Bitcoin (BTC) Price Trends & Market Analysis
What is Bitcoin?
Bitcoin (BTC) is the world's first decentralized digital currency, proposed by Satoshi Nakamoto in 2008 and officially launched in 2009. As the first successful application of blockchain technology, Bitcoin pioneered the cryptocurrency era and became the representative and value standard of digital currencies.
Bitcoin's total supply is capped at 21 million coins, and this scarcity has earned it the nickname "digital gold." Through a decentralized peer-to-peer network, Bitcoin enables value transfers without intermediaries, bringing revolutionary changes to the global financial system.
Track Bitcoin Price in Real-Time
With Crypto Heatmap, you can track Bitcoin price changes, market cap ranking, and 24-hour fluctuations in real-time. Our cryptocurrency heatmap provides an intuitive visualization, allowing you to understand Bitcoin's performance in the entire digital currency market at a glance.
Key Features:
- Real-time Bitcoin price data updates, synced with Binance
- Visual heatmap display with color depth indicating price change magnitude
- View Bitcoin price trends for 24 hours, 7 days, and 30 days
- Compare Bitcoin performance with other major cryptocurrencies
- Custom favorites for quick access to Bitcoin quotes
Bitcoin Price Influencing Factors
1. Supply and Demand
Bitcoin's limited supply means prices naturally rise as demand increases. Halving events reduce new coin production, further affecting supply-demand balance.
2. Regulatory Policies
Government attitudes toward cryptocurrency directly impact market confidence. Favorable or unfavorable policies can trigger significant price volatility.
3. Institutional Investment
Investment decisions by large institutions and listed companies significantly impact Bitcoin prices, such as Bitcoin holdings by Tesla and MicroStrategy.
4. Technological Development
Technical upgrades to the Bitcoin network and developments like the Lightning Network affect its usability and value recognition.
How to Track Bitcoin with Heatmap
Crypto Heatmap provides the most intuitive way to monitor Bitcoin and the entire cryptocurrency market:
- Color Coding: Green indicates price increase, red indicates decrease, color depth represents magnitude
- Block Size: Block size represents market cap, Bitcoin usually occupies the largest area
- Real-time Data: Price data updates in real-time, ensuring you get the latest market information
- Interactive: Click Bitcoin block to view detailed price history charts and technical indicators