Historical Bitcoin to New Taiwan Dollar Price Movement
The BTC/TWD currency pair measures Bitcoin’s valuation against the New Taiwan Dollar (TWD). Taiwan’s strong tech sector, progressive stance on blockchain innovations, and increasing public interest in digital assets have made BTC/TWD an important trading pair in the Asia-Pacific region. Bitcoin adoption in Taiwan spans retail traders, institutional investors, and businesses integrating blockchain into payment ecosystems.
Historical Overview of BTC/TWD Price Trends
2017–2019: Tech-Savvy Adoption and Regulatory Exploration
- BTC/TWD surged to TWD 600,000 during Bitcoin’s 2017 global bull run.
- Taiwan’s technology community embraced Bitcoin for speculative investments and blockchain experiments.
- The Financial Supervisory Commission (FSC) began exploring digital asset regulations.
2020–2021: Bull Run Acceleration and Institutional Attention
- BTC/TWD climbed to TWD 2,700,000 in 2021, driven by global bullish momentum.
- Institutional investors and tech companies started integrating Bitcoin into portfolios and payment systems.
- The FSC introduced regulatory sandboxes to foster crypto innovation.
2022: Market Correction and Regulatory Maturity
- BTC/TWD corrected to TWD 2,200,000 following global crypto market downturns.
- Regulations were refined to ensure Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance for crypto exchanges.
- Bitcoin’s utility as a hedge against fiat depreciation gained attention amidst global economic uncertainties.
2023: Stabilization and Institutional-Grade Infrastructure
- BTC/TWD stabilized around TWD 2,350,000 as the market regained momentum.
- Major Taiwanese financial institutions partnered with crypto firms to offer Bitcoin custody solutions.
- Retail adoption expanded via user-friendly crypto wallets and payment apps.
2024–2025 (YTD): Halving Rally and Policy Enhancement
- Following the 2024 halving, BTC/TWD reached a record high of TWD 3,800,000.
- As of April 2025, BTC/TWD consolidates between TWD 3,750,000–3,800,000.
- The FSC launched enhanced regulatory frameworks to ensure secure and transparent Bitcoin trading environments.
BTC/TWD Yearly Comparison Table
| Year | Avg. Price (TWD) | Year High | Year Low | Annual Performance | Market Factors |
|---|---|---|---|---|---|
| 2017 | TWD 580,000 | TWD 600,000 | TWD 300,000 | ✅ Tech-driven adoption | Global BTC surge |
| 2021 | TWD 2,650,000 | TWD 2,700,000 | TWD 1,500,000 | ✅ Bull run peak | Institutional participation |
| 2022 | TWD 2,250,000 | TWD 2,300,000 | TWD 2,200,000 | ❌ Market correction | Regulatory adjustments |
| 2023 | TWD 2,340,000 | TWD 2,350,000 | TWD 2,300,000 | ✅ Stabilization | Institutional infrastructure |
| 2025* | TWD 3,775,000 | TWD 3,800,000 | TWD 3,750,000 | ✅ Halving-driven rally | Policy enhancements |
Key Factors Driving BTC/TWD Valuation
- Regulatory Maturity – The FSC’s progressive yet robust frameworks enhance investor confidence in Bitcoin markets.
- Institutional Integration – Taiwanese banks and financial firms are increasingly offering Bitcoin-related services.
- Tech Ecosystem Strength – Taiwan’s innovation hubs drive blockchain and Bitcoin adoption across industries.
- Retail Payment Growth – Bitcoin is gaining traction as a payment option in Taiwan’s retail and e-commerce sectors.
- Global Halving Cycles – BTC/TWD mirrors international price movements, especially post-halving rallies.
BTC/TWD Market Structure Insights (2025)
- Regulated exchanges ensure transparent and secure Bitcoin trading environments for both retail and institutional investors.
- Fintech startups are innovating cross-border payment solutions leveraging Bitcoin and blockchain technology.
- Educational initiatives foster wider crypto literacy among the Taiwanese public.
- Policy advancements continue to strike a balance between innovation promotion and financial system integrity.