Bitcoin Market Report: $BTC Meltdown in Progress
Bitcoin price sinks as potential fork nears. Bitcoin is down -11.31% on the day, down -9.58% on the week and down -13.65% on the month on a last price of $2066.60. $BTC/USD is trading between a 24hr high of $2210.10 and a 24hr low of $1975.70 on a 24hr volume of 28.536k. The weekly trend is mixed.
|last price||$ 2066.60|
|one week ago||$ 2285.50|
A bitcoin meltdown is in progress as confidence erodes with a nearing technical deadline. Bitcoin is down -11.31% on the day, down -9.58% on the week and down -13.65% on the month on a last price of $2066.60.
The lowest price of the month was only two hours ago. There is no reason to believe the price will change its direction until the end of the month. Eager investors could consider this timeframe the summer sale on bitcoin.
CoinMarketCap YTD Chart
Bitcoin Market Reports
Browse Bitcoin dynamics with our $BTC Market Report collection:
Bitcoin spot prices from four major exchanges at print time:
Gatecoin Blockchain Asset Comparison
Gatecoin.com’s recent Blockchain Asset Comparison chart shows bitcoin enjoys a YTD growth of 147.89% at a price of $2388. This contrasts with ether’s divinely stellar performance of 2,612.53%. This is notwithstanding the recent ether technical issues which generated a negative influence on the ether market:
Altcoin Market Reports
We publish recent and topical Market Reports on many altcoins. Browse our extensive collection of Altcoin Market Reports.
Price change is the percentage change within the period:
Bitfinex is the data source for this market report – except as noted.
Market capitalization is the total $US dollar value of the Bitcoin market calculated using the formula:
|Market cap||$ 33,993,761,725|
|Last price||$ 2066.60|
Daily High Low
The weekly trend is mixed.
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 bearish.
Bitcoin price sinks as potential fork nears. Bitcoin is down -11.31% on the day, down -9.58% on the week and down -13.65% on the month. The weekly trend is mixed. $BTC/USD saw weekly support at $1975.70 and weekly resistance at $2550.10. Market sentiment is bearish.
Past history is NOT an indicator of future results. Read the legal disclaimer:
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