, market trends, and factors influencing it:

Current Bitcoin Price (USD)

  • Coinbase: $103,723.17 (down 4.69% in the last 24 hours)
  • CoinMarketCap: $105,391.60 (up 1.10% in the last 24 hours)
  • Yahoo Finance: $104,414.76 (down 3.04% in the last 24 hours)
  • CoinGecko: $104,550 (down 2.49% in the last 24 hours)
  • MEXC: $104,496.48 (down 2.35% in the last 24 hours)
  • X Post (@Bitcoin): $106,442.75 as of June 12, 2025, 9:41 PM UTC

The slight variations are due to differences in exchange-specific pricing, trading volumes, and the timing of updates. The average price hovers around $104,500 USD, reflecting a recent dip from its all-time high of approximately $111,888 on May 22, 2025.

Recent Price Trends

  • 24-Hour Performance: Bitcoin has experienced volatility, with most sources reporting a decline of 2-4% in the last 24 hours. For example, Coinbase noted a 4.69% drop, while CoinMarketCap reported a 1.10% increase, indicating mixed short-term movements.
  • Weekly Performance: Over the past week, Bitcoin’s price has risen by approximately 1.18% to 1.42%.
  • Monthly Performance: The price increased by about 3.09% over the last 30 days.
  • Yearly Performance: Bitcoin has surged by 53.21% to 56.9% compared to last year, when it was around $66,000 lower.
  • All-Time High and Low: The all-time high was $111,888 on May 22, 2025, and the all-time low was $0.04865 on July 10, 2010.

Market Statistics

  • Market Capitalization: Approximately $2.08 trillion to $2.14 trillion, making Bitcoin the largest cryptocurrency by market cap, accounting for about 60.34% of the total crypto market.
  • 24-Hour Trading Volume: Ranges from $31.44 billion to $71.59 billion, indicating high market activity.
  • Circulating Supply: 19.88 million BTC out of a maximum supply of 21 million. The remaining 1.2 million coins are yet to be mined, with the final Bitcoin expected to be mined around 2140 due to halving events.

Factors Influencing Bitcoin’s Price

  1. Supply and Demand:
  • Bitcoin’s fixed supply of 21 million coins creates scarcity, driving value as demand grows. The recent halving on April 20, 2024, reduced the mining reward to 6.25 BTC per block, further slowing new coin issuance and potentially boosting price.
  • Institutional adoption, such as BlackRock accumulating 3% of Bitcoin’s supply and companies like MicroStrategy adding Bitcoin to their treasuries, increases demand.
  1. Market Sentiment:
  • Positive developments, like the approval of spot Bitcoin ETFs in 2024, have fueled price surges by attracting institutional investors.
  • Negative sentiment, such as geopolitical tensions in the Middle East or regulatory uncertainties, has led to recent price dips. For instance, Bitcoin fell to $101,095 amid market volatility linked to U.S. political events and Tesla stock fluctuations.
  1. Regulatory Developments:
  • U.S. policies, including discussions around stablecoins and digital asset legislation, impact Bitcoin’s price. U.S. Treasury Secretary Scott Bessent’s comments on stablecoins reaching a $2 trillion market cap suggest growing governmental interest, which could indirectly affect Bitcoin.
  • Concerns about centralization and political influence, such as President Trump’s crypto ties, have raised debates about Bitcoin’s founding ideals.
  1. Volatility and Speculation:
  • Bitcoin’s price is highly volatile due to its 24/7 trading nature and speculative trading. Technical analysis suggests a bearish short-term trend, with some analysts predicting a correction to $91,350 or a potential rally to $120,000 in 2025.
  • Events like the reported $1.4 billion Bybit hack in February 2025 highlight security risks that can trigger sell-offs.
  1. Macro Factors:
  • Bitcoin is increasingly seen as a hedge against inflation and U.S. dollar debasement, especially with warnings about the $37 trillion U.S. debt pile.
  • Competition from altcoins like Ethereum and stablecoins may divert investment, impacting Bitcoin’s dominance.

How Bitcoin Works

  • Blockchain Technology: Bitcoin operates on a decentralized blockchain, a public ledger maintained by nodes (computers) worldwide. Transactions are verified through a Proof-of-Work (PoW) consensus mechanism, where miners solve complex mathematical puzzles to add blocks to the chain, earning 6.25 BTC per block.
  • Mining: Miners use specialized hardware to validate transactions, securing the network. Mining difficulty and energy costs affect profitability, with a single block reward currently worth around $650,000 at today’s prices.
  • Decentralization: Unlike fiat currencies, Bitcoin has no central authority, making it resistant to censorship and government control.
  • Security: Bitcoin uses the SHA-256 algorithm for transaction verification and wallet security. Features like Taproot and the Lightning Network enhance scalability and privacy.

Recent News and Developments

  • Institutional Adoption: Companies like GameStop ($513 million in Bitcoin purchases) and Tether’s aim to become the largest Bitcoin miner by 2026 signal growing corporate interest.
  • Geopolitical Impact: Middle East tensions have contributed to recent price declines, with Bitcoin dropping below $108,000.
  • Market Speculation: Analysts predict a potential 64% rally if historical patterns repeat, but short-term bearish signals suggest caution.
  • Security Concerns: High-profile hacks, like the $1.4 billion Bybit incident, underscore the need for secure wallets (e.g., Ledger, Trezor) with two-factor authentication.

How to Buy and Store Bitcoin

  • Exchanges: Bitcoin can be purchased on platforms like Coinbase, Binance, Kraken, KuCoin, and MEXC. Always use reputable exchanges and enable two-factor authentication.
  • Wallets: Hardware wallets like Ledger or Trezor are recommended for secure storage, as they keep private keys offline.
  • Risks: Bitcoin’s volatility and fraud risks require thorough research. Avoid “too good to be true” investment schemes.

Price Outlook

  • Bullish Case: Continued institutional adoption, Bitcoin ETF inflows, and halving-driven scarcity could push prices toward $120,000 in 2025, as some traders predict.
  • Bearish Case: Technical indicators suggest a possible correction to $91,350 or lower, especially if geopolitical or regulatory pressures intensify.
  • Long-Term: Bitcoin’s fixed supply and growing acceptance as a store of value (like digital gold) may support long-term price growth, though volatility remains a risk.

Conclusion

Bitcoin’s price today is around $104,500 USD, down slightly from its recent peak but up significantly year-over-year. Its value is driven by scarcity, institutional demand, and market sentiment, but volatility persists due to geopolitical, regulatory, and competitive factors. For those considering investing, use trusted exchanges, secure wallets, and stay informed about market trends and risks.

For real-time updates, check platforms like Coinbase, CoinMarketCap, or CoinGecko. Always conduct your own research before investing, as Bitcoin’s price can fluctuate rapidly.

Note: Prices and market data are based on sources available as of June 14, 2025, and may change rapidly due to the crypto market’s 24/7 nature.

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