$61905.4
Time period | Change amount | % Change |
---|---|---|
1H | $+56.9 | +0.092% |
24H | $+1686.14 | +2.8% |
7D | $-789.96 | -1.26% |
30D | $-1424.93 | -2.25% |
1Y | $+35393.45 | +133.5% |
96.87
Reliability Score
Rank #1
# 1
Percentile
TOP 5%
Bitcoin price today is $61905.4 with a 24-hour trading volume of $28.16 B, and as such Bitcoin has a market cap of $1218.26 B, giving it a market dominance of 51.47%. The Bitcoin price moved 2.8% in the last 24 hours.
Bitcoin reached its highest price on 2024-03-14 when it was trading at its all-time high of $73738, while its lowest price was recorded on 2013-07-06 when it was trading at its all-time low of $67.81. The current lowest price since the last cycle high was $67.81, and the highest price since the last cycle low was $73738. The social sentiment of Bitcoin is currently Positive.
The current circulating supply of Bitcoin is $19.68 M BTC. In terms of market cap, Bitcoin is currently ranked 1.
There are two schools of thought in determining the price of Bitcoin.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Bitcoin, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Bitcoin from a long term perspective.
By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Bitcoin on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Bitcoin as well.
Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Bitcoin and the cryptocurrency market as a whole.
Transfer time | Transfer Volume | Transfer address | Transfer ID |
---|---|---|---|
2024-05-14 14:44:19 2024-05-14 14:44:19 | 110.55 BTC ≈$6.86 M | 1NHR...MEU2 | 17a8...0f94 |
2024-05-14 14:44:19 2024-05-14 14:44:19 | 732.11 BTC ≈$45.4 M | 14LK...V2yk | a18d...f7e3 |
2024-05-14 13:48:18 2024-05-14 13:48:18 | 138.9 BTC ≈$8.71 M | bc1q...5qtv | cca7...5e2d |
2024-05-14 13:31:31 2024-05-14 13:31:31 | 149.15 BTC ≈$9.35 M | 3Hem...Qxh5 | 1bc8...acbc |
2024-05-14 13:23:01 2024-05-14 13:23:01 | 276.13 BTC ≈$17.31 M | 3F8B...8cjY | aed7...6539 |
2024-05-14 13:23:01 2024-05-14 13:23:01 | 276.12 BTC ≈$17.31 M | 3GZx...iWbU | 738f...a5dd |
2024-05-14 13:16:26 2024-05-14 13:16:26 | 116.4 BTC ≈$7.3 M | bc1q...m44l | b300...3708 |
2024-05-14 12:55:24 2024-05-14 12:55:24 | 555 BTC ≈$34.67 M | bc1q...k7a9 | dbba...9fbd |
2024-05-14 12:55:24 2024-05-14 12:55:24 | 145 BTC ≈$9.06 M | bc1q...qesl | 7621...7678 |
2024-05-14 12:55:24 2024-05-14 12:55:24 | 159 BTC ≈$9.93 M | 1G47...o3r9 | b723...4673 |
Historical Bitcoin performance data and investors' expectation that the Fed will “pump our bags” have traders anticipating a strong BTC price rebound.
Bitcoin rallies as central bank stimulus packages become more common, and the Fed’s signal of “higher for longer” interest rates aligns with investors’ market view.
Previous outflows hovered around the $6 million mark, signaling a significant uptick in negative flows on Monday.
The controversial influencer says he’s “taking down Wall Street” through meme coin stocks, with GME short sellers out $1.4 billion in its revival.
Investor sentiment may be shifting, CoinShares says, as Grayscale’s GBTC outflows were the lowest since January.
The downtrend in inflation has stalled so far this year, putting in doubt the odds for any Fed rate cuts in 2024.
Date | Market Cap | Volume | Open | Close |
---|---|---|---|---|
2024-05-13 | $1235.88 B | 379429.19 BTC | $62742.46 | N/A |
2024-05-12 | $1198.32 B | 227005.5 BTC | $60837.44 | $62742.46 |
2024-05-11 | $1198.58 B | 227693.84 BTC | $60851.91 | $60837.44 |
2024-05-10 | $1238.39 B | 440962.18 BTC | $62874.59 | $60851.91 |
2024-05-09 | $1205.76 B | 415964.03 BTC | $61219.65 | $62874.59 |
2024-05-08 | $1231.3 B | 418531.47 BTC | $62517.29 | $61219.65 |
2024-05-07 | $1254.85 B | 410538.26 BTC | $63714.44 | $62517.29 |