Coinbase Bitcoin
CBBTCUSD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
117,453.66
Year-over-Year Change
-1.68%
Date Range
11/12/2022 - 8/7/2025
Summary
The Coinbase Bitcoin (CBBTCUSD) series tracks the U.S. dollar spot exchange rate for Bitcoin traded on the Coinbase cryptocurrency exchange. It provides a widely referenced price for the leading digital currency.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Coinbase Bitcoin (CBBTCUSD) series represents the market price of Bitcoin quoted in U.S. dollars on the Coinbase cryptocurrency exchange platform. As a major exchange, Coinbase's Bitcoin price is considered a key benchmark for the cryptocurrency's valuation.
Methodology
The data is collected directly from Coinbase's active trading platforms.
Historical Context
Economists and financial analysts monitor the Coinbase Bitcoin price as an indicator of cryptocurrency market trends and investor sentiment.
Key Facts
- Bitcoin is the largest cryptocurrency by market capitalization.
- Coinbase is one of the world's largest and most liquid cryptocurrency exchanges.
- The CBBTCUSD series is updated in real-time during exchange trading hours.
FAQs
Q: What does this economic trend measure?
A: The Coinbase Bitcoin (CBBTCUSD) series tracks the current U.S. dollar spot price of Bitcoin traded on the Coinbase cryptocurrency exchange platform.
Q: Why is this trend relevant for users or analysts?
A: The Coinbase Bitcoin price is a widely followed benchmark for the valuation of the leading digital currency, providing insight into cryptocurrency market dynamics and investor sentiment.
Q: How is this data collected or calculated?
A: The data is collected directly from Coinbase's active trading platforms.
Q: How is this trend used in economic policy?
A: Economists and financial analysts monitor the Coinbase Bitcoin price as an indicator of cryptocurrency market trends, which can inform policy decisions related to digital assets and financial regulation.
Q: Are there update delays or limitations?
A: The CBBTCUSD series is updated in real-time during Coinbase's exchange trading hours, providing timely price information.
Related Trends
Citation
U.S. Federal Reserve, Coinbase Bitcoin (CBBTCUSD), retrieved from FRED.