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Bitcoin

AUD 89,931.24

-2.00% past month

Global Rank

#1

Market Cap (USD)

USD 1.28T

24H Volume (USD)

USD 27.73B

24H Change

-2.00%

24H Price History

Buyers 80.4%

  • Deposit Enabled

  • Withdrawals Enabled

Bitcoin is on the incline in the last 7 days

In the past 24 hours, the price of Bitcoin has decreased by 2.0%. Its price has risen by 0.9% in the last 7 days. The current price per BTC is AUD 89,931.24 AUD.

Using the Bitcoin price chart

The candlestick chart above shows Bitcoin price in Australian dollars (AUD). This live chart tracks the price of Bitcoin back to 2013. Using the timeframes, you can select the period you'd like to see and see the live price of Bitcoin today.

Understanding how to read a candlestick chart is crucial when performing crypto technical analysis. Candlestick charts track the daily price movements of an asset and are often used to track patterns in the market.

To learn more, check out our guide to candlestick charts on Swyftx Learn.

Bitcoin price volatility

Historically, Bitcoin's price has been quite volatile compared to traditional assets like stocks and commodities. The Bitcoin price fluctuates based on a number of factors. Often, bad news will cause the price to drop. For instance, when China announced that it would be banning Bitcoin mining, the price of BTC dropped by over 30% in a couple of days. 

It must be noted, however, that following every major Bitcoin crash, the market has bounced back. After the historic bull run of 2017, the market crashed 88%. This caused many people to question if Bitcoin would ever recover. Yet, between the crash and the ATH of 2021, the price increased by 2,500%

In 2024, the approval of spot Bitcoin ETFs in the United States helped push the coin to a then all-time high of US $73,000, a 3-month gain of 58.7%. This was followed by the election of Donald Trump as US President. With many in the market expecting pro-crypto policies, BTC surpassed US $100k for the first time within weeks of his election victory. 

View our full list of crypto prices in Australian dollars

The different types of Bitcoin wallets

There are several types of Bitcoin wallets. When you buy Bitcoin from a trading platform like Swyftx, it is automatically stored on your behalf in what is referred to as an exchange wallet. From there you can transfer to an external wallet such as a browser or app wallet (i.e. MetaMask), software wallet or hardware wallet. A hardware wallet, like the Ledger Nano, is a physical device that stores crypto offline (i.e. is not connected to the internet). These types of wallets are often considered to be more secure than wallets that are connected to the Internet as it reduces the threat of online theft. 

Related: Discover how to create a Bitcoin wallet.

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‘Swyftx’ is a brand of Swyftx Pty Ltd (ABN 72 623 556 730, AFSL 568543). Swyftx’s spot cryptocurrency exchange services are not provided under Swyftx’s AFSL and are not issued, arranged, distributed or authorised by Eightcap Pty Ltd (ABN 73 139 495 944, AFSL 391441) (Eightcap), Web3 Loans Pty Ltd (ABN 48 668 516 952) or Web3 Ventures Pty Ltd trading as Block Earner (ABN 63 655 090 869, ACL 551024) (Block Earner). Derivative products are issued by Eightcap and distributed by Swyftx. Credit products are provided by Block Earner. Swyftx is an authorised credit representative of Block Earner (Credit Representative No 579667). 

The information on this website is general in nature and does not consider your objectives, financial situation or needs. You should consider whether this is suitable for you and your personal circumstances. Any statistics, price references, graphics or information on this page related to the performance of any asset, market or trading account are not indicative of current performance and should not be relied upon when making a decision to invest. This website is not targeted at the public, nor residents, of any specific country and is not intended for distribution to residents in any jurisdiction where that distribution would be unlawful. Digital assets are volatile and carry high levels of risk, you may lose some or all of your investment. Derivative products are highly speculative and carry significant risk. Credit products are subject to lending criteria. Before making any decision about whether to acquire a product, you should read the applicable Terms of Service and, where relevant, the PDS, FSG, Credit Guide and TMD available on Swyftx’s website, as well as the respective product issuer’s website (if applicable).