Bitcoin (BTC), the largest cryptocurrency, just hit its long-anticipated $100,000 milestone. Here are five metrics you need to know to navigate through the opportunities the bull market unlocks for crypto traders and investors.
Bitcoin (BTC) hits $100,000 level?
Bitcoin (BTC) prices rose as the cryptocurrency gained popularity and became a new asset class like Gold, the U.S. dollar, or Crude Oil futures. At the same time, the Bitcoin (BTC) price follows a unique four-year cycle. These cycles roughly correspond to halving. Bitcoin (BTC) network halving occurs when coin issuance lowers by 50% every four years. To prevent inflation, Bitcoin (BTC) tech was hard-coded with this feature.
Bitcoin (BTC) achieved $1 in 2011, surpassing the U.S. dollar for the first time. After the 2021-2022 adverse market that collapsed Terra/Luna and FTX/Alameda ecosystems, Bitcoin (BTC) surpassed $100,000 in Q4, 2024. On November 6, 2024, the U.S. Presidential election ecstasy broke the previous high of $70,000 set in November 2021.
Top Bitcoin (BTC) metrics to track in 2025
Now, let’s review key Bitcoin (BTC) metrics every trader should know in 2025:
Bitcoin (BTC) price
USD value of BTC. It is a simple description, but the current BTC price needs explanation. Starting with “the price of Bitcoin”—the spot market BTC rate. Because Binance, Bybit, and OKX have the most liquidity, their Bitcoin (BTC)/USDT prices are less manipulable. A significant buy/sell trade on a minor exchange could affect BTC/USDT but not Binance. Like other assets, Bitcoin (BTC) values rise with demand. It’s unstable.
Bitcoiners expect 10% overnight gains. Futures BTC/USDT may change. traders should know “Kimchi premium” and “Coinbase premium.” Korean exchange Bitcoin pricing vs. Binance’s BTC/USDT. Binance’s BTC/USDT pricing and Coinbase, the largest U.S. exchange, diverge by the “Coinbase premium”. Premiums show client interest in South Korea and the US, two big crypto marketplaces. Barket cap is the price of all outstanding Bitcoins—bitcoin mining: 19.97 million BTC worth $1.1 trillion.
Bitcoin (BTC) open interest
Bitcoin open interest is the total volume of unresolved derivative contracts like futures and options. BTC-USDT derivative trading and investor interest are shown. Therefore, OI rises when contracts are created and falls when they are resolved or liquidated. More Bitcoin futures traders increase open interest, signaling market activity and price volatility. Conversely, decreasing open interest may indicate traders selling.
Analysts and traders use BTC Finally Rocketing open interest to assess market sentiment and liquidity. High price trend belief may enhance open interest and price movement. Considerable open interest without price action may indicate indecision or reversal. Market study and trading plan preparation are required. High OI requires traders to control risk.
Bitcoin (BTC) ETFs flow
Value flow into or out of spot Bitcoin ETFs is BTC ETF flow. U.S. and Hong Kong public funds operate in Q4, 2024. These flows represent Bitcoin investor sentiment, affecting the cryptocurrency market. Inflows spur Bitcoin ETF purchases and BTC baskets. When short-term optimism is high, Bitcoin’s price rises due to demand. Investors sell ETF shares, decreasing holdings.
This signals bearishness and may enhance BTC prices. Because they reflect institutional and retail Bitcoin investment in a regulated and traditional way, BTC ETF movements are closely watched. Bitcoin flows indicate market dynamics, risk appetite, and mainstream financial adoption. Large ETF issuers, including iShares, Grayscale, Fidelity, and Bitwise, are followed by cumulative ETF traffic.
Bitcoin (BTC) hash rate
The entire computing power required by Bitcoin (BTC) miners to secure and validate transactions is called hash rate. Hashes per second (H/s) indicate the number of cryptographic puzzle calculations needed to add a new block to the chain. A larger hash rate makes it harder for hostile actors to control most of the mining power, making the network more secure. This shows miners’ confidence in investing in modern computers and electricity.
A falling hash rate may indicate mining profitability or geopolitical issues like energy limits or regulatory crackdowns. When the hash rate drops, miners turn off their equipment, expecting lower rewards and a BTC price reduction. As the Bitcoin (BTC) price drops, fewer ASICs (mining computers) can profitably mine it. Bitcoin’s (BTC) hash rate exceeded 800 Ehashes per second in December 2024.
Bitcoin (BTC) difficulty
Bitcoin (BTC) difficulty is an auto-adjustable measure of how tough it is for miners to solve cryptographic problems and sign the next BTC block. Based on the network’s computing power (hash rate), this measure changes every 2,016 blocks or two weeks. The purpose of this change is to keep block production time around 10 minutes independent of mining activity.
When the hash rate rises, Bitcoin (BTC) network difficulty improves. Miners reduce hash rate, lowering Bitcoin (BTC) difficulty in the upcoming bi-weekly adjustment. This unique self-regulating technology secures the Bitcoin network and predicts BTC issuance. It also stabilizes Bitcoin (BTC) block time: Network participants mine a new block in 10 minutes, regardless of price volatility.
Summary
Bitcoin (BTC) is the largest cryptocurrency in terms of price and market capitalization. In late Q4 2024, it conquered $100,000 for the first time ever. Bitcoin (BTC) price and market capitalization, Bitcoin Open Interest on futures and options, spot Bitcoin (BTC) ETFs flow, BTC Finally Rocketing network hash rate, and difficulty are key metrics for Bitcoin (BTC) network status in 2025.