Bitcoin

Bitcoin Market Report: BTC/USD Market Cap Exceeds $25 Billion

Brief:


Bitcoin reaches a new all time high. Market capitalization exceeds $25 billion. Bitcoin is down -8.72% on the day, up 4.64% on the week and up 28.74% on the month on a last price of $1534.01. BTC/USD is trading between a 24hr high of $1722.61 and a 24hr low of $1497.95 on a 24hr volume of 3,879 BTC. The weekly trend is mixed.

Last price

1534.01 BTC/USD

$USD

last price $ 1534.01
one week ago $ 1465.93
percentage 4.64%

Volume

Volume

The 24 hour volume on Okcoin is 3879.13 BTC.

Remarks

The roller coaster charts are back again as bitcoin falls off from a new All Time High (ATH). Bitcoin reached a new ATH of $1739.57 on May 12 2017 on OKCoin.com. The total market capitalization has grown to over $25 billion.

CoinMarketCap.com Bitcoin All Time High
This seven day zoom shows the latest ATH on CoinMarketCap.com:

OKCoin.com One Month Chart
The four hour candle chart gives us a good perspective on where bitcoin has been in the last thirty days:

Volume
The highest Bitcoinity.org thirty day volume was traded on May 03 2017:

OKCoin.com traded 6,925 BTC on May 11 2017 when the latest ATH was reached.

XBT LivePrice
Current market prices show marked differences between exchanges as the price of bitcoin slides back down:

Exchange Market Share All Currencies Thirty Days
Competition is strong in the bitcoin market. Nowhere is this more evident than in the piechart below in which “Others” has the greatest market share of 20.32% of all bitcoin traded in the last thirty days:

Kraken, OKCoin and Bitfinex trail hotly on the heels of the consolidated top trader “Others”.

Exchange Market Share Only BTC/USD
Looking at just BTC/USD trading the piechart tells us that Bitfinex is on top, followed by Coinbase (GDAX) and Bitstamp:

Browse Historical Collection
Take a look at our extensive collection of Market Reports. Coverage includes all the major altcoins.

Price change

Price change is the percentage change within the period:

period change
day -8.72%
week 4.64%
month 28.74%

Featured Chart

Tap or click chart to enlarge:

Data source

Okcoin 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 $ 25,053,834,823
Available supply 16332250
Last price $ 1534.01

Daily High Low

daily high 1722.61
daily low 1497.95

Trend

The weekly trend is mixed.

trend is MIXED

Range

Range is the difference in price within the period:

period range
day 224.66000000
week 68.08000000
month 342.44000000

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

Bitcoin has reached a new ATH of $1739.57 on OKCoin.com. Market capitalization exceeds $25 billion. Bitcoin is down -8.72% on the day, up 4.64% on the week and up 28.74% on the month. The weekly trend is mixed. 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 Monday May 15 2017 20:37 hours UTC. Contact KittyBitcoin to request custom reports.

Thanks for reading! 🙂

Tags

Bitcoin, BTC/USD, Okcoin, 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

@KittyBitcoin supplies mobile friendly blockchain intelligence on http://kittybitcoin.com. Their favorite color is pink and the bigger the wool ball the better.
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