How to Get Bitcoin Price in Excel

If you want to track the price of Bitcoin directly in Excel, there are several methods you can use to import live data and keep it updated. Here’s a step-by-step guide to getting Bitcoin price data in Excel:

1. Using Excel’s Built-in Data Types:

   • Open Excel and select a cell where you want to display the Bitcoin price.
   • Go to the “Data” tab in the Ribbon.
   • Click on “Data Types” and choose “Stocks.”
   • In the search box, type “Bitcoin” or “BTC/USD” and select the relevant option.
   • Once the data type is recognized, Excel will link to a data source and provide information. You can click on the small icon that appears in the cell to view additional details, including the price.

2. Using a Web Query:

   • Open Excel and select a cell where you want the data to appear.
   • Go to the “Data” tab and click on “From Web” in the “Get & Transform Data” group.
   • Enter a URL for a website that provides Bitcoin prices, such as a financial news site or cryptocurrency exchange.
   • Follow the prompts to select the specific table or data section from the webpage.
   • Click “Load” to import the data into your spreadsheet.

3. Using an API:

   • Obtain an API key from a cryptocurrency data provider like CoinGecko or CryptoCompare.
   • Use the following formula to fetch data from the API:

     excel
     =WEBSERVICE("https://api.coingecko.com/api/v3/simple/price?ids=bitcoin&vs_currencies=usd")
     

   • This formula will retrieve the Bitcoin price in USD. You can parse and format the data using Excel’s text functions.

4. Using a VBA Macro:

   • Press ALT + F11 to open the VBA editor in Excel.
   • Click “Insert” and then “Module” to create a new module.
   • Copy and paste the following VBA code:

     vba
     Function GetBitcoinPrice() As Double
         Dim http As Object
         Set http = CreateObject("MSXML2.XMLHTTP")
         http.Open "GET", "https://api.coingecko.com/api/v3/simple/price?ids=bitcoin&vs_currencies=usd", False
         http.send
         Dim response As String
         response = http.responseText
         GetBitcoinPrice = Split(Split(response, """usd"":")(1), "}")(0)
     End Function
     

   • Close the VBA editor and return to your spreadsheet.
   • In a cell, type =GetBitcoinPrice() to display the current Bitcoin price.

Note: The methods mentioned may require an active internet connection and access to live data sources.

In conclusion, Excel provides several ways to incorporate live Bitcoin price data into your spreadsheets, whether through built-in features, web queries, APIs, or VBA macros. By following the above methods, you can easily track Bitcoin prices and make data-driven decisions right from your Excel worksheets.