$61840.8
Time period | Change amount | % Change |
---|---|---|
1H | $-223.43 | -0.36% |
24H | $-1088.68 | -1.73% |
7D | $-2449.46 | -3.81% |
30D | $-2382.69 | -3.71% |
1Y | $+34910.17 | +129.63% |
96.87
Reliability Score
Rank #1
# 1
Percentile
TOP 5%
Bitcoin price today is $61840.8 with a 24-hour trading volume of $21.25 B, and as such Bitcoin has a market cap of $1216.99 B, giving it a market dominance of 51.52%. The Bitcoin price moved -1.73% 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 Negative.
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 18:47:52 2024-05-14 18:47:52 | 115 BTC ≈$7.09 M | 1KE3...AFaw | 2269...c3d4 |
2024-05-14 18:19:27 2024-05-14 18:19:27 | 186.09 BTC ≈$11.47 M | bc1q...0mvs | 805e...76ef |
2024-05-14 18:13:14 2024-05-14 18:13:14 | 129.54 BTC ≈$7.98 M | bc1q...u2n0 | 2870...05c9 |
2024-05-14 18:13:14 2024-05-14 18:13:14 | 500 BTC ≈$30.82 M | 3HcS...aypQ | 1734...4664 |
2024-05-14 17:59:14 2024-05-14 17:59:14 | 1000 BTC ≈$61.76 M | 3HcS...aypQ | e7fd...dac7 |
2024-05-14 17:59:14 2024-05-14 17:59:14 | 500 BTC ≈$30.88 M | 3HcS...aypQ | 1355...63f6 |
2024-05-14 17:47:12 2024-05-14 17:47:12 | 102.5 BTC ≈$6.33 M | bc1q...3ddj | 6095...ff30 |
2024-05-14 17:44:49 2024-05-14 17:44:49 | 169.45 BTC ≈$10.47 M | bc1q...q5nx | 1406...88ca |
2024-05-14 17:44:49 2024-05-14 17:44:49 | 116.22 BTC ≈$7.18 M | bc1q...uet9 | f00a...f0de |
2024-05-14 17:35:42 2024-05-14 17:35:42 | 100.81 BTC ≈$6.23 M | bc1q...7s3h | 05f5...f6a2 |
BTC price moves become increasingly erratic in the hours leading up to a slew of U.S. macroeconomic data prints after Bitcoin bulls fail to flip $63,000.
Only 157 new Runes were etched on Bitcoin on May 13, which contributed to just $3,835 in transaction fees paid to Bitcoin miners.
Following a 23% correction, Bitcoin may have just entered a post-halving reaccumulation zone, according to one analyst.
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.
Date | Market Cap | Volume | Open | Close |
---|---|---|---|---|
2024-05-13 | $1235.88 B | 379.43 K BTC | $62.74 K | N/A |
2024-05-12 | $1198.32 B | 227.01 K BTC | $60.84 K | $62.74 K |
2024-05-11 | $1198.58 B | 227.69 K BTC | $60.85 K | $60.84 K |
2024-05-10 | $1238.39 B | 440.96 K BTC | $62.87 K | $60.85 K |
2024-05-09 | $1205.76 B | 415.96 K BTC | $61.22 K | $62.87 K |
2024-05-08 | $1231.3 B | 418.53 K BTC | $62.52 K | $61.22 K |
2024-05-07 | $1254.85 B | 410.54 K BTC | $63.71 K | $62.52 K |