Bitcoin (BTC): price, market cap and five-year record
Bottom line
Bitcoin (BTC) closed at $80,504.01 on 4 November 2026, with a market capitalisation of $1.6T (rank 1). On 30 October 2026 it was above its 200-day average of $73,115.10, which is rising. Bitcoin is the benchmark every other coin here is measured against, so it has no reading against itself.
Price
$80,504.01
as of 2026-11-04
Market cap
$1.6T
snapshot 2026-11-04
1-year change
-29%
as of 2026-10-30
30-day median volume
$21.5B
as of 2026-10-30
What it is · from the data we hold
What is Bitcoin (BTC)?
Bitcoin (BTC) is a crypto token that CoinGecko lists under smart contract platform, layer 1 (L1) and proof of work (PoW). Its highest daily close since 12 November 2021 was $124,752.53 on 6 October 2025; its lowest was $15,787.28 on 21 November 2022.
01 · the tape, against its benchmark
How has Bitcoin moved against the other Layer 1 coins?
Bitcoin is -28.6% over one year, +23.3% over 90 days and -7.4% over 30 days. Annualised 30-day volatility is 27%. Its deepest fall from a high inside the last 90 days is 11%. It trades above its 200-day average, which is rising.
BTC · rebasedLayer 1 · equal weight
Both lines rebased to 100 at the first week each has data. Bitcoin is the benchmark every other coin here is measured against; the Layer 1 line is the equal-weight index of its current rated members.
02 · returns, volatility and drawdown
What do Bitcoin's returns and risk look like?
7 days-4.7%
30 days-7.4%
90 days+23%
180 days-1.5%
1 year-29%
30-day volatility27% annualised
Deepest 90-day fall11%
200-day average$73,115.10 · above · rising
50-day average$81,889.88
03 · what the protocol actually earns
Does Bitcoin generate fees or revenue?
Bitcoin publishes 2 of the six network-economics series this site tracks: network fees, protocol revenue. Network fees over the last four complete quarters is $77.9M. Network activity is evidence about the protocol, not earnings owed to the token. Readings run to the Q3 2026 quarter.
Fees, last 30 days$6.6M
Revenue, last 30 days$0
Fees, last 90 days$20.3M
Revenue, last 90 days$0
Active addresses a day, 30-day average639,074
Transactions, last 30 days21,252,157
Source: DefiLlama, daily figures summed to 2026-10-30. Fees are what users paid; revenue is the part the protocol keeps. Active addresses and transactions are for the Bitcoin network itself.
Network fees20 of 20 quarters
Last four quarters$77.9M-71%
Protocol revenue2 of 20 quarters
Last four quarters——
Network fees
Not charted: protocol revenue (2 of 20 quarters on file). Too few quarters to draw a line.
Complete calendar quarters only. A blank quarter is unavailable, not zero. Network activity is evidence about the protocol, not earnings owed to the token.
04 · exact additive research priority
What does the evidence say about Bitcoin?
Bitcoin scores 57.1 out of 100 inside Layer 1, ranked 16 of 64 rated coins on 70% evidence. The four displayed point contributions add exactly to the total; missing evidence pulls only the affected factor toward neutral and lowers its stated coverage. It ranks research attention within one theme, never portfolio action, and it is not comparable across themes.
Bitcoin · BTC
57.1/100 · Price-led, little network data · 70% evidence · rank 16 of 64 rated Layer 1 coins
Exact sum: 23.5 + 13.2 + 5.7 + 14.7 = 57.1
What it means: Mostly a price reading: less than half of this score rests on the network's own use (fees, users, deposits), so it says little about the project itself yet.
23.5/35Price leadership
vs its theme (30 days): +9.6 pts · above its 200-day average
100% evidence
13.2/30Usage growth
Fees -71.3% · revenue — · users —
33% evidence
5.7/20Value capture
Fee yield 0.01% · revenue yield —
50% evidence
14.7/15Liquidity & risk
Typical daily trading: $21.5B · price swings: 26.8% a year
100% evidence
This weakens if: The read weakens if it makes two weekly closes below the 200-day average, or native activity contracts for two complete calendar quarters.
No valuation section exists on this page, for any coin. There is no company-style P/E or PEG for a token, and historical market capitalisation is not held at all, only a dated current snapshot, so no ten-year valuation band can be built honestly. Where a protocol publishes fees or revenue, the yield against that dated snapshot is shown above instead.
05 · the theme it competes in
How does Bitcoin compare with other Layer 1 coins?
