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bitcoin

American  
[bit-koin] / ˈbɪtˌkɔɪn /

noun

  1. Often Bitcoin the first widely established cryptocurrency, which uses state-of-the-art cryptography, can be issued in any fractional denomination, and has a decentralized distribution system.

    Increasing numbers of stores and online businesses accept Bitcoin.

  2. a single unit of bitcoin, the first widely established cryptocurrency.

    The value of a bitcoin has sometimes surpassed the value of an ounce of gold.


Usage

What's the difference between bitcoin, cryptocurrency, and digital currency? See digital currency ( def. ).

Etymology

Origin of bitcoin

First recorded in 2005–10; bit 3 ( def. ) + coin

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Worries about the inflationary impact of rising crude-oil prices, coupled with a series of disappointing U.S. debt auctions, pushed Treasury yields higher last week, while stocks, precious metals and bitcoin continued to struggle.

From MarketWatch

Most important, fresh innovations could weigh heavily on bitcoin and ether’s prices, Tam said in a phone interview.

From MarketWatch

The price of bitcoin and other tokens touched record highs this past fall, only to fall into a slump that has stretched into 2026.

From The Wall Street Journal

Bitcoin developers Hunter Beast and Ethan Heilman introduced a draft proposal in 2024 to make bitcoin more resistant to quantum attacks.

From MarketWatch

Bitcoin has closed below the average price Strategy paid for its bitcoin stake every day since Feb. 3.

From MarketWatch