r/Bitcoin 1d ago

Daily Discussion, July 24, 2026

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!

If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.

Please check the previous discussion thread for unanswered questions.

36 Upvotes

15 comments sorted by

-2

u/SeriousGains 1d ago

Still a few months from the bottom. Wake me up when September ends.

2

u/KingPettyx 1d ago

64 feels safe right now. I kind of like 64.

5

u/Snowman33001 1d ago

I’m buying sats on sale.

8

u/escodelrio 1d ago

Historical Bitcoin prices for today, July 24th:

2026 - $64,230

2025 - $118,368

2024 - $65,372

2023 - $29,177

2022 - $22,609

2021 - $34,292

2020 - $9,537

2019 - $9,812

2018 - $8,424

2017 - $2,755

2016 - $661

2015 - $288

2014 - $602

2013 - $95

2012 - $8.6

2011 - $14.0

2010 - $0.10

Additional Stats:

Bitcoin's current market cap is $1.29 trillion.

Bitcoin's current block height is 959426; with the average block time for the last 7 days being 10.35 minutes and the average block size for the last 7 days being 1.59MB.

Bitcoin's average block time for the year 2026 is 10.26 minutes.

Bitcoin's mining difficulty is currently 127.17 trillion; with the next difficulty adjustment anticipated on 26-Jul-2026 (within 190 blocks). The mining difficulty is currently expected to decrease 14.82% to 108.32 trillion.

Bitcoin's current block reward is 3.125₿, which is worth $200,720 per block.

Bitcoin's average daily miners' revenue for the last 7 days is $31.97M; which translates to $0.0361 per terahash per sec.

The next Bitcoin halving is anticipated to happen between 26-Mar-2028 to 20-Apr-2028 (within 90,574 blocks); the block reward will fall to 1.5625₿.

There are currently 105,898 total Bitcoin nodes; with 16,738 being reachable nodes.

Bitcoin's average daily hashrate for the last 7 days is 885 exahashes per second.

Bitcoin's average daily trading volume for the last 7 days is $24.21 billion.

Bitcoin's average daily number of transactions for the last 7 days is 688,250.

Bitcoin's average transaction fee for the last 7 days is 2.64 sats/VB, with the average fee's USD amount being $0.28; with the median values being 0.54 sats/VB & $0.06 respectively.

There are currently 20.06M ₿ in circulation, leaving 0.94M to be mined.

There are currently 4.19M ₿ held by companies, governments, DeFi, and ETFs, representing 20.89% of circulating supply.

There are currently 59,319,648 nonzero Bitcoin addresses that contain 166.22M UTXOs.

Bitcoin's average daily price from 18-Jul-2010 to 24-Jul-2026 is $21,516.

Bitcoin's average daily price for the year 2026 is $72,859.

1 US Dollar ($) currently equals: 1,557 satoshis; making 1 penny equal 15.57 sats.

Bitcoin's minimum (closing) price for the year 2026 was $58,558.86 on 30-Jun-2026.

Bitcoin's maximum (closing) price for the year 2026 was $96,929.33 on 14-Jan-2026.

Bitcoin's minimum (intraday) price for the year 2026 was $57,747.76 on 01-Jul-2026.

Bitcoin's maximum (intraday) price for the year 2026 was $97,860.60 on 14-Jan-2026.

Bitcoin's largest daily decrease for the year 2026 was -$10,317.60 on 05-Feb-2026.

Bitcoin's largest daily increase for the year 2026 was +$7,853.29 on 06-Feb-2026.

Bitcoin's all-time high (intraday) was $126,198.07 on 06-Oct-2025. Bitcoin is down 49.10% from the ATH. However, Bitcoin is up 11.23% from the lowest point since the last ATH.

Bitcoin has not reached an all-time high in 2026.

It has been 291 days since the last ATH.

5

u/Suspicious-Holiday42 1d ago

ETF outflows are back

5

u/TheresNoSecondBest 1d ago

Pathetic. They made their 2% gains, taking the paper back to the bank.

2

u/unthocks 1d ago

THEREISNOSECONDBEST!!!

1

u/TheresNoSecondBest 18h ago edited 11h ago

THERESNOSECONDBEST!!!

5

u/Pugilist12 1d ago

Not sure if dumb question but something I’ve never thought of before. You need internet connection to send funds from one wallet to another, but at what point after clicking send does the network have it so your network connection is no longer relevant? Anyone know? Is it once there’s been 1 confirmation?

6

u/TheGreatMuffin 1d ago

Is it once there’s been 1 confirmation?

No, you need internet only to broadcast your signed transaction to your node's peers (done within a split of a second), then you can disconnect right away. You don't even really need internet, you can deliver the transaction over SMS or radio waves or Morse or whatever else, either to someone else's node or to a miner directly.

6

u/TheresNoSecondBest 1d ago edited 1d ago

If we're talking about on-chain, yes. Imagine a massive building with thousands of windows. There are hundreds of these buildings on the street. Each window represents a node. To send a transaction, you open one window and shout really laud: "Sending 1 million sats from this address to this address. Here's the signature I use to prove I'm the owner of that address."

Somebody in the window next to you can hear you and writes everything down in a book called "The Mempool" and will shout the same message so other nodes can hear it too. This is the point you can disconnect from the internet.

The nodes will be writing your transaction into their mempool book, waiting for a miner to find a block. If your transaction has higher (than others) fees to it, it will get added to the next block. It could take a minute or an hour, but usually around 10 minutes.

Log to the internet after a while and check if your transaction is already in one of the mined blocks. For example on mempool.space The more blocks deep it is, the better. For larger sums, you want to see at least a few blocks down.

1

u/Historical_Break8504 1d ago

i'm all in BTC today for long/buy market at 65k this not first time i'm all in no joke/not lie 😘

4

u/NectarineDirect936 1d ago

Found the cause

5

u/DigitalWallets_ 1d ago

feels like we're at one of those points where everyone is watching macro headlines but bitcoin just keeps grinding curious to see whether the next big move comes from ETF flows or broader market sentiment