Bitcoin

Bitcoin Market Report: $BTC Market Cap Exceeds $75 Billion

Brief:


The market capitalization for bitcoin now exceeds seventy-five billion dollars. Bitcoin is up 0.54% in 24 hours, up 11.65% on the week and up 67.82% on the month on a last price of $4611.90. $BTC/USD is trading between a 24hr high of $4643.00 and a 24hr low of $4481.00 on a 24hr Bitfinex volume of 1.805k. The weekly trend is mixed.

Last price

4611.90 $BTC/USD

$USD

last price $ 4611.90
one week ago $ 4130.80
percentage 11.65%

Volume

Volume

The 24 hour volume on Bitfinex is 1.805k.

Remarks

The market capitalization for bitcoin now exceeds seventy-five billion dollars. Bitcoin is up 0.54% in 24 hours, up 11.65% on the week and up 67.82% on the month on a last price of $4611.90.

The dramatic rise comes after the bitcoin chain split is over, and renewed investor confidence has bouyed the price. Many other factors contributed to this bitcoin price increase. Recently a comprehensive list of factors affecting the price of bitcoin was published:

How bitcoin quadrupled in price in six months
http://www.iii.co.uk/articles/437971/how-bitcoin-quadrupled-price-six-months

CoinMarketCap YTD Chart

One Day Candles

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

Bitcoin @Poloniex is $4615 up 0.28% in twenty-four hours.

Yesterday

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Price change

Price change is the percentage change within the period:

period change
day 0.54%
week 11.65%
month 67.82%

Featured Chart

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 $ 76,253,961,683
Circulating supply 16,534,175
Last price $ 4611.90
Circulating supply data courtesy of CoinMarketCap.com.

Daily High Low

daily high $4643.00
daily low $4481.00

Trend

The weekly trend is mixed.

trend is MIXED

Support

Support is the lowest price within the period:

period support
day $4481.00
week $3599.00

Resistance

Resistance is the highest price within the period:

period resistance
day $4643.00
week $4648.80

Range

Range is the difference in price within the period:

period range
day $162.00000000
week $481.10000000

Market sentiment

Market sentiment is bullish.

sentiment bullish

Image courtesy Pixabay.com

Summary

The market capitalization for bitcoin now exceeds seventy-five billion dollars. Bitcoin is up 0.54% in 24 hours, up 11.65% on the week and up 67.82% on the month on a last price of $4611.90. The weekly trend is mixed. $BTC/USD saw weekly resistance at $4648.80 and weekly support at $3599.00. 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 Thursday August 31 2017 02:42 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, Market, Report, $BTC/USD

@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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