BTC/USD: what to know
The BTC/USD rate shows how much USD you get for 1 BTC. Right now, 1 BTC buys 77,239.81 USD at the mid-market rate. In the other direction, 1 USD is worth 0.0000129467 BTC.
In the short term BTC is driven mainly by crypto-market sentiment and liquidity, while USD responds to Fed policy, US growth and global risk appetite.
The supply is capped at 21 million coins. The US Dollar (USD) is issued by Federal Reserve (Fed). Most of the world’s central-bank reserves are held in US dollars.
Over the past 12 months the BTC/USD rate has ranged between 58,545.83 and 124,773.51 — a change of -33.37% versus a year ago.
Because this pair involves a cryptocurrency, expect much higher volatility than typical fiat pairs. Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.