Exchange Rate Calculator

As of May 3, 2025, Bitcoin (BTC) is trading at approximately NT$2,763,420 per coin. This marks a significant increase from its value in previous years, reflecting the cryptocurrency's substantial growth and volatility.

Recent Performance

In the past 24 hours, Bitcoin's price has experienced a slight decline of 0.63%, moving from NT$2,904,156.77 to NT$2,885,841.74. Over the last seven days, the price has seen a modest increase of 1.0%. These fluctuations are characteristic of Bitcoin's market behavior, influenced by various factors including investor sentiment, regulatory developments, and macroeconomic trends.

Historical Context

Bitcoin's journey over the past few years has been marked by significant volatility. In October 2021, BTC reached a high of approximately NT$2,289,162.92. However, by October 2022, the price had declined to around NT$927,254.97. This downward trend continued into 2023, with the price reaching NT$1,114,477.40 by October 31, 2023. The current price of NT$2,763,420 represents a significant recovery and growth from these previous lows.

Market Capitalization and Supply

Bitcoin's market capitalization stands at approximately NT$54,933,380,319,209, with a circulating supply of 19,838,918 BTC out of a maximum supply of 21,000,000 BTC. This scarcity contributes to its value proposition as a digital asset.

Factors Influencing BTC/TWD Exchange Rate

Several factors influence the BTC/TWD exchange rate:

• Global Bitcoin Demand: Increased adoption and investment in Bitcoin globally can drive up its price.

• Regulatory Environment: Changes in cryptocurrency regulations within Taiwan and internationally can impact investor confidence and demand.

• Macroeconomic Conditions: Economic indicators such as inflation rates, interest rates, and currency stability in Taiwan can affect the TWD's strength relative to Bitcoin.

• Technological Developments: Advancements in blockchain technology and Bitcoin's network can influence its utility and, consequently, its value.

Conclusion

The BTC/TWD exchange rate has exhibited significant volatility over the past few years, reflecting broader trends in the cryptocurrency market. As of May 3, 2025, Bitcoin's value in New Taiwan Dollars demonstrates substantial growth from previous years, underscoring its resilience and the dynamic nature of digital asset markets.