The price of bitcoin, or 1 BTC, traded at $58,656.45, as of 8 a.m. ET. The highest intraday price that the original crypto reached in the past year was $73,750.07 on March 14, 2024. The chart above is pulling data as of 8 a.m. ET daily and doesn’t display intraday highs or lows.

Bitcoin price is currently hovering around the $58,000 mark, however, analysts indicate that BTC could risk another downfall to $55,000.

Bitcoin (BTC) is giving “new investors” a run for their money in a style similar to before its 2020 all-time high, analysis says. In a Quicktake blog post on Sept. 2, onchain analytics platform CryptoQuant likened current short-term holder trends to mid-2019.

Bitcoin’s all-time high was on March 14, 2024, trading at $73,750.07 per bitcoin. The lowest intraday price that the crypto traded in the past year was $25,781.12 on Sep. 13, 2023. The original crypto is up by 119% year over year.

We recently compiled a list of the 12 Best Cryptocurrencies to Invest in According to Reddit. In this article, we are going to take a look at where Bitcoin (BTC) stands against the other cryptocurrencies.