Bitcoin Market Report: BTC/USD Up 6.74% on the Month

Brief:


Bitcoin is up 2.08% on the day, down -1.30% on the week and up 6.74% on the month on a last price of $740.07. BTC/USD is trading between a 24hr high of $742.45 and a 24hr low of $728.68 on a 24hr Bitfinex volume of 5.65k. The weekly trend is mixed.

Last price

740.07 BTC/USD

$USD

last price $ 740.07
one week ago $ 749.85
percentage -1.30%

Volume

Volume

The 24 hour volume on Bitfinex is 5.65k.

Remarks

Bitfinex News
“New currency Monero to be enabled on Wednesday, November 30th. [Bitfinex] Monero deposits and withdrawals will be enabled on Wednesday, November 30th at 18:30 UTC. Two new currency pairs will be available for exchange trading: XMRUSD and XMRBTC.”

Monero Market Report Archive
Gain insight into the unique characteristics of Monero. Browse our comprehensive collection of Monero Market Reports [opens in new tab].

Market Share
Bitcoinity’s 30 day chart shows the relatively unchanging nature of the Chinese dominance over the bitcoin market. The “all currencies” piechart is below:
piechart-btc-all-currencies-30days-2016-11-30

BTC/USD Market Share 30 Days
Bitfinex tops the list with most BTC/USD traded in the last 30 days:
piechart-btc-usd-30days-2016-11-30

Price change

Price change is the percentage change within the period:

period change
day 2.08%
week -1.30%
month 6.74%

Chart

Tap or click chart to enlarge:

chart-btc-usd-bitfinex-30days-2016-11-30

Data source

Bitfinex is the data source for this market report.

Market capitalization

Market capitalization is the total $US dollar value of the Bitcoin market calculated using the formula:

market cap = ( available supply x last price )
Market cap Available supply Last price
$ 11,853,210,524 16016337 $ 740.07

Daily High Low

daily high 742.45
daily low 728.68

Trend

The weekly trend is mixed.

trend is MIXED

Support

Support is the lowest price within the period:

period support
day 728.68
week 720.00
biweekly 711.16
month 676.00

Resistance

Resistance is the highest price within the period:

period resistance
day 742.45
week 753.91
biweekly 763.85
month 763.85

Margin trading

yes

The data source Bitfinex offers margin trading on this digital asset.

Range

Range is the difference in price within the period:

period range
day 13.77000000
week -9.78000000
month 46.75000000

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

Bitcoin is up 2.08% on the day, down -1.30% on the week and up 6.74% on the month. The weekly trend is mixed. BTC/USD saw weekly support at $720.00 and weekly resistance at $753.91. Market sentiment is neutral.

Disclaimer

Past history is NOT an indicator of future results. Read the legal disclaimer:

http://kittybitcoin.com/docs/disclaimer.php

Printed

This report was printed on Wednesday November 30 2016 19:41 hours UTC. Contact KittyBitcoin to request custom reports.

Coming soon

Thanks for reading! 🙂

Tags

Bitcoin, BTC/USD, Bitfinex, Brief, Last price, Volume, Remarks, Price change, Chart, Data source, Market capitalization, Indicators, Daily high low, Trend, Support, Margin trading, Resistance, Range, Market sentiment, Summary, Disclaimer, Printed, Coming soon, cryptocurrency, bitcoins, BTC, altcoins, investing, trading, speculation, coins, investment, digital, assets, tags

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