Bitcoin

Bitcoin Market Report: $BTC Price Strong as New Alt Looms

Brief:


Bitcoin’s price is strong as a new alt looms. Bitcoin is down -4.38% on the day, down -6.39% on the week and up 7.71% on the month on a last price of $2662.80. $BTC/USD is trading between a 24hr high of $2734.90 and a 24hr low of $2582.90 on a 24hr volume of 18,437k. The weekly trend is mixed.

Last price

2662.80 $BTC/USD

$USD

last price $ 2662.80
one week ago $ 2844.70
percentage -6.39%

Volume

Volume

The 24 hour volume on Bitfinex is 18,437k.

Remarks

The price of Bitcoin remains strong as a hard fork and resulting new alt coin loom on August 01 2017. Bitcoin is down -4.38% on the day, down -6.39% on the week and up 7.71% on the month on a last price of $2662.80.

World’s Largest Bitcoin Exchange Registers Their Thoughts on New Alt Coin
“Although several months ago, we developed a methodology for handling contentious hardforks, we will be applying a different methodology for what we regard as a spurious forking of the Bitcoin project with little mining support.”

https://www.bitfinex.com/posts/212/review

Poloniex Weighs In
The world’s largest ether exchange wades in on the impending bitcoin hard fork:

https://poloniex.com/press-releases/2017.07.24-Our-plans-to-handle-potential-BTC-network-disruptions/

“We take no position on the desirability of any particular proposal nor do we have a stake in any outcome. Our primary concern is protecting our users and their tokens.”

The Poloniex perspective is a fresh and invigorating outlook inspiring confidence in their trading offerings. Shouldn’t customers always come first?

Take a look at Poloniex: https://poloniex.com

Or follow @Poloniex on Twitter: https://twitter.com/Poloniex

CoinMarketCap YTD Chart

Six Hour Chart

Bitcoin Market Reports
Browse $BTC dynamics with our Bitcoin Market Report collection:

Bitcoin Market Reports

XBTLivePrice
Bitcoin spot prices from four major exchanges at print time:

Bitcoin on Poloniex is $2685 up 0.26% over twenty-four hours.

Yesterday

Bitcoinity’s Exchange Market Share for July 2017 – All Currencies
The top three bitcoin exchanges for “all currencies” are Bitfinex, Kraken and Bitstamp. The “other” pie slice actually holds down number three position and Bitstamp is number four. This ranking shows the significant weight of lesser known exchanges.

Bitfinex.com has 18.59% share of all bitcoin traded in July.

Bitcoinity’s Exchange Market Share for July 2017 – BTC/USD Only
The top five exchanges in July trades of the popular $BTC/USD currency pair are:

bitfinex 888k 32.06%
bitstamp 430k 15.53%
coinbase 418k 15.10%
gemini 415k 14.97%
kraken 247k 8.92%

Altcoin Market Reports
We publish recent and topical Market Reports on many altcoins. Browse our extensive collection of Altcoin Market Reports.

Price change

Price change is the percentage change within the period:

period change
day -4.38%
week -6.39%
month 7.71%

Featured Chart

Tap or click chart to enlarge:

Data source

Bitfinex is the data source for this market report – except as noted.

Market capitalization

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

market cap = ( circulating supply x last price )
Market cap $ 43,878,316,054
Circulating supply 16,478,262
Last price $ 2662.80
Circulating supply data courtesy of CoinMarketCap.com.

Daily High Low

daily high 2734.90
daily low 2582.90

Trend

The weekly trend is mixed.

trend is MIXED

Support

Support is the lowest price within the period:

period support
day 2582.90
week 2404.00

Resistance

Resistance is the highest price within the period:

period resistance
day 2734.90
week 2917.00

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 152.00000000
week -181.90000000

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

Bitcoin price is strong as a hardfork and new alt looms. Bitcoin is down -4.38% on the day, down -6.39% on the week and up 7.71% on the month. The weekly trend is mixed. $BTC/USD saw weekly support at $2404.00 and weekly resistance at $2917.00. 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 Sunday July 30 2017 14:08 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

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

@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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