Exchange Rate Calculator

As of June 3, 2025, Bitcoin (BTC) is trading at approximately £66,027.38 per BTC. (coingecko.com) This reflects a 3.5% increase over the past 24 hours and a 2.1% rise over the past week. Over the last month, however, BTC has experienced a decline of approximately 13.3% against the British Pound Sterling (GBP). (coingecko.com)

Recent Price Movements

In the past 24 hours, Bitcoin's price has fluctuated between £62,459.88 and £64,559.29. (binance.com) Over the past week, the price ranged from a low of £62,591 on Friday to a high of £66,036 on Thursday. (coingecko.com) These fluctuations highlight Bitcoin's inherent volatility, influenced by factors such as market sentiment, regulatory developments, and macroeconomic indicators.

Market Capitalization and Trading Volume

Bitcoin's current market capitalization stands at approximately £1.31 trillion, with a circulating supply of 19,839,246 BTC. (coingecko.com) The 24-hour trading volume is around £28.84 billion, indicating robust market activity. (coingecko.com) These figures underscore Bitcoin's dominant position in the cryptocurrency market and its significant liquidity.

Historical Context

Bitcoin reached an all-time high of £89,248.95. (coingecko.com) Since then, the price has experienced corrections, reflecting the cyclical nature of the cryptocurrency market. Despite recent declines, Bitcoin's price remains substantially higher than its value a year ago, indicating long-term growth.

Factors Influencing BTC/GBP Exchange Rate

Several factors contribute to the BTC/GBP exchange rate:

• Market Sentiment: Investor perception and confidence in Bitcoin significantly impact its price.

• Regulatory Developments: Changes in cryptocurrency regulations in the UK and globally can influence Bitcoin's value.

• Macroeconomic Indicators: Economic data, such as inflation rates and interest rates, affect both Bitcoin and GBP valuations.

• Technological Advancements: Developments in blockchain technology and Bitcoin's network can impact its adoption and price.

Conclusion

Bitcoin's exchange rate against the British Pound has shown both short-term volatility and long-term growth. While recent trends indicate a decline over the past month, the overall trajectory suggests resilience and continued interest in Bitcoin as a digital asset. Investors should remain informed about market developments and consider various factors influencing the BTC/GBP exchange rate when making investment decisions.