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Bitcoin Price

(BTC)

TRY(₺)

₺2,989,644.08
0.00%(5m)

1m5m15m1h8h1d1W
Bitcoin (BTC) Live Price Chart

    Bitcoin Live Price Data

    Bitcoin is currently trading at ₺ 2,989,644.08, with a 24-hour trading volume of ₺ 6.24B. Over the past hour, the price of Bitcoin changed by -3.03%, and over the past week, its value in TRY dropped by -3.11%. The circulating supply of Bitcoin is 20,062,184 BTC, with a market cap of 1.27T TRY, down -3.03% in the last 24 hours. Bitcoin is ranked #1 by market cap.

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    Note: This data is for reference only.
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    BTC(BTC) Profile

    altRank1
    rateAAA
    Expand
    ₺2,983,050.23
    ₺3,109,497.01
    ATH
    ₺5,969,377.04
    Price Change (1h)
    -0.50%
    Price Change (24h)
    -3.03%
    Price Change (7d)
    -3.11%
    Market Cap
    24h Volume
    Circulating Supply
    20,062,184
    Max Supply
    21,000,000

    About Bitcoin

    • What Is Bitcoin (BTC)?

      Bitcoin is the world’s first cryptocurrency designed to operate decentralized over a blockchain. Unlike traditional currencies, it can be used as a store of value and for making digital payments without a central authority like a bank or a financial institution. The symbol BTC in the market represents Bitcoin. 

       

      While digital payments have existed for several years, Bitcoin stands apart due to its decentralization features. Instead of depending on the traditional financial infrastructure, transactions of Bitcoin take place on the blockchain on a peer-to-peer basis without the need for an intermediary authority. 

       

      When you invest in Bitcoin, you're buying a piece of this digital asset. Its value can change rapidly, offering both risks and opportunities. You can store Bitcoin in a digital wallet, and it’s secured through cryptography, making it safe from counterfeiting. Many see Bitcoin as a hedge against traditional financial systems and a way to diversify their investment portfolios.


      What sets Bitcoin apart from several other assets is its limited supply. There will only ever be 21 million bitcoins created, which gives it scarcity similar to precious metals like gold. Bitcoins are created through mining, where individuals or organizations use powerful computers to solve complex mathematical problems and validate transactions on the network. Miners receive newly minted Bitcoins as rewards for their contributions to the network's security and transaction processing.

       
    • How Does Bitcoin Work?

      Bitcoin (BTC) works on a technology called blockchain. Blockchain is a public ledger that records all Bitcoin transactions. When you send Bitcoin, your transaction gets added to a block. Miners, who are specialized computers, verify these transactions by solving complex math problems. Once verified, the block gets added to the blockchain, and the transaction is complete.

       

      You control your Bitcoin through a digital wallet, which has a private key. This key is like a password that gives you access to your Bitcoin. Without it, no one can move or spend your Bitcoin. The system is decentralized, meaning no single person or entity controls it. This makes Bitcoin secure and resistant to fraud.

       

      Transactions can be done directly between users without needing a bank or intermediary. This process can take anywhere from a few minutes to an hour, depending on network traffic. Bitcoin is constantly evolving, offering new possibilities for how money can work in the digital age.

    • Who Created Bitcoin?

      Bitcoin (BTC) was created by an unknown person or group using the name Satoshi Nakamoto. It was launched in January 2009 when the first Bitcoin block, called the Genesis Block, was mined. Bitcoin was designed as a decentralized digital currency, free from government control or interference.

      Inception and Genesis Block

      On January 3, 2009, Nakamoto, the creator of Bitcoin, successfully mined the cryptocurrency's first block, the genesis block. It marked the official launch of Bitcoin with an initial value of $0. Over time, the value of Bitcoin gradually appreciated, leading to increased mining activity and heightened demand for this digital asset. 

      Bitcoin Pizza Day: Commercial Transaction with Bitcoin

      A significant milestone occurred on May 22, 2010, when a user conducted the first-ever commercial transaction using Bitcoin. Laszlo Hanyecz, a computer programmer, purchased two pizzas using Bitcoin, valuing the transaction at a staggering 10,000 BTC. Notably, this Bitcoin pizza transaction took place when the price of Bitcoin was considerably lower compared to current levels. 

