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Bitcoin is a digital currency, with price fluctuations. These fluctuations can create significant profit opportunities for those who trade bitcoin. Since bitcoin is a decentralized currency, the price is not controlled by any central institutions, but instead shaped by demand and supply among users on the market. Here you can follow bitcoin’s price in real time.

What affects the value of bitcoin?

The price of bitcoin is influenced by several factors. Some of these include:

1. Decentralization

Because bitcoin is decentralized, its price is not directly affected by interest rates, banks or other central bank decisions. Instead, the price is driven by usage and trust in the currency among users.

2. Global events

When major political or economic events occur worldwide, such as economic crises or elections in influential countries, the price of bitcoin tends to increase. Many view bitcoin as an alternative investment during such times

3. Market dynamics and demands

The price rises when demand increases and more investors buy bitcoin. The price falls when more people sell than buy.

4. Technological development

News about technological advancements and innovations that impact the blockchain technology can also affect bitcoin’s price

Historical bitcoin price trends

Since the launch of Bitcoin in 2009, its price has experienced significant ups and downs. A milestone in bitcoin’s price history was when it surpassed 1 000 000 SEK at the end of 2024. Although the price can be seen as volatile, the long-term trend has shown a steady increase as bitcoin has become more widespread globally. Major economic events have often contributed to increasing bitcoin’s value as investors tend to seek independent assets.

Bitcoin prices may vary between services

Bitcoin’s price can differ between various services depending on what is included in the price. Some services may add fees afterwards, while others include them in the displayed price. Here at BTCX, the price always includes the fees, so you can clearly see what your transaction will cost.

How do I buy bitcoin?

Buying bitcoin is simple with BTCX. Start by creating an account and then choose your desired purchase amount. Follow the instructions to complete your purchase smoothly and safely. Read more in our complete guide on how to buy bitcoin here.

Frequently asked questions

What is bitcoin?
Bitcoin is a decentralized digital currency that enables secure and anonymous transactions. It was created in 2009 as part of blockchain technology and is based on peer-to-peer transactions without middle hands like banks. You can read more in our article What is Bitcoin?.
How many bitcoins are there?
The maximum number of bitcoins is 21 million, which makes the currency unique with a limited supply. This limited supply often drives up its value as demand increases. Currently, there are just under 20 million bitcoins.
How much is one bitcoin worth?
The price of bitcoin is volatile and can change quickly depending on several factors. You can view the bitcoin price in the graph above.
How is the price of bitcoin determined?
The value of bitcoin is entirely determined by the market, where the price changes based on trading volume and investor interest.
Why does the price differ from what I see in my wallet?
Different wallets show the price in different ways, often based on global market averages that do not include fees. BTCX’s price always includes our service fees and is displayed directly in the order form.
Is bitcoin a secure currency?
Bitcoin is very secure technically, thanks to its blockchain. However, its value can be considered volatile, so it is important to understand both the benefits and risks.
How do you buy bitcoin?
Read our step-by-step guide on buying bitcoin here for help on how to get started.
How do you sell bitcoin?
Selling bitcoin is easy and can be done on platforms like BT.CX. Create an account and follow the steps for selling. You can read a more detailed guide on our selling page.
Why should you invest in bitcoin?
Bitcoin can be seen as a hedge against inflation and other global economic events. It can also be viewed as a long-term investment. Many investors are attracted to bitcoin's potential for substantial value growth over time.

Learn more about Bitcoin

Explore our articles and guides about bitcoin, from how to buy and sell, to tips on secure storage in our Knowledge bank.