Bitcoin Market Report: BTC Soars to $603
Bitcoin is up 3.38% on the day, up 13.27% on the week and up 28.63% on the month on a last price of $572.09. BTC/USD is trading between a 24hr high of 603.45, a 24hr low of 562.95, in a weekly up trend.
|last price||$ 572.09|
|one week ago||$ 505.07|
Bitcoin tested the $600 level only days after breaking through the $500 mark. OKCoin data shows a whopping high of $603.45 on their spot chart, illustrated.
The downside is that altcoins tend to trend lower with a large bitcoin rise. Today was no exception with many coins in the red on Poloniex.
The upside of the hefty bitcoin price rise was that BTC exchanged well against any fiat on a BTC withdrawl. Fiat deposits were the opposite, exchanging poorly on the increased BTC price.
Price change is the percentage change within the period:
Okcoin is the data source for this market report.
Market capitalization is the total $US dollar value of the Bitcoin market calculated using the formula:
|Market cap||Available supply||Last price|
|$ 8,935,745,453||15619475||$ 572.09|
Daily High Low
The weekly trend is up.
Support is the lowest price within the period:
Resistance is the highest price within the period:
Range is the difference in price within the period:
Market sentiment is bullish.
Bitcoin is up 3.38% on the day, up 13.27% on the week and up 28.63% on the month. The weekly trend is up. BTC/USD saw weekly support at 500.34 and weekly resistance at 603.45. Market sentiment is bullish.
Past history is NOT an indicator of future results. Read the legal disclaimer:
This report was printed on Saturday June 04 2016 20:08 hours UTC. Contact KittyBitcoin to request custom reports.
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