Donald Trump · Bitcoin · BBC Technology
From Bitcoin to blockchain: Key cryptocurrency terms and what they mean
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Bitcoin's price sinking to a recent low, nearing $60,000 (£44,500) in value, has thrust the buzzy world of cryptocurrencies back into the spotlight.
Key facts
- Its price topped a much-awaited threshold of $100,000 in December 2024, then rose to $120,000 in July 2025 as US politicians prepared to debate bills to regulate digital assets
- In October 2025, Bitcoin hit an all-time high of around $126,000, buoyed by a continued wave of institutional investment and positive market sentiment
- In early February 2026, its price dipped below $65,000 to effectively wipe out gains achieved under President Trump
- A similar dip has been seen again more recently, with Bitcoin sinking to less than $62,000 on 5 June
- sparking fears for some it could shed even more than 50% of its highest value
Summary
The world's most valuable digital currency makes headlines when it soars to all time highs or plummets in value - seen several times in 2026 with dips in price to levels not witnessed since before US President Donald Trump took office. But crypto market booms and crashes are often accompanied by confusing terms like ETFs, blockchains and stablecoins, making it all somewhat tricky to navigate. If you're hearing these for the first time, or could do with a refresher, here are some key terms and what they mean. While many may struggle with the finer points of crypto, pretty much everyone has heard of its most famous product: Bitcoin.