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Bitcoin
About Bitcoin (BTC)
Bitcoin (BTC) is the world's first decentralised digital currency and the foundation of crypto's global ecosystem. Created in 2009 by the pseudonymous developer Satoshi Nakamoto, Bitcoin introduced a peer to peer payment system that eliminates the need for banks or intermediaries. Every Bitcoin transaction is verified and recorded on the blockchain, a transparent and immutable ledger accessible anywhere in the world.
Unlike traditional currencies controlled by central banks, Bitcoin operates on a limited supply model capped at 21 million coins, making it inherently scarce and deflationary. New BTC are issued through mining, a process where global participants use computational power to validate transactions and secure the blockchain. This proof‑of‑work (PoW) system ensures that Bitcoin remains secure, censorship resistant, and decentralised.
Often referred to as digital gold, Bitcoin is used worldwide as a store of value. It powers everything from direct payments to decentralised finance (DeFi) applications, and wrapped Bitcoin products (like WBTC and tBTC) that bring BTC liquidity into other blockchain ecosystems such as Ethereum and Solana.
As an open source network, Bitcoin's development and governance are maintained by a distributed community of engineers, miners, and users. Network upgrades and optimisations are proposed through transparent Bitcoin Improvement Proposals (BIPs), preserving both technical stability and global neutrality.
Price history
| Today (24 May 2026) | $76,681.00 | +1.49% |
|---|---|---|
| 24 hours ago (23 May 2026) | $75,552.39 | +1.49% |
| 1 week ago (17 May 2026) | $77,727.51 | -1.35% |
| 1 month ago (24 April 2026) | $78,450.11 | -2.26% |
| 1 year ago (24 May 2025) | $107,560.55 | -28.71% |
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BTC Sentiment
BTC updates powered by Brandwatch. Not financial advice. Last updated on 21 May 2026.
Bullish BTC indicators
Institutional buying continues as Strategy purchased 24,869 BTC (~$2.0B) at an $80,985 average between May 11 and May 17. Large corporate accumulation adds balance-sheet demand and price support. (Source)
Drake references Bitcoin on his new album "Iceman," released May 15, calling himself a "BTC crypto big-timer." Mainstream cultural mentions broaden retail awareness and potential demand. (Source)
BTC trades at $77,644 with a market cap of $1,555B and 24-hour volume of $27.2B as of May 21. High liquidity supports large trade execution with lower slippage.
Bearish BTC indicators
Regulatory uncertainty has increased after the U.S. DOJ disbanded its National Cryptocurrency Enforcement Team and reassigned crypto-focused SEC attorneys. Reduced enforcement infrastructure may lower institutional confidence in market oversight. (Source)
Bitcoin ATM scams have drained savings and prompted local ban discussions, with Indiana, Tennessee, and Minnesota moving to restrict the machines. Retail on-ramps face reputation risk from rising fraud reports. (Source)
Reports show stolen funds being converted to Bitcoin, reinforcing illicit-use narratives and increasing compliance scrutiny. Police say over $60,000 was converted via Bitcoin in a Connecticut estate theft case. (Source)
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