In September, Bitcoin consolidated around $4,000 before moving decisively higher to $5,000 and then $6,000 in mid-October. The price of $7,000 was breached on Nov. 2, and then Bitcoin spent the rest of the year melting up: A couple of weeks later Bitcoin passed $8,000, then $10,000, surging to $13,000 days later, eclipsing $16,000 and by mid-December topping out above $19,000. 24H VOLUME (USD) Why do C2F exchanges dominate? While we can’t say for certain, our hypothesis is that C2F exchanges have greater liquidity because they’re the exchanges where most users first purchase cryptocurrency, so they are the source of new demand. C2F exchanges are also where users trade Bitcoin for fiat, which means that even those who prefer C2C exchanges would often have to use C2F exchanges to cash out. If their function as on and off-ramps gives C2F exchanges greater liquidity, that could also create a self-reinforcing cycle in which more traders are attracted in order to take advantage, thereby further increasing liquidity.
The current Bitcoin Price in USD is 21,825 USD and has increased by 5.28% over the past 30 days. The BTC to USD price chart indicates the historical change of BTC in USD over the past 30 days. Advanced BTC/USD Chart Metals Futures Stay tuned.