Number of Bitcoins in circulation 2012-2019

In the third quarter of 2019, there were 17.97 million Bitcoins in the world. Bitcoin is a virtual currency. It can be bought and sold through online exchanges or ATMs. Since the technology is still new, retailers are still reluctant to accept payment in Bitcoin.

Currency or asset?

Bitcoin’s use in making transactions is a minor factor in what motivates consumers to invest in Bitcoin. More are interested in the technology behind the currency or see it as an investment. As such, many pay more attention to indicators such as market capitalization, trying to use Bitcoin’s volatility to profit. This volatility makes Bitcoin an attractive albeit risky investment, but it may be a major factor in merchants’ reluctance to use it for transactions.

The cryptocurrency market

Bitcoin is no longer the only virtual currency in circulation. Other leading virtual currencies include Tether, Ethereum, and Litecoin. Users “mine” these currencies by leasing computing power, which is used in processing transactions in exchange for a portion of the currency. In spite of growing competition, Bitcoin is still the dominant player for the time being.

Number of Bitcoins in circulation worldwide from 3rd quarter 2012 to 3rd quarter 2019

Number of Bitcoins in millions
Q3 '1917.97
Q2 '1917.79
Q1 '1917.62
Q4 '1817.45
Q3 '1817.3
Q2 '1817.12
Q1 '1816.95
Q4 '1716.78
Q3 '1716.6
Q2 '1716.42
Q1 '1716.25
Q4 '1616.08
Q3 '1615.9
Q2 '1615.72
Q1 '1615.38
Q4 '1515.03
Q3 '1514.67
Q2 '15 14.33
Q1 '15 14
Q4 '14 13.67
Q3 '14 13.33
Q2 '14 12.97
Q1 '14 12.59
Q4 '13 12.2
Q3 '13 11.77
Q2 '13 11.35
Q1 '13 10.97
Q4 '12 10.61
Q3 '12 10.06
Loading statistic...
You need to log in to download this statistic
Register for free
Already a member?
Log in
Show detailed source information?
Register for free
Already a member?
Log in

Release date

October 2018



Survey time period

Q3 2012 to Q3 2019

Supplementary notes

End of quarter data.
Figures have been rounded.

Statista Accounts: Access All Statistics. Starting from $708 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Premium Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$59 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.

Statistics on "Bitcoin"

Statista Accounts: Access All Statistics. Starting from $708 / Year
Learn more about how Statista can support your business.