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Exchange Rate Calculator
Convert between currencies and track historical exchange rates
Amount
322,060.00 CNY
Exchange Rate
as of June 05, 2025 at 5:20 PM
1 BTC =
322,060.00 CNY
Market analysis of BTC to CNY currency exchange rates
Analysis as of April 2025
As of June 3, 2025, Bitcoin (BTC) is trading at approximately ¥600,470 per coin. (coingecko.com) This marks a significant increase from its value in previous years, reflecting the cryptocurrency's growing adoption and market dynamics.
Recent Performance
Over the past month, Bitcoin has experienced a decline of approximately 13.7% against the Chinese Yuan (CNY). (coingecko.com) This downturn aligns with broader market trends, as the overall cryptocurrency market has also seen a decrease of about 15% during the same period. Despite this short-term decline, Bitcoin's year-over-year performance remains strong, with a 27% increase compared to its value one year ago.
Historical Context
To put the current BTC/CNY exchange rate into perspective, consider its value in previous years:
2021: Bitcoin's price fluctuated significantly, reaching a high of approximately ¥417,791.63 in October. (freecurrencyrates.com)
2022: The cryptocurrency experienced a downturn, with its value dropping to around ¥152,602.01 by October. (freecurrencyrates.com)
2023: Bitcoin began to recover, with its price climbing back to approximately ¥438,073 by the end of the year. (coinlore.com)
These fluctuations highlight Bitcoin's volatility and the various factors influencing its valuation over time.
Market Capitalization and Trading Volume
Bitcoin's current market capitalization stands at approximately ¥11.9 trillion, with a 24-hour trading volume of around ¥168.4 billion. (coingecko.com) These figures underscore the cryptocurrency's significant presence in the financial markets and its role as a leading digital asset.
Factors Influencing BTC/CNY Exchange Rate
Several factors contribute to the BTC/CNY exchange rate:
Global Cryptocurrency Market Trends: Bitcoin's value is influenced by global market dynamics, including investor sentiment, regulatory developments, and technological advancements.
Chinese Regulatory Environment: China's regulatory stance on cryptocurrencies has evolved over the years, impacting Bitcoin's adoption and trading within the country.
Macroeconomic Factors: Economic indicators, such as inflation rates and monetary policies, can affect both Bitcoin's value and the strength of the Chinese Yuan, thereby influencing the exchange rate.
Conclusion
The BTC/CNY exchange rate has demonstrated significant volatility over the past few years, reflecting the dynamic nature of the cryptocurrency market and external economic factors. While recent months have seen a decline in Bitcoin's value against the Yuan, its long-term growth trajectory remains positive. Investors should stay informed about market trends and regulatory developments to make well-informed decisions regarding Bitcoin investments.