Bitcoin (BTC)| Bitcoin Price in India Today 21 May 2024 News - India Today (2024)

BTC Price Live Data

Bitcoin is the world’s first ever decentralised cryptocurrency or digital coin. It is termed as a decentralised cryptocurrency as it is not under the control of any financial regulatory authority around the world and relies on peer-to-peer software and cryptography.

Created over a decade ago, it has gained immense popularity over the years and is the world’s most popular cryptocurrency. The popular cryptocurrency utilized the Bitcoin blockchain for transactions.

Each Bitcoin is made up of 100,000,000 satoshis or the smallest units of Bitcoin, making an individual Bitcoin divisible up to 8 decimal places. This is why people can even buy fractions of a Bitcoin as well.

It may be noted that there are no physical Bitcoins and only balances are recorded in a public ledger. All Bitcoin-related transactions are registered using a massive amount of computing power and the process is known as “mining”.

As mentioned earlier, Bitcoin is not issued or backed by any banking entity or government around the world. While it is not considered a legal tender in most countries in the world, Bitcoin has been gaining in popularity, following which hundreds of other cryptocurrencies have been launched.

Bitcoin (BTC)| Bitcoin Price in India Today 21 May 2024 News  - India Today (2024)

FAQs

Bitcoin (BTC)| Bitcoin Price in India Today 21 May 2024 News - India Today? ›

Our most recent Bitcoin price forecast indicates that its value will increase by 14.58% and reach $66,426 by May 03, 2024.

What is the price of BTC in India 2024? ›

Bitcoin Historical Data
DateClose PriceLow
2024-04-25₹ 53,81,518₹ 52,34,915
2024-04-24₹ 53,53,331₹ 53,05,416
2024-04-23₹ 55,37,270₹ 54,88,716
2024-04-22₹ 55,84,652₹ 53,84,790
26 more rows

How much will 1 Bitcoin be worth in 2024? ›

Our most recent Bitcoin price forecast indicates that its value will increase by 14.58% and reach $66,426 by May 03, 2024.

What is the price of 1 Bitcoin in India right now? ›

Bitcoin Price in India Today
ExchangeBitcoin Price
CoinMarketCap₹ 51,45,519Trade
Coinbase₹ 51,47,612Trade
Binance₹ 51,51,715Trade
WazirX₹ 54,02,197Trade
5 more rows

What will BTC be worth in 2025? ›

Bitcoin (BTC) Price Prediction 2030
YearPrice
2024$ 70,926.16
2025$ 74,472.47
2026$ 78,196.10
2027$ 82,105.90
1 more row

What will BTC price be in March 2024? ›

The latest halving took place on April 19 2024, just three months after BTC exchange-traded funds hit the market. Bitcoin reached a series of new all-time highs in early March 2024. Some Bitcoin price predictions say BTC could break past $100,000 as soon as this year.

What was the price of 1 Bitcoin in 2009 in India? ›

Bitcoin was originally worth next to nothing. The transaction that first gave Bitcoin monetary value was in October 2009, when Finnish computer science student Martti Malmi, known online as Sirius, sold 5,050 coins for around INR 414.65, giving each Bitcoin a value of $0.0009 each. The exchange took place on PayPal.

How much will $1000 Bitcoin be worth in 2030? ›

If Bitcoin continues this pattern into 2030, the price could peak around 2029 or 2030. If Wood is correct and Bitcoin reaches $3.8 million, if you invested $1,000 in Bitcoin now, it would be worth $54,280 in 2030. This would result in a compounded annual growth rate (CAGR) of nearly 95%.

What is the highest price of Bitcoin in India? ›

What is the highest price of BTC/INR in history? The all-time high price of 1 BTC in INR is ₹6,110,932, recorded on Mar 14, 2024 (2 months).

Which crypto will boom in 2024? ›

Top 10 Cryptos in 2024
CoinMarket CapitalizationCurrent Price
Solana (SOL)$72 billion$162
Ripple (XRP)$28 billion$0.51
Dogecoin (DOGE)$22 billion$0.15
Tron (TRX)$10 billion$0.12
6 more rows
6 days ago

Can I buy Bitcoin for 1,000 rupees? ›

Conclusion. You can purchase a fraction of bitcoin valued at 1000 rupees. Several crypto exchanges, including ZebPay, permit users to buy fractional amounts of various cryptos, including Bitcoin.

Can I buy 1 Bitcoin in India? ›

Investors can purchase Bitcoin on cryptocurrency exchange platforms, ensuring it is registered with the Financial Intelligence Unit India. Select an exchange with a user-friendly interface and extensive support for BTC trading pairs. Added to this, look out for considerate trading fees.

Is BTC legal in India? ›

First off, owning and trading Bitcoin (and other cryptocurrencies) is legal in India. The Reserve Bank of India (RBI) classifies cryptocurrencies as "virtual digital assets" (VDAs). This indicates recognition for tax purposes, but they are not considered legal tender.

How much will 1 Bitcoin be worth in 2026? ›

$ 76,903.52

How high will Bitcoin go in 2026? ›

Bitcoin Price Prediction 2025-2030
Bitcoin Price PredictionPotential Low ($)Potential High ($)
202561,357140,449
202682,522155,284
2027152,837169,047
2028174,063192,908
2 more rows
5 days ago

How much will 1 ethereum be worth in 2025? ›

By the year 2025, Ethereum is expected to reach the maximum level of $6,500 with a minimum of $ 4,500 and an average of $5,500. And by the year 2030, it is expected that it may go up to a maximum of $20,500. The current year will witness the Dencun upgrade, which is anticipated to positively boost the value of ETH.

What will be the expected Bitcoin price in 2030 in INR? ›

Bitcoin to hit ₹1 crore by 2030, 600% up: Analysts | Mint.

What will Bitcoin price be in 2030 2040? ›

Summary
YearPredicted PriceFactors
2030$1.5 millionIncreased adoption, scarcity (Stock-to-Flow model), macroeconomic factors
2040Multi-million dollarsDecreasing inflation rate, increasing scarcity
2050Multi-million dollarsGlobal economic shifts, Bitcoin's supply and demand dynamics
1 more row

What is the price prediction for Bitcoin Cash in 2030? ›

Bitcoin Cash (BCH) Price Prediction 2030
YearPrice
2025$ 489.89
2026$ 514.39
2027$ 540.11
2030$ 625.24
1 more row

What was the price of 1 Bitcoin in 2010? ›

In 2010, bitcoin—the cryptocurrency that had then come into being only a year back—was valued at the average of USD 0.06 or Rs. 2.85.

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