      Evolution of the Bitcoin Blockchain

      Since its inception, the Bitcoin blockchain has undergone several notable updates. One of the most significant upgrades is the Taproot Update, which went live in 2021. Following the introduction of Segregated Witness (SegWit) in 2017, this update enhances the security of Bitcoin transactions by implementing the "MAST" technique, which obfuscates private transaction data. These upgrades contribute to the continuous development of the Bitcoin ecosystem. 

      The Bitcoin Lightning Network

      The Bitcoin Lightning Network represents a notable advancement in Bitcoin's roadmap. It is a Layer-2 payment protocol built on Bitcoin and designed to improve scalability and transaction throughput. By leveraging the Lightning Network, Bitcoin transactions become faster and more cost-effective, addressing the scalability challenges associated with the base layer of the Bitcoin blockchain. 

      Bitcoin Taproot Upgrade

      Taproot is considered Bitcoin's most significant upgrade in several years. It streamlines transaction processing, making it faster and more cost-efficient. Taproot went live on November 14, 2021, at block 709,632. It reduces the cost and data requirements for multi-signature transactions, making them more affordable. It also improves transaction privacy, making certain complex transactions, like Lightning Network transactions, appear indistinguishable from regular transactions. 

      Bitcoin Ordinals and NFTs

      Bitcoin ordinals, also known as Bitcoin NFTs, are a form of non-fungible tokens (NFTs) native to the Bitcoin blockchain. Introduced in January 2023, Bitcoin ordinals and the BRC-20 token standard have since gained attention in the cryptocurrency community. Bitcoin ordinals are created by attaching information to individual satoshis, the smallest units of Bitcoin. A satoshi is equal to 0.00000001 BTC. Each satoshi can be uniquely identified by its equivalent of a "serial code" through inscription. This inscription can include various data types, such as text, images, audio, or videos.

      Approval of Spot Bitcoin ETFs 

      The approval of spot Bitcoin ETFs in the U.S. in January 2024 marks a major milestone for the cryptocurrency market. A spot Bitcoin ETF allows investors to gain exposure to Bitcoin without needing to own the actual asset, making it easier for institutional and retail investors to participate. This increased accessibility could lead to a significant influx of capital into Bitcoin, potentially pushing its price to new highs. 

      Bitcoin Halving

      Bitcoin halving is a critical event that occurs approximately every four years, reducing the reward miners receive for adding new blocks to the blockchain by half. This reduction in supply issuance tends to create scarcity, often leading to significant price increases. The first halving took place in 2012, followed by others in 2016,  2020, and 2024, each leading to substantial price rallies in the subsequent months. The next halving is scheduled for 2028, and many analysts predict it could drive Bitcoin's price even higher, especially amid its rising adoption among institutional and retail investors.

    • What Is Bitcoin (BTC) Used for?

      Bitcoin (BTC) is used for a wide range of purposes, making it a versatile digital currency. Here are some key uses:

      1. Purchasing Goods and Services: You can use Bitcoin to buy products and services from many retailers, both online and in physical stores. Companies like Microsoft and some fast-food chains accept Bitcoin payments. Bitcoin is also used in e-commerce for global purchases, offering a convenient way to pay without the need for traditional banking services. 

      2. Cross-Border Payments: Bitcoin is popular for international transactions because it allows you to send money across borders quickly and with lower fees compared to traditional financial systems. This makes it a valuable tool for remittances and trade in regions where access to banking is limited. 

      3. Investment and Trading: Many people invest in Bitcoin as a store of value, similar to gold. Traders also buy and sell Bitcoin to profit from its price fluctuations. Bitcoin's decentralized nature and limited supply make it an attractive asset for long-term investment. 

      4. Gaming and Online Entertainment: Bitcoin is increasingly used in the gaming industry, both for purchasing games and in the emerging play-to-earn models. Some online platforms also allow you to use Bitcoin for gambling and other entertainment services, providing anonymity and quick transactions. 

      5. Donations: Bitcoin is commonly used for donations, especially to support causes in regions with financial restrictions or to benefit from tax deductions. Many charitable organizations accept Bitcoin, allowing donors to contribute securely and efficiently. 

