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Bitcoin Price Tracker

Date range

Updated
All time high:

High (24H):

Low (24H):

Volume (24H):

Market cap:

80
0.1%
Performance:

67

Trustworthiness:

96

The NextAdvisor Investability Score gives crypto investors a comprehensive view of a coin’s performance. We consider nine general factors covering nearly 30 unique data points — grouped by performance and trustworthiness — to score each coin between 0 and 100. For a dynamic and representative score, we use the top 85 cryptos by market cap as a basis for comparing performance.

Performance:

We measure a coin's performance based on the following:

Market Cap:

100

Liquidity: 0.05

9

Age: 9 years, 1 month

100

Volatility: 3.71%

96

Value Growth: -38.21%

6

Trustworthiness:

We measure trustworthiness based on the following 23 criteria:

Use Case: 100 / 100
• Clear purpose?
• How the coin works?
• Real-world utility?
• Initial coin distribution?
• Analysis to validate claims?
• Future project milestones?
• Previously hit milestones?
Transparency: 83 / 100
• Clear, accessible website?
• Founders publicly known?
• White paper?
• Free of major legal issues?
• Free of fraud accusations?
Availability: 100 / 100
• Coinbase
• Gemini
• eToro
• Kraken
• FTX
• Crypto.com
• Binance.US
Credibility: 100 / 100
• Multiple major investors?
• Reputable team?
• Robust online community?

How to Use This Price Tracker

Cryptocurrency pricing data can help investors find opportunities in the market and make more informed investment decisions. NextAdvisor’s price tracker shows historical price, trading volume, market capitalization, and other important metrics for investors, especially those who are just starting to dip their toes into crypto investing.

While everyday investors probably don’t need every last bell and whistle to make informed investment decisions, there are some generally applicable key crypto metrics and indicators worth considering:

Crypto Indicators and Metrics for Beginner Investors

Price: As with any investment, price is where it starts and ends for investors. Pricing is highly volatile in cryptocurrency, but viewed over time can give investors an idea of how a given coin’s value has gone up (or down) over time.

Market Capitalization: In general, the higher the value of the market cap the safer the investment. Market cap is the total value of a cryptocurrency, and is calculated by multiplying the price of the cryptocurrency with the number of coins in circulation. The amount of tokens or coins circulating can be viewed as an indicator of a coin’s demand.

Volume: Higher volume typically means a given cryptocurrency has more market liquidity, meaning more ability for investors to sell an investment when they want to realize a profit. It represents how much crypto is bought and sold over a period of time, typically 24 hours.

If there’s one cryptocurrency you should know about, it’s bitcoin.

It’s the original and most valuable cryptocurrency by far, despite its huge — and normal — swings in recent months, ranging in value from less than $30,000 to more than$60,000. Bitcoin has also seen a surge of new investors, with more than half of all current bitcoin holders having bought in the past year.

“I invest in bitcoin for three reasons: One of them is that the supply is limited, the second is decentralization, and third, it is a category king,” says Kiana Danial, author of “Cryptocurrency Investing For Dummies” and an investing expert. “Everybody knows about bitcoin and immediately gives it this value.”

Bitcoin was created in 2009 by an anonymous figure under the pseudonym Satoshi Nakamoto to function as an electronic peer-to-peer cash system, but has since attracted investors who view it as a store-of-value currency, sometimes described as digital gold. Bitcoin set the stage for blockchain technology and decentralized finance.

“Bitcoin by nature doesn’t really solve a problem,” says Danial. “It was just a showcase for decentralization.”

Based on those principles, the cryptocurrency market — which now consists of thousands of cryptocurrencies — has grown to a valuation of more than $2 trillion. While bitcoin has the longest record for investors to consider, it’s no less volatile. What’s Driving Bitcoin’s Price? Bitcoin held steady above$20,000 Thursday after falling down below $18,000 just a few days ago, its lowest point since the end of 2020. While investor sentiment still remains negative toward cryptocurrencies, the selling momentum may be slowing down, according to Edward Moya, a senior market analyst at foreign-exchange brokerage Oanda. “The global crypto market remains vulnerable to further selling pressure, but a consolidation could be around the corner as the challenging macro environment is close to being fully priced in,” Moya says. Over the last few months, bitcoin and stocks have largely remained under pressure as investors wrestle with rising inflation, geopolitical crises, and tighter monetary policy by the Federal Reserve. The crypto market is increasingly tracking the stock market lately, which combined with more mainstream adoption and the slumping prices starting the year, makes it even more intertwined with global economic factors, experts say. In the short term, all these factors have created some noise and extra volatility in the crypto and stock markets, but this is usual during times of uncertainty. Volatility is standard in the cryptocurrency market, so experts predict the ups and downs to continue. Bitcoin’s high point of the year so far remains in the earliest days of January, when it nearly hit$48,000. In that same month, bitcoin also hit its six-month low as it dipped below $34,000. Bitcoin has lost 40% of its value since its Nov. 10 all-time high above$68,000.

Bitcoin’s price has been between $17,000 and$22,000 this week. Here’s how its current price compares to its daily high point over the past few months:

So what should crypto investors do in light of this volatility? Nothing, according to the experts we’ve talked to. Given crypto’s history of volatility, this increase doesn’t guarantee a long-term reversal. Bitcoin’s price is just as likely to fall back down as it is to continue climbing. The future of cryptocurrency is sure to include plenty more volatility, and experts say that’s something long-term crypto investors will have to continue dealing with.

Bitcoin Predictions and the Future of Crypto

Bitcoin has shown as steady a rise in value over the years as any other cryptocurrency on the market, so it’s only reasonable for bitcoin investors to be curious about how high it can ultimately go.