Bitcoin

Bitcoin Market Report: $BTC Rises Past $4300

Brief:


Bitcoin has rocketed to new all time highs. Today the price peaked at $4320 in moderate volume but is still climbing. Bitcoin is up 7.90% in 24 hours, up 32.77% on the week and up 84.16% on the month on a last price of $4291.00. $BTC/USD is trading between a 24hr, weekly, monthly and all time high of $4320.00 and a 24hr low of $3951.00 on a 24hr Bitfinex volume of 25.845k. The weekly trend is up.

Last price

4291.00 $BTC/USD

$USD

last price $ 4291.00
one week ago $ 3232.00
percentage 32.77%

Volume

Volume

The 24 hour volume on Bitfinex is 25.845k.

Remarks

Bitcoin has rocketed to new all time highs. Today the price peaked at $4320 in moderate volume but is still climbing. Bitcoin is up 7.90% in 24 hours, up 32.77% on the week and up 84.16% on the month on a last price of $4291.00.

CoinMarketCap YTD Chart

One Month Chart – Daily Candles

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

Yesterday

Monthly Market Share by Exchange – All BTC Currency Pairs

Bitfinex leads all exchanges with top market share in August 2017 according to Bitcoinity.org. Kraken, OKCoin, Bitstamp and Bitflyer round out the top six.

Monthly Market Share by Exchange – Only BTC/USD

With 35.91% of all BTC/USD traded worldwide Bitfinex is again back in the saddle and undisputed leader of all bitcoin exchange market share. Bitstamp (14.96%) and Coinbase (14.89%) are a distant second and third.

Market share data courtesy Bitcoinity.org

All Time Price and Volume
This Bitcoinity chart shows the startling increase in annual volume we have been witnessing in 2017. The year of institutional entry and widened private investment has created a demand for bitcoin that has partly resulted in today’s high.

The recent Bitcoin chain split and subsequent clearer path for bitcoin scaling solutions have also paved the way forward for BTC. There is every reason to believe bitcoin will rise higher:

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 7.90%
week 32.77%
month 84.16%

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 $ 70,829,013,892
Circulating supply 16,506,412
Last price $ 4291.00
Circulating supply data courtesy of CoinMarketCap.com.

Daily High Low

daily high 4320.00
daily low 3951.00

Trend

The weekly trend is up.

trend is UP

Support

Support is the lowest price within the period:

period support
day 3951.00
week 3190.00

Resistance

Resistance is the highest price within the period:

period resistance
day 4320.00
week 4320.00

Range

Range is the difference in price within the period:

period range
day 369.00000000
week 1,059.00000000

Market sentiment

Market sentiment is bullish.

sentiment bullish

Image courtesy Pixabay.com

Summary

Bitcoin has rocketed to new all time highs. Today the price peaked at $4320 in moderate volume but is still climbing. Bitcoin is up 7.90% in twenty-four hours, up 32.77% on the week and up 84.16% on the month. The weekly trend is up. $BTC/USD saw weekly resistance at $4320.00 and weekly support at $3190.00. Market sentiment is bullish.

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 August 14 2017 17:42 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

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

@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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