      6. Buying and Holding Bitcoin (BTC): The most popular and straightforward option is purchasing Bitcoin and holding onto it. By doing so, you stand to profit as long as the BTC value continues to rise. However, it's important to note that there is a potential risk of losses if the market experiences a crash. In such instances, you can sell your Bitcoin on the market. Through KuCoin, you can explore Spot Trading, Margin Trading, and Futures Trading to diversify your investment strategy and maximize potential returns.

      7. Earning Passive Income through Lending: Another engaging strategy is lending your BTC holdings to generate passive income. By lending Bitcoin, you can conveniently grow your capital over time. This method allows you to put your Bitcoin to work and earn additional returns. KuCoin offers the option to invest BTC on our platform via Crypto Lending and KuCoin Earn services, opening up additional income-generating opportunities. 

    • What Is Bitcoin Tokenomics?

      Bitcoin has a maximum supply of 21 million coins. This cap ensures that no more than 21 million BTC will ever exist, making Bitcoin a scarce asset. As of 2024, around 19.6 million Bitcoins have already been mined, leaving only a small portion left to be introduced into circulation.

       

      Approximately every four years, the reward for mining new Bitcoin blocks is halved. This event, known as "halving," reduces the rate at which new Bitcoins are created, contributing to its scarcity. The next halving, scheduled for April 2024, will reduce the mining reward from 6.25 BTC to 3.125 BTC per block.

       

      Bitcoin's creation process is decentralized, meaning anyone with the necessary hardware can participate in mining. Miners are rewarded with new Bitcoins for validating transactions and adding them to the blockchain. This decentralized nature helps secure the network and prevents any single entity from controlling Bitcoin.


      While Bitcoin is technically inflationary because new coins are continuously mined, the halving events gradually slow down this inflation until it eventually stops around the year 2140, when all 21 million coins will have been mined. This controlled inflation is a key feature of Bitcoin's tokenomics, helping to preserve its value over time.

    FAQ

    • How much is 1 Bitcoin (BTC) worth?

      KuCoin TR provides real-time TRY price updates for Bitcoin (BTC). Bitcoin price is affected by supply and demand, as well as market sentiment. Use the KuCoin TR Calculator to obtain real-time BTC to TRY exchange rates.

    • How Much Is Bitcoin Worth?

      Bitcoin’s value can fluctuate rapidly due to the volatile nature of the cryptocurrency market. Bitcoin's price is influenced by various factors, including market demand, investor sentiment, regulatory news, and broader economic conditions. It's important to keep an eye on the latest market updates to stay informed about Bitcoin's current value. 

       

      Investing in Bitcoin provides an opportunity to diversify your portfolio with an asset that has demonstrated significant growth potential and offers protection against economic instability: 

       

      1. Scarcity and Finite Supply: Bitcoin has a maximum supply of 21 million coins. This limited supply creates scarcity, which can increase Bitcoin's value over time as demand continues to grow. Unlike fiat currencies, which can be printed indefinitely, Bitcoin's supply is fixed, making it a "hard" asset similar to gold.

       

      2. Decentralization: Bitcoin operates on a decentralized network, meaning no single entity or government controls it. This decentralization reduces the risks associated with central bank policies, such as inflation or currency manipulation. It also provides security and autonomy for investors, as they have full control over their Bitcoin without relying on financial institutions.

       

      3. Inflation Hedge: Bitcoin is often seen as a hedge against inflation. As traditional currencies lose value due to excessive money printing, Bitcoin's fixed supply helps preserve purchasing power, making it an appealing option during times of economic uncertainty.

       

      4. High Liquidity: Bitcoin is one of the most liquid assets available, meaning you can buy and sell it easily on a variety of exchanges. Its widespread acceptance and global reach also make it easy to convert Bitcoin into fiat currencies or other cryptocurrencies.

       

      5. Strong Historical Performance: Since its launch, Bitcoin has been one of the best-performing assets, offering substantial returns to long-term holders. Despite its volatility, Bitcoin has shown resilience, recovering from market downturns and continuing to grow in value over the years.

       

      6. Growing Institutional Adoption: With the approval of spot Bitcoin ETFs and increasing interest from major financial institutions, Bitcoin is becoming more integrated into the traditional financial system. This growing adoption adds legitimacy to Bitcoin and could drive further price appreciation.

