How to Get Current Bitcoin Price in Excel: A Step-by-Step Guide

　　In today's digital age, cryptocurrencies have become a significant part of the financial landscape. Bitcoin, as the pioneer of the cryptocurrency market, has garnered immense attention from investors and enthusiasts alike. If you are looking to keep track of Bitcoin's current price and integrate it into your Excel spreadsheet, you've come to the right place. This article will guide you through the process of getting the current Bitcoin price in Excel, making it easier for you to analyze and make informed decisions.

　　Why Get Current Bitcoin Price in Excel?

　　Excel is a powerful tool for data analysis and financial tracking. By obtaining the current Bitcoin price in Excel, you can:

　　1. Monitor your investment portfolio: Keep an eye on your Bitcoin investments and their performance over time.

　　2. Conduct market analysis: Analyze historical price data to identify trends and patterns.

　　3. Make informed decisions: Use real-time price information to make strategic investment choices.

　　How to Get Current Bitcoin Price in Excel

　　To get the current Bitcoin price in Excel, you can use the following methods:

　　Method 1: Using the "Stock Price" Function

　　1. Open a new Excel spreadsheet or an existing one where you want to insert the Bitcoin price.

　　2. In an empty cell, type the following formula: `=STOCK("BTCUSD")`

　　3. Press Enter. Excel will fetch the current Bitcoin price and display it in the cell.

　　Method 2: Using the "Yahoo Finance" Web Query

　　1. Open a new Excel spreadsheet or an existing one.

　　2. In an empty cell, type the following formula: `=WEBQUERY("https://finance.yahoo.com/quote/BTCUSD", "Select * from table where Col1='Regular Market Price'", 1, 2)`

　　3. Press Enter. Excel will fetch the current Bitcoin price and display it in the cell.

　　Method 3: Using a Custom Function

　　1. Open Excel and go to the "Developer" tab. If you don't see the "Developer" tab, you may need to enable it by going to "File" >"Options" >"Customize Ribbon" and checking the "Developer" checkbox.

　　2. Click on "Visual Basic" in the "Developer" tab to open the Visual Basic for Applications (VBA) editor.

　　3. In the VBA editor, go to "Insert" >"Module" to create a new module.

　　4. Copy and paste the following code into the module:

　　```vba

　　Function GetBTCPrice() As Double

　　Dim url As String

　　Dim webRequest As Object

　　Dim xmlDoc As Object

　　Dim xmlNode As Object

　　Dim price As Double

　　url = "https://api.coindesk.com/v1/bpi/currentprice.json"

　　Set webRequest = CreateObject("Microsoft.XMLHTTP")

　　webRequest.Open "GET", url, False

　　webRequest.Send

　　Set xmlDoc = CreateObject("Microsoft.XMLDOM")

　　xmlDoc.async = False

　　xmlDoc.loadXML webRequest.responseText

　　Set xmlNode = xmlDoc.getElementsByTagName("rate_btc")(0)

　　price = CDbl(xmlNode.Text)

　　GetBTCPrice = price

　　End Function

　　```

　　5. Close the VBA editor and return to Excel.

　　6. In an empty cell, type the following formula: `=GetBTCPrice()`

　　7. Press Enter. Excel will fetch the current Bitcoin price and display it in the cell.

　　Conclusion

　　Now that you know how to get the current Bitcoin price in Excel using different methods, you can easily integrate this information into your financial analysis and decision-making process. Whether you're a seasoned investor or a beginner, staying updated with the latest Bitcoin price is crucial. By utilizing Excel's capabilities, you can take your cryptocurrency tracking to the next level.

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