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Bitcoin’s price down 1.93% on yesterday

Philip Roth by Philip Roth
May 25, 2023
in UK
Bitcoin’s price down 1.93% on yesterday
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T

he Bitcoin (BTC) price today, as of 8:11am, is £21,193, according to CoinMarketCap. That’s down 1.93% on yesterday’s figure of £21,602, 4.30% on last week and 3.98% on one month ago.

The 24-hour trading volume is around £12.9 billion, and it has a market cap of about £410.8 billion.

The 52-week high of Bitcoin is £25,568, while the 52-week low is £13,195.

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Cryptoassets are highly volatile and unregulated in the UK. No consumer protection. Tax on profits may apply.

Bitcoin ROI

If you purchased a single Bitcoin at the 52-week low of £13,195 and sold it at today’s price of £21,193, you’d earn £7,998 for a positive return of 60.61%.

Alternatively, if you purchased a single Bitcoin at the 52-week high of £25,568 and sold it at today’s price, you’d have a negative return of 17.11%, or minus £4,375.

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 1.93% within the last 24 hours. Overall, BTC’s price today is below its 52-week high of £25,568.

Over the past week, Bitcoin has hit a high of £22,076 and a low of £20,965.

The cryptocurrency, overall, has moved up during the past three months. Over the past 90 days, it has increased to its current price of £21,193.

How Many Bitcoins (BTC) Are There?

There are currently 19,383,000 Bitcoins in circulation. There’s a maximum supply of 21 million.

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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