       

      7. Security and Transparency: Bitcoin transactions are recorded on a transparent and immutable blockchain, making it secure and difficult to manipulate. Thir transparency builds trust among investors and ensures the integrity of the Bitcoin network. 

    • What Is Bitcoin (BTC) Price Prediction?

      While it is impossible to offer an accurate Bitcoin price prediction over any timeframe, there are several factors you could monitor to understand what drives price action and volatility in this crypto. These include: 

       

      1. Supply and Demand of BTC Coins: Bitcoin has a fixed supply of 21 million coins, which creates scarcity. As demand increases, especially with events like Bitcoin halving (which reduces the rate at which new Bitcoins are created), the BTC to USD price tends to rise.

       

      2. Market Sentiment: Positive news, such as Bitcoin ETF approvals or adoption by large institutions, can boost Bitcoin’s price and overall liquidity. Conversely, negative news or regulatory crackdowns can cause the BTC price to drop.

       

      3. Regulatory Developments: Changes in regulations, especially in major markets like the U.S., significantly impact Bitcoin’s price. The approval of spot Bitcoin ETFs in 2024, for example, has driven up demand and positively influenced the $BTC price.

       

      4. Competition: The presence and performance of other cryptocurrencies also affect Bitcoin's price. As more altcoins gain traction, some investment flows might shift away from Bitcoin, affecting its dominance and price.

       

      5. Technological Upgrades: Improvements to Bitcoin’s infrastructure, like enhancements to the Lightning Network, can make it more useful and increase Bitcoin’s value.

       

      6. Media Coverage: News and social media can quickly influence market perception and investor behavior, causing rapid price changes in response to global events.

    • What Is Bitcoin Mining?

      Bitcoin mining is the process of validating and adding new transactions to the Bitcoin blockchain. Bitcoin mining is essential for maintaining the security and integrity of the Bitcoin network, but it requires significant investment in both hardware and electricity Here's how it works:

       

      1. Mining for Blocks: Miners use powerful computers to solve complex mathematical problems. When a miner successfully solves one of these problems, they create a new block, which is added to the blockchain. This process secures the network and ensures that transactions are valid.

       

      2. Earning Rewards: For their efforts, miners are rewarded with newly minted Bitcoin, known as the "block reward." As of April 2024, the reward is 3.125 BTC per block. This is how new Bitcoins are introduced into circulation.

       

      3. Competition and Difficulty: Mining is highly competitive, with miners all over the world racing to solve the next block. The difficulty of these problems adjusts automatically every two weeks to ensure that blocks are added roughly every 10 minutes.

       

      4. Energy Consumption: Mining requires a lot of electricity to power the specialized hardware, known as ASICs. Miners often set up operations in regions with cheap electricity to reduce costs and increase profitability.

       

      Learn more about how to start mining Bitcoin.

    • When Is the Next Bitcoin Halving?

      The next Bitcoin mining event, known as the Bitcoin halving, is expected to occur around April 2028. The last halving took place in April 2024, reducing the block reward from 6.25 BTC to 3.125 BTC per block. This event is significant because it reduces the rate at which new Bitcoins are created, contributing to Bitcoin's scarcity and potentially influencing its price. The next halving in 2028 will further reduce the reward to 1.5625 BTC per block. 

    • What Is a Bitcoin ETF?

      Bitcoin ETF (Exchange-Traded Fund) is a financial product that allows you to invest in Bitcoin without needing to buy or store the actual cryptocurrency. Instead, you buy shares in a fund that tracks the price of Bitcoin. These ETFs are traded on traditional stock exchanges, making it easier for investors who are more comfortable with regular financial markets to gain exposure to Bitcoin.

       

      Bitcoin ETFs offer several advantages, such as regulatory oversight, simplicity in trading, and the ability to add Bitcoin to a diversified investment portfolio without the complexities of handling digital assets directly. 


      Here’s all you need to know about Bitcoin ETFs.

    • When Will the Last Bitcoin Be Mined?

