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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.

The film’s vintage patina doesn’t detract from rising actor Will Price’s confident performance as an immature mobster who prefers bitcoin to stacks of Benjamins.

From Los Angeles Times

It seems like bitcoin can’t catch a break.

From MarketWatch

That may have investors wondering what it would take to get bitcoin out of this rut.

From MarketWatch

Bitcoin was trading at its lowest level since the November 2025 plunge, and may risk dipping below $80,000 for the first time since April 2025’s tariff-related selloff, according to Dow Jones Market Data.

From MarketWatch

“In my personal view, bitcoin’s continued weakness and its consolidation around the 84,000 USD area do not stem from any deterioration in bitcoin’s underlying fundamentals,” Linh Tran, a senior market analyst at XS.com, wrote in an email.

From MarketWatch