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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.

In the early days of bitcoin, an electronic cigarette company, a biotech firm and an iced-tea company refocused around the cryptocurrency.

From The Wall Street Journal • Apr. 15, 2026

Last summer, firms were able to raise tens of billions of dollars if they rebranded themselves as crypto-treasury companies to purchase bitcoin and more obscure cryptocurrencies.

From The Wall Street Journal • Apr. 15, 2026

“The risk-reward of buying/adding bitcoin here is improving considerably,” Richey told MarketWatch on Tuesday.

From MarketWatch • Apr. 14, 2026

The contrast between bitcoin and software stocks was on vivid display Friday.

From MarketWatch • Apr. 10, 2026

Among other queasy-induced crashes, bitcoin lost 35% of its value in less than four weeks between mid-January and early February, falling from $96,929 on Jan. 13 to $62,702 on Feb. 4.

From Los Angeles Times • Apr. 10, 2026