Bitcoin Price on March 8, 2023

Market Data

Close

$21,704

Open

$22,197

High

$22,275

Low

$21,590

1-day change

-2.23%

7-day change

-8.17%

30-day change

-4.65%

1-year change

-43.99%

All-time high as of this date

$67,559

Drawdown from ATH

-67.87%

Cycle stage

Accumulation

Halving Era 4

Block reward

6.25 BTC

Days since last halving

1,031

Days until next halving

409

On-Chain

Hash rate

284.65 PH/s

Difficulty

4.305e+13

Active addresses

656,385

Transactions

292,493

Market Sentiment

Fear & Greed Index: 50 (Neutral)

Major Event

• BRC-20 Standard Created

  An anonymous developer known as Domo creates the BRC-20 token standard using Ordinals inscriptions. The standard enables fungible token issuance on Bitcoin without smart contracts, triggering a speculative minting boom and driving transaction fees to multi-year highs.

  protocol · neutral