Live Bitcoin Price (BTC/USD)

What the spot number is and how it is set

The spot price is the current market price for one bitcoin in US dollars, formed by the continuous matching of buy and sell orders across venues. There is no single official print; the number you see is a composite of trading on the venues that dominate volume, which is why different screens can show slightly different figures at the same moment.

For a Philippine trader the reference price near 77000.0 is a dollar figure. Your account may be in USD or in pesos, so the peso value of a position also moves with the USD/PHP rate. That is a second exposure layered on top of the bitcoin move, and it is worth remembering when you size a trade.

Why the broker's price differs: the spread

The price you trade at is not the spot number; it is the broker's quote, which sits around the spot with a spread between the bid and the ask. You buy at the ask and sell at the bid, so the spread is a cost you pay on entry and again in effect on exit, and it is the first thing a new position has to overcome.

The width of that spread depends on the venue, the account type and, above all, the moment. In quiet hours it is one thing; around a major data release or a crypto-specific event it can widen sharply. Treat the spread as a variable cost, not a fixed one, and avoid measuring a strategy on the assumption that it stays constant.

Reading the change and the refresh

The change figure shows how far price has moved over the stated interval, usually as an absolute amount and a percentage. It answers what has already happened, not what will happen, so read it as context for volatility rather than as a signal. A large change means the market is moving; it does not mean it will keep moving the same way.

Refresh timing matters because bitcoin quotes update continuously. If you are working from a snapshot, check the timestamp before you act, and re-read the price after you have sized the trade. A fast market can move several dollars between the moment you calculate a stop and the moment the order reaches the book.

How this price feeds the calculators

The live price is the anchor for every tool here. Position size uses your entry and stop, pip value uses the lot size, margin uses the notional at the applicable leverage cap, and profit and loss uses entry and exit. Change the price and every output changes with it, which is why the calculators are only as good as the price you put in.

Use the live number as the starting point, then enter your own planned entry and stop rather than the current price alone. The gap between the two is the risk you are actually taking, and that gap, not the headline price, is what the position-size calculator is built to control.

Where the number on this page comes from and what its latency means

The figure on this page is a spot reference for bitcoin against the US dollar, built by aggregating traded prices from venues that quote BTC/USD, and it is not a live feed straight from a single matching engine. Because it is assembled and then published, there is a short delay between the last trade on those venues and the number you see. That delay is the latency, and for a fast instrument like bitcoin it can matter more than the decimals suggest.

Latency means the number you read is a record of what bitcoin was worth moments ago, not a promise about what anyone will pay now. On a quiet Asian session the gap between the displayed figure and the next print is usually small; during a news spike or a thin weekend book it can widen quickly, because the underlying venues are repricing faster than the page can republish. Treat the reference as orientation, not as an executable price.

For a Philippine trader this matters at the moment you decide to act, not while you are browsing. If you plan to size a position in pesos, convert at the reference to get a rough ₱ figure, then confirm against the quote your platform shows before you send an order. The reference tells you the neighbourhood; the broker's quote tells you the street address. Funding through GCash or bank transfer does not change either number, only how quickly your margin arrives.

Why a broker's quote differs from a reference price

A broker's quote differs from a reference price because the broker is showing you the price at which it will take the other side of your trade, and that price includes the cost of doing business. A reference aggregates public venue prints; a broker builds a tradeable quote from its own liquidity and then applies its markup. Two different jobs, so two different numbers, and the difference is normal rather than a fault.

The size of that difference depends on the broker's liquidity arrangements, the time of day, the size you are trying to trade and how volatile bitcoin is at that moment. None of those are fixed, so the gap between a reference and a tradeable quote is not a constant you can memorise. What you can rely on is direction: the tradeable quote is the one that governs your entry and exit, and the reference is only context around it.

FxPro serves Philippine clients through the FxPro entity that serves this country, on MT4, MT5, cTrader and the FxPro app, and the caveat to keep in mind is that FxPro is licensed by the FCA (UK) and CySEC, not by the SEC of the Philippines. That regulatory point does not change the pricing mechanics, but it does mean your recourse and protections follow the licensing entity rather than local Philippine rules, so read the quote on your own platform rather than trusting a third-party screen.

Bid, ask and the gap between them

Bid is the price at which the broker will buy from you, meaning the level you hit when you sell; ask is the price at which the broker will sell to you, meaning the level you pay when you buy. The ask sits above the bid, and the distance between the two is the spread. You open a long position at the ask and close it at the bid, so the spread is a cost you meet on entry and again on exit.

The gap is not a fixed number and it is not something this page can quote for you, because it depends on the broker's liquidity, the prevailing volatility and the size of your order. What you should understand is the arithmetic: with one pip equal to 1.0 on BTC/USD and one standard lot equal to 1 BTC, a 0.10-lot position moves in increments of 0.10 per pip, so the spread is paid in proportion to your size. A wider gap costs more per lot, and it costs you the moment you open.

Practically, this means the reference price on this page is not the price you get. If the reference reads around 77000.0, your buy fills at the ask and your sell fills at the bid, and the difference is already a small loss on the position. Plan entries with that in mind, especially on short holding periods where the spread is a large share of the move you are trying to capture.

What a stale quote looks like and what to do about it

A stale quote looks like a price that has stopped moving while the rest of the market has not, and the giveaway is a chart that flatlines through a period when bitcoin is clearly active elsewhere. On a platform it can also appear as a quote that refuses to update on refresh, or one whose bid and ask sit at the same level for longer than the instrument's normal rhythm. Treat any of those as a signal to stop and check.

