Current price of Bitcoin for May 29, 2026 | Fortune

Bitcoin price for May 29, 2026 is $73,105.71, down $354.18 from yesterday, roughly $32,500 below its all-time high. Its market capitalization is about $1.33 trillion, with Ethereum near $233 billion, underscoring Bitcoin’s lead in name recognition and size. Bitcoin operates on a decentralized peer-to-peer network, allowing value transfers without traditional financial intermediaries. Investors view it as a potential inflation hedge and a diversification asset. Its price remains highly volatile over time, driven by speculation, adoption by major companies, macroeconomic conditions, and evolving regulatory frameworks.