BTC • Messari-backed research

Bitcoin Research

Bitcoin remains the benchmark settlement asset for the crypto market and usually sets the tone for liquidity, ETF flows, and risk appetite.

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Key takeaway

Bitcoin remains the benchmark settlement asset for the crypto market and usually sets the tone for liquidity, ETF flows, and risk appetite.

Key metrics

Price$75.12K
Market cap$1.49T
24h real volume$29.55B
24h change3.74%
Messari rank1
CategoryCryptocurrency
SectorCryptocurrency

How to frame this asset

  • Messari rank #1 by tracked market cap.
  • Price is up 3.74% over the last 24 hours.
  • Real volume over the last 24 hours is about $29.55B.
  • Tracked market cap is roughly $1.49T.
  • Best for users who want the clearest market benchmark before branching into smaller-cap assets.

Bitcoin is the first distributed, [consensus-based](https://messari.io/resource/distributed-systems), censorship-resistant, permissionless, peer-to-peer payment settlement network with a provably scarce, programmable, native currency. The Bitcoin network is an emergent decentralized monetary institution that exists through the interplay of [full nodes](https://messari.io/resource/node), [miners](https://messari.io/resource/mining), and developers. Furthermore, it is set by a social contract created and opted into by the network’s users, which is hardened through [game theory](https://messari.io/c/resource/game-theory) and [cryptography](https://messari.io/resource/cryptography).

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