Bitcoin is one of 73 Layer 1 coins here, 64 of which carry enough evidence to be rated and ranked. Bitcoin ranks 16 of those 64 on 70% evidence. The table below is the theme's own scorecard, in its own order, with this coin marked.
The Layer 1 scorecard in its own order, with this coin marked. Scores are within-theme and are not comparable with coins in another theme. See the full Layer 1 page.
Bitcoin is number 2 by market cap among the 604 coins with a page on this site. The 1 just larger and the 7 just smaller are listed here, each with its theme, so the comparison crosses themes. Market cap is the snapshot dated 2026-11-04.
This page names 5 ways its own evidence about Bitcoin can mislead, all listed below. The largest is that crypto network activity is not company earnings: protocol revenue does not automatically accrue to token holders. Price runs through 2026-11-04; market capitalisation is a separate snapshot dated 2026-11-04.
Crypto network activity is not company earnings. Protocol revenue does not automatically accrue to token holders.
Market capitalisation is a dated snapshot, not a point-in-time historical supply series, so yields computed against it inherit that lag.
No valuation band exists for any coin: historical market capitalisation is not held at all.
Funding rates, open interest, liquidations, exchange flows, unlock schedules and developer activity are not held and are not inferred.
The research score is relative to this coin's own theme only. It is not comparable across themes and is not an entry signal.
Price and technicalsPrice through 2026-11-04; moving averages and returns through 2026-10-30, from exchange closes; moving averages are computed, never scraped.
Protocol activityThrough 2026-10-30, for the series this token publishes.
Market capSnapshot dated 2026-11-04; no historical supply series is implied.
Decision useResearch priority within one theme. Not entry, exit, sizing or leverage instructions.
Questions the page should answer directly
Crypto analysis FAQs
These 9 answers cover the questions this page can settle from data it holds: what the category is, how the score is built, what the coverage gaps are, and what would change the read. Every answer below is also present in the page’s FAQ schema and in its plain-text rendition. None of them is a recommendation.
What is Bitcoin (BTC)?
Bitcoin (BTC) is a crypto token that CoinGecko lists under smart contract platform, layer 1 (L1) and proof of work (PoW). Its highest daily close since 12 November 2021 was $124,752.53 on 6 October 2025; its lowest was $15,787.28 on 21 November 2022.
What is the market cap of Bitcoin?
Bitcoin's market capitalisation is $1.6T, ranking it 1 in the top-1,000 crypto universe, read on 4 November 2026. It is refreshed separately from the daily price.
How does Bitcoin compare with other Layer 1 coins?
Bitcoin is the benchmark every other coin on this site is measured against, so it has no reading against itself. Its own theme, Layer 1, is -1.3% against it over 13 weeks. Bitcoin trades above its 200-day average as of 4 November 2026.
What is Bitcoin's highest price?
The highest daily close we hold for Bitcoin is $124,752.53, on 6 October 2025, in records from 12 November 2021. The lowest is $15,787.28, on 21 November 2022. The close on 4 November 2026, $80,504.01, is 35% below that high.
Does Bitcoin have a P/E ratio?
No. There is no company-style P/E or PEG for a crypto token, and no valuation band is shown on this page because the data to build one honestly does not exist: historical market capitalisation is not held, only a current snapshot. Where a protocol publishes fees or revenue, this page shows the yield against that dated snapshot instead.
What is Bitcoin's research score?
57.1/100 within Layer 1, ranked 16 of 64 rated Layer 1 coins, on 70% evidence: 23.5 + 13.2 + 5.7 + 14.7 = 57.1. It is labelled “Price-led, little network data”. The score ranks research attention inside one theme, never portfolio action.
How much Bitcoin history does this page show?
Five years of weekly closes where they exist, plus 20 complete calendar quarters of on-chain activity for the metrics Bitcoin actually publishes. Here that is network fees, protocol revenue.
How much did Bitcoin earn in the last 30 days?
In the 30 days to 30 October 2026, DefiLlama shows $6.6M of fees and $0 of protocol revenue for Bitcoin. Over 90 days: $20.3M of fees and $0 of revenue. Fees are what users paid; revenue is the part the protocol keeps.
Does Bitcoin generate network fees?
Bitcoin's trailing twelve-month network fees is $77.9M, down 71.3% on the year-earlier period. Network activity is not token-holder earnings: whether it accrues to the token depends on the protocol's own burn, buyback and distribution rules.