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36.827 2.873 L 36.864 3.99 C 36.876 4.369 36.882 4.747 36.882 5.125 L 36.882 11.615 C 36.882 11.757 36.809 11.828 36.663 11.828 Z M 22.818 11.828 C 22.659 11.828 22.598 11.752 22.635 11.597 L 26.586 0.373 C 26.622 0.267 26.701 0.213 26.823 0.213 L 29.164 0.213 C 29.299 0.213 29.384 0.267 29.421 0.373 L 33.389 11.597 C 33.439 11.752 33.383 11.828 33.225 11.828 L 31.286 11.828 C 31.165 11.828 31.085 11.775 31.048 11.668 L 28.689 4.381 C 28.567 3.99 28.446 3.607 28.324 3.228 L 27.994 2.057 L 27.957 2.057 C 27.848 2.436 27.732 2.82 27.609 3.21 C 27.5 3.589 27.384 3.967 27.262 4.344 L 24.958 11.65 C 24.921 11.769 24.837 11.828 24.702 11.828 L 22.817 11.828 Z M 25.323 9.399 L 25.744 7.661 L 30.189 7.661 L 30.628 9.399 Z M 12.919 11.828 C 12.784 11.828 12.717 11.758 12.717 11.615 L 12.717 0.426 C 12.717 0.285 12.784 0.214 12.919 0.214 L 16.76 0.214 C 18.333 0.214 19.479 0.509 20.199 1.1 C 20.918 1.68 21.278 2.531 21.278 3.654 C 21.278 4.47 21.083 5.161 20.692 5.728 C 20.314 6.284 19.748 6.668 18.992 6.881 L 18.992 6.917 L 21.936 11.58 C 21.986 11.65 21.992 11.711 21.954 11.757 C 21.93 11.805 21.875 11.828 21.79 11.828 L 19.76 11.828 C 19.655 11.831 19.556 11.777 19.504 11.686 L 16.742 7.201 L 14.912 7.201 L 14.912 11.616 C 14.912 11.757 14.839 11.828 14.694 11.828 Z M 14.912 5.516 L 16.669 5.516 C 17.51 5.516 18.119 5.374 18.497 5.09 C 18.887 4.806 19.083 4.351 19.083 3.725 C 19.083 3.11 18.906 2.672 18.553 2.413 C 18.198 2.152 17.601 2.022 16.759 2.022 L 14.912 2.022 L 14.912 5.515 Z M 5.412 12.04 C 3.804 12.04 2.596 11.668 1.791 10.923 C 0.986 10.166 0.585 9.084 0.585 7.678 L 0.585 4.362 C 0.585 2.943 0.986 1.862 1.791 1.117 C 2.596 0.372 3.804 0 5.413 0 C 7.01 0 8.211 0.372 9.016 1.117 C 9.821 1.862 10.223 2.943 10.223 4.362 L 10.223 7.678 C 10.223 9.084 9.821 10.167 9.017 10.923 C 8.211 11.667 7.01 12.04 5.413 12.04 Z M 5.412 10.178 C 6.279 10.178 6.931 9.959 7.37 9.522 C 7.809 9.073 8.029 8.423 8.029 7.572 L 8.029 4.469 C 8.029 3.618 7.809 2.974 7.37 2.536 C 6.931 2.086 6.279 1.862 5.413 1.862 C 4.546 1.862 3.889 2.086 3.437 2.536 C 2.999 2.974 2.778 3.618 2.778 4.469 L 2.778 7.572 C 2.778 8.423 2.999 9.073 3.437 9.522 C 3.889 9.959 4.548 10.178 5.413 10.178 Z M 59.488 25.96 C 59.38 25.96 59.326 25.905 59.326 25.796 L 59.326 15.351 C 59.326 15.241 59.38 15.187 59.488 15.187 L 61.849 15.187 C 63.197 15.187 64.205 15.565 64.874 16.321 C 65.542 17.068 65.877 18.203 65.877 19.726 L 65.877 21.026 C 65.877 22.682 65.548 23.921 64.891 24.743 C 64.233 25.555 63.235 25.96 61.898 25.96 Z M 60.863 24.545 L 61.8 24.545 C 62.674 24.545 63.316 24.266 63.726 23.707 C 64.136 23.148 64.34 22.27 64.34 21.075 L 64.34 19.677 C 64.34 18.635 64.136 17.862 63.726 17.359 C 63.316 16.854 62.664 16.601 61.768 16.601 L 60.863 16.601 L 60.863 24.546 Z M 50.762 25.96 C 50.664 25.96 50.616 25.905 50.616 25.796 L 50.616 15.351 C 50.616 15.241 50.664 15.187 50.762 15.187 L 53.285 15.187 C 54.396 15.187 55.215 15.439 55.743 15.944 C 56.272 16.447 56.535 17.215 56.535 18.246 C 56.535 19.036 56.396 19.677 56.115 20.171 C 55.858 20.644 55.44 21.011 54.935 21.207 L 54.935 21.223 L 56.972 25.746 C 57.037 25.889 57 25.96 56.86 25.96 L 55.468 25.96 C 55.393 25.96 55.338 25.922 55.306 25.845 L 53.398 21.486 L 52.154 21.486 L 52.154 25.796 C 52.154 25.906 52.105 25.96 52.008 25.96 L 50.763 25.96 Z M 52.153 20.154 L 53.253 20.154 C 53.867 20.154 54.309 20.006 54.578 19.71 C 54.848 19.414 54.984 18.953 54.984 18.328 C 54.984 17.692 54.848 17.242 54.578 16.979 C 54.309 16.716 53.878 16.585 53.285 16.585 L 52.153 16.585 Z M 41.428 25.96 C 41.32 25.96 41.282 25.9 41.315 25.78 L 43.983 15.318 C 44.006 15.231 44.064 15.187 44.162 15.187 L 45.828 15.187 C 45.914 15.187 45.973 15.231 46.005 15.317 L 48.706 25.78 C 48.727 25.9 48.685 25.96 48.577 25.96 L 47.202 25.96 C 47.137 25.96 47.084 25.916 47.04 25.829 L 45.455 18.92 C 45.369 18.56 45.289 18.198 45.213 17.835 C 45.138 17.473 45.062 17.106 44.987 16.732 L 44.954 16.732 C 44.889 17.106 44.819 17.473 44.743 17.835 C 44.668 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What determines the price of Bitcoin?
Bitcoin price is determined by supply and demand on open markets worldwide. Key factors include the fixed and diminishing bitcoin supply schedule, bitcoin adoption by individuals and institutions, macroeconomic conditions such as inflation and interest rates, regulatory developments, and market sentiment. Because Bitcoin trades 24/7 on global exchanges, bitcoin price reflects real-time dynamics around the clock — making it one of the most transparent asset markets.