Btc Bitcoin
26,100 .03
+2.42%
312 .63 AUD 7,927,582 .13

Order Book BTC / AUD

Buyers
Price (AUD)Volume (BTC)
26,100 .00 1 .50000000
26,090 .02 1 .00000000
26,090 .01 0 .26470000
26,075 .02 0 .08530000
26,075 .00 1 .50000000
26,038 .07 0 .09600000
26,038 .03 0 .97049025
26,030 .07 0 .82643735
26,018 .73 0 .42024477
26,016 .13 0 .95514112
25,979 .30 8 .89670000
25,974 .07 0 .33300000
Page 1 of 69
Sellers
Price (AUD)Volume (BTC)
26,124 .98 0 .31474123
26,165 .00 1 .50000000
26,180 .99 0 .80915431
26,181 .00 0 .04040000
26,190 .00 1 .50000000
26,192 .10 0 .42033416
26,194 .72 0 .33300000
26,200 .00 1 .08601184
26,244 .20 0 .41991469
26,246 .85 0 .90248950
26,249 .99 0 .08530000
26,250 .00 0 .00055000
Page 1 of 18

Recent Trades

Time Price Volume (BTC)
1 minute
AUD 26,100 .03 0 .01159589
1 minute
AUD 26,100 .02 0 .05366244
1 minute
AUD 26,124 .98 0 .00022852
1 minute
AUD 26,124 .98 0 .00103025
3 minutes
AUD 26,109 .01 0 .33900000
3 minutes
AUD 26,090 .00 0 .27793656
3 minutes
AUD 26,090 .01 1 .00000000
3 minutes
AUD 26,100 .00 1 .00000000
4 minutes
AUD 26,100 .00 0 .25000000
4 minutes
AUD 26,075 .00 0 .00750000
6 minutes
AUD 26,090 .00 0 .25000000
6 minutes
AUD 26,085 .00 0 .01438648
6 minutes
AUD 26,035 .01 0 .01470000
6 minutes
AUD 26,050 .01 0 .08530000
7 minutes
AUD 26,032 .06 0 .69494993

Bitcoin Price

Price basics

The Bitcoin price is based off the cost of one whole Bitcoin, similar to the way that shares in a company are priced in a share market. Unlike traditional share markets, however, you may buy and sell fractional amounts of Bitcoin. For example, if the Bitcoin market price is $12 000, you can buy 0.5 Bitcoin for $6 000. You can read more about this in the What is Bitcoin page. The price of Bitcoin on Independent Reserve is purely based off the trading behaviours of our customers. As explained in the How to buy Bitcoin page, Independent Reserve is purely an open order book exchange. We do not supply Bitcoin - when you buy Bitcoin here you are simply buying it directly off another Independent Reserve customer who is looking to sell. The Bitcoin price will go up when there are more buyers than sellers, and the price will go down when there are more sellers than buyers.

Arbitraging

It's important to understand that with Bitcoin and most cryptocurrencies, exchanges are not connected. This means that on one exchange the price can conceivably be quite different to another exchange. If the market price between two exchanges diverges enough, this presents an arbitrage opportunity, where Bitcoin can be bought on the exchange with the lower price, transferred to the other exchange, and then sold for a profit. This is the main mechanism that keeps prices on different exchanges in line with each other.

Volatility

The Bitcoin price has historically been quite volatile when compared with traditional share markets. This makes it a commodity to trade, where proportionally high gains (and losses!) can be realised in relatively quick time periods.