      The last Bitcoin is expected to be mined around the year 2140. This is due to Bitcoin's design, which limits its supply to 21 million coins. As of now, about 19.6 million Bitcoins have already been mined, leaving less than 2 million to be gradually mined over the next century. After the last Bitcoin is mined, miners will no longer receive new Bitcoins as rewards but will instead earn income from transaction fees. This shift will mark a significant change in the Bitcoin network's economics. 

    • What Are The Different Ways to Invest in Bitcoin?

      Are you eager to invest in Bitcoin and capitalize on its potential? Look no further as we present various investment avenues to explore. Read on to discover how to invest in Bitcoin and make the most of this exciting digital asset.

       

      Buying and Holding Bitcoin (BTC)

      The most popular and straightforward option is purchasing Bitcoin and holding onto it. By doing so, you stand to profit as long as the BTC value continues to rise. However, it's important to note that there is a potential risk of losses if the market experiences a crash. In such instances, you can sell your Bitcoin on the market. Through KuCoin, you can explore Spot Trading, Margin Trading, and Futures Trading to diversify your investment strategy and maximize potential returns.

       

      Earning Passive Income through Lending

      Another engaging strategy is lending your BTC holdings to generate passive income. By lending Bitcoin, you can conveniently grow your capital over time. This method allows you to put your Bitcoin to work and earn additional returns. KuCoin offers the option to invest BTC on our platform via Crypto Lending and KuCoin Earn services, opening up additional income-generating opportunities.

       

      Go Long or Short Bitcoin: Investing in Bitcoin Futures Contracts

      Users can also long or short Bitcoin to profit from its price movements. Bitcoin futures offer a popular option for advanced traders to generate leveraged returns through minimum base capital. However, great profits often come with great risks, and you must exert proper risk management to reduce the risks of losses in the volatile crypto market.

       

      Investment Trusts: Exposure to Bitcoin via Reliable Options

      Investment trusts offered by reputable firms such as Grayscale are attractive for larger investors seeking exposure to Bitcoin. For example, the Grayscale Bitcoin Trust is a publicly traded fund that enables you to purchase GBTC shares, providing indirect exposure to Bitcoin. It's important to note that investment trusts often trade at a premium and may involve higher costs than buying Bitcoin directly on an exchange.

    • What Can You Buy With Bitcoin?

      Bitcoin has emerged as a widely accepted payment method across various businesses, opening up a world of possibilities for its users. In addition to trading cryptocurrencies on exchanges, BTC's Lightning Network enables seamless online and offline transactions for goods and services.

       

      Online Retail and Services

      Bitcoin has transcended its digital realm and can now be used as a substitute for traditional money. You can utilize BTC to make purchases on online retail platforms, book your dream holidays through travel websites, acquire online services, pay for meals at select eateries, and even order food online. Moreover, third-party services have facilitated the option to place orders on Amazon using Bitcoin, expanding the scope of your online shopping experience.

       

      Car Dealerships and Luxury Cars

      While Tesla may have discontinued accepting Bitcoin as a payment method, numerous car dealerships in the United States still embrace the digital currency. These dealerships allow customers to purchase vehicles, including luxury cars, using BTC.

       

      Real Estate

      Real estate has also embraced Bitcoin as a viable payment option. Although relatively rare, there have been notable instances of real estate sales conducted with Bitcoin. The acceptance of BTC in the real estate market showcases its growing recognition as a legitimate and valuable asset for high-value transactions. As Bitcoin continues to gain traction, more opportunities for purchasing properties using cryptocurrency may emerge.

    • What is the all-time high price of Bitcoin (BTC)?

      The all-time high price of Bitcoin (BTC) is ₺5,969,377.04. The current price of BTC is down 49.92% from its all-time high.

    • What is the all-time low price of Bitcoin (BTC)?

      The all-time low price of Bitcoin (BTC) is ₺2.30. The current price of BTC is up 129,924,453.73% from its all-time low.

    • How much Bitcoin (BTC) is there in circulation?

      As of 7 28, 2026, there is currently 20,062,184 BTC in circulation. BTC has a maximum supply of 21,000,000.

    • How do I store Bitcoin (BTC)?

      You can securely store your Bitcoin in the custodial wallet on the KuCoin TR exchange without having to worry about managing your private keys. Other ways to store your BTC include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.