BTC to USDC conversion chart
Bitcoin to USD Coin correlation
BTC and USDC are not correlated to each other as BTCs value depends on the supply and demand. Whereas, USDC is a stablecoin that is backed by traditional fiat like the dollar and the euro. USDC’s value remains the same, which is $1 regardless of the market conditions. Hence, BTC and USDC do not share a strong relationship.
BTC Price Change and Market Cap
Currently, the BTC price is 63102.43 USDC. According to the Bitcoin price chart, the 24-hour change is -0.50%. The total market capitalization of Bitcoin is $725379471 with 718260828.42 BTC in circulation. In the previous 24 hours, the Bitcoin price hit highs of 63344.94 USDC and lows of 61772.54 USDC.
Bitcoin Price Prediction
Bitcoin is the most valuable cryptocurrency with a market cap of over $170 Billion as of June 2020. BTC is popular for the huge return on investments with a ROI close to 7,000%. Bitcoin price reached a peak of $20,089.00 on December 17, 2017. At the beginning of 2020, the Bitcoin price was $7,207.59 and it grew exponentially for the whole of January. In February, BTC price crossed the long-awaited ten thousand dollar mark. Unfortunately, Bitcoin price plummeted in the following months and BTC touched the lows of $4,656.31 on March 16 alongside the COVID-19 pandemic outbreak.
Technical analysis suggests that by 2025, Bitcoin price will be closer to $100,000. On the other hand, many crypto enthusiasts suggest that Bitcoin will hit the Million Dollar mark in 2025, we want it to happen too. For more detailed Bitcoin price prediction check our detailed analysis below.
Bitcoin Wallets
Don’t have a wallet yet?
If you are looking for a software wallet, pick Exodus, if security is your major priority, choose either Trezor or CoolWallet S. In all these wallets you can track the live bitcoin price as well as other cryptocurrencies. Either way, you will be able to exchange Bitcoin at the best rates with ChangeHero in these wallets.
BTC to USDC exchange margin
The closing conversion rate for BTC to USDC yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 BTC to USDC would result in an output of 63102.43 USDC.
How to convert Bitcoin to USD Coin
Bitcoin and USD Coin comparison
Bitcoin was developed by Satoshi Nakamoto in 2009 with the idea of providing a peer-to-peer payment system using blockchain technology. Bitcoin network is decentralized and has an immutable record of transactions. The sole purpose of Bitcoin is to enable a means of payment system for people to transact value without any middlemen.
USD Coin was developed by the consortium of Circle and Coinbase. USDC is a stablecoin issued on the Ethereum network. USD coin is backed by the US Dollar to maintain the price of the token at $1. Monthly audits of the collateral are published to ensure transparency.
What is Bitcoin?
Bitcoin is a blockchain-based digital currency; it is a peer-to-peer version of electronic cash which allows the payments to be made without any intermediaries such as financial institutions. Bitcoin trades under the ticker symbol BTC. Launched in 2009 by Satoshi Nakamoto, Bitcoin is aimed at giving the masses financial freedom and developing a trustless economy.
Bitcoin is the first cryptocurrency based on blockchain technology. BTC remains to be the most popular digital currencies despite the inception of plenty of altcoins. In recent years, Bitcoin price sky-rocketed and captured the attention of many investors all over the world. Many merchants across the globe are now accepting payments in this cryptocurrency.
Some of the advantages of using the Bitcoin include lower transaction fees, high security and decentralization. The impact of this cryptocurrency is so huge that it led to the development of many other virtual currencies often referred to as altcoins. Bitcoin laid the foundation for the much-needed cryptocurrency industry in the past decade.
Bitcoin to USD Coin price details
BTC to USDC Conversion Rate and Price
At the moment, the conversion rate for 1 BTC equals 63102.43 USDC. The 24-hour highest price of BTC in relation to USDC was 63344.94 USDC and the lowest was 61772.54 USDC. In short, BTC price in relation to USDC changed by -0.50%.
Instantly Exchange BTC to USDC
On ChangeHero you can instantly exchange Bitcoin to USD Coin without registrations. You can easily convert BTC to USDC in a few clicks without worrying about the rates and fees. ChangeHero offers both the Best Rate and Fixed Rate for your BTC to USDC exchange.
BTC to USDC Best Rate Exchange
In the Best Rate exchange of Bitcoin to USD Coin, we search through various exchanges for the BTC to USDC pair and find the best rate available in the market. We provide you with an estimation of the amount of USDC you will receive.
As soon as you accept the terms and the BTC is deposited, the exchange will be automatically processed. We remind you that the final amount of USDC you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of BTC to USDC.
BTC to USDC Fixed Rate Conversion
In the Fixed Rate exchange of Bitcoin to USD Coin, ChangeHero finds a good rate for the pair BTC to USDC and fix the rate for up to 15 minutes. In the Best Rate exchange of BTC to USDC, you will receive the exact amount of USDC which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the specified USDC address. ChangeHero is the best place to exchange BTC to USDC fast and safe at the best rates.
Frequently asked questions
How long does it take to convert BTC to USDC?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange BTC to USDC?
No, you do not require an account to swap BTC to USDC on ChangeHero. There will be no registrations for your Bitcoin to USD Coin transaction.
Do I need to go through KYC procedures for BTC to USDC exchange?
There will be no KYC for the BTC to USDC exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure that takes a few minutes.
Can I exchange USDC to BTC?
Yes, you can instantly exchange USDC to BTC on ChangeHero.