The right response is to stop trading that instrument until the feed recovers, not to assume the frozen number is a bargain. A stale quote is a data problem, and an order sent into it may fill at a price that no longer reflects the market, or be rejected outright. Refresh the platform, check a second independent source, and if the discrepancy persists, contact the broker's support rather than trying to trade around it.

Staleness also shows up around scheduled maintenance and at the boundaries of the trading week, when liquidity thins and updates arrive more slowly. Because bitcoin trades continuously on the underlying market but a broker's feed may not, the mismatch is most visible exactly when you are least likely to be watching. Build the habit of confirming the quote is live before you size anything, and never leave a pending order resting on a number you have not seen move.

How often this figure refreshes and what a stale one looks like

This figure refreshes on a short cycle rather than tick by tick, so what you see is a recent snapshot rather than every individual trade. That is deliberate: a page that republished every print would be unreadable and heavier than it needs to be. The practical consequence is that between refreshes the number can lag the market, and the lag grows whenever the underlying venues are moving fast.

A stale figure on this page looks like a value that has not changed across several refreshes while the surrounding market is clearly moving. You can test it by comparing against a second source, or by watching whether the change indicator stays flat through a period when bitcoin is known to be active. If the number is frozen, the honest reading is that you do not know the current price, not that the price has settled.

For decisions, the refresh rate here is good enough for context and rough peso conversion, and not good enough to time an entry. Your broker's platform is the live instrument, and that is where the executable quote lives. Use this page to understand where bitcoin sits, then move to MT4, MT5, cTrader or the FxPro app to see the number your order will actually meet.

The difference between a spot reference and the broker's tradeable quote

A spot reference is a published estimate of where bitcoin trades; a broker's tradeable quote is a binding offer to transact at a stated price for a stated size. The reference describes the market, the quote commits the counterparty. That distinction is why the two numbers can sit a few cents apart, and why only one of them determines what your account is debited or credited when the order fills.

The tradeable quote carries the costs: the bid-ask gap, and any financing charges that apply to positions held beyond the broker's cut-off. The reference carries none of those, which is why comparing the two directly can make the broker look worse than it is. What the broker is doing is quoting a price it will honour, and honouring a price costs money to arrange, so the quote is built to include that.

For sizing at the applicable leverage cap, remember the worked figure: a 0.10-lot bitcoin position needs about $385.00 margin. That number is derived from the cap, not from the reference, and it will not shift because the page refreshes. Your fill price, by contrast, comes from the broker's quote at the instant of execution, so treat the reference as the map and the platform quote as the ground under your feet.

Weekend and holiday pricing

Bitcoin trades around the clock, but the market that prices it does not have uniform depth on weekends and holidays, so quotes can behave differently then. Liquidity thins when the major desks are closed, and thinner liquidity means wider gaps between bid and ask and larger jumps between prints. The reference may still update, but the tradeable quote around it can move in bigger steps than it would on a Tuesday afternoon in Manila.

Holidays add a second layer, because bank rails slow down even when the trading platform does not. If you are funding through GCash or bank transfer, a holiday can delay your margin reaching the account while the price keeps moving, which is a timing risk separate from the market risk. Plan funding ahead of long weekends rather than during them, and do not assume a transfer initiated on a holiday settles at the speed you are used to.

The practical rule is to widen your expectations, not your position. Around weekends and Philippine holidays, expect the bid-ask gap to be less predictable and size accordingly, keeping in mind the cap on leverage is a ceiling and not a target. A smaller position gives you room for a quote that jumps, and it keeps a thin-liquidity surprise from turning into a margin problem you did not plan for.

Why two sources disagree by a few cents and which one your order fills against

Two sources disagree by a few cents because they are measuring slightly different things at slightly different moments. One may aggregate venue prints, another may sample a single venue, and each publishes on its own cycle, so even an identical methodology would produce small differences from timing alone. Add differing venue weights and you get the few-cent gaps you see between screens.

Neither source is wrong in that situation; they are answering different questions. A reference answers what bitcoin is generally trading at, while a broker answers what it will trade at with you, right now, at your size. When the two diverge, the divergence is information about the cost and timing of execution, not evidence of an error on either side. Chasing the discrepancy is usually wasted effort.

Your order fills against the broker's quote, full stop. The platform you use, whether MT4, MT5, cTrader or the FxPro app, shows the bid and ask that your ticket will execute against, and that is the number that hits your account. The reference on this page is context. If you ever need to know why a fill differed from what you saw here, the answer will be found in the broker's quote history, not in this screen.

What the bid-ask gap does around the daily close

Around the daily close the bid-ask gap usually widens, because that is when positions are rolled, books are squared and liquidity providers step back before re-entering. The exact behaviour depends on the broker and the session, but the pattern to expect is a gap that is less predictable for a window around the close rather than a gap that stays put. Do not assume the spread you saw an hour earlier is the spread you will get.

For a leveraged bitcoin position this matters because the close is also when financing is applied to positions held through it. Combined with a wider gap, the cost of carrying a position across the close is higher than the cost of carrying it during the active session, and that is a planning issue rather than a market call. If your strategy does not depend on holding through that window, closing before it avoids paying for liquidity you are not using.

The leverage cap does not protect you from this; it only limits how large a position you can carry. With a 0.10-lot position needing about $385.00 margin at the applicable cap, a wider gap around the close eats into that buffer faster than a normal-session gap would. Watch the quote in the minutes around the close, and if the gap is unusually wide, wait rather than paying for the privilege of entering at the worst moment.