Bitcoin

Bitcoin Market Report: $BTC Noses Upwards

Brief:


Bitcoin noses upward in a start and stop market. Bitcoin is up 4.01% in 24 hours, down -9.21% on the week and down -4.90% on the month on a last price of $8634.24. The Bitcoin marketcap is $147,057,080,544 with a circulating supply of 17,031,850 $BTC. $BTC/USDT is trading between a 24hr high of $8686.21 and a 24hr low of $8260.00 on a 24hr OKEx volume of $255,785,000. This trading volume is moderate. The weekly price trend is mixed.

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Last price

8634.24 $BTC/USDT

$USD

last price $ 8634.24
one week ago $ 9510.00

Price change

Price change is the $BTC percentage change within the period:

period change
day 4.01%
week -9.21%
month -4.90%

Volume

Volume

$BTC 24 hour volume
USDT $255,785,000
all $BTC currencies $5,594,370,000

The 24 hour volume for $BTC/USDT on OKEx is $255,785,000. This volume weight is moderate when compared with OKEx daily trading levels for $BTC over the last month.

The total 24 hour volume for all reporting $BTC markets is $5,594,370,000.

Market Share

The OKEx currency pair $BTC/USDT is 4.57% of all $BTC traded in twenty-four hours. Today OKEx leads the pack with their $BTC/USDT pair.

The top pair has frequently flipped between Bitfinex $USD and OKEx’s $USDT (usd denominated in tether). Lately Binance’s $USDT has also been seen in first place.

Top $BTC Pairs
Tap/click for detail:

Remarks

Bitcoin noses upward in a start and stop market. Bitcoin is up 4.01% in 24 hours, down -9.21% on the week and down -4.90% on the month on a last price of $8634.24. The Bitcoin marketcap is $147,057,080,544 with a circulating supply of 17,031,850 $BTC. $BTC/USDT is trading between a 24hr high of $8686.21 and a 24hr low of $8260.00 on a 24hr OKEx volume of $255,785,000. In moderate volume trading the weekly trend is mixed.

From early April to May 04 bitcoin trended up. From a low of $6727.61 on April 05 2018 $BTC rose to a high of $9997. Since then bitcoin has dropped down to a low of $8123.90 two days ago on May 11 2018, bouncing slightly up to today’s last price $8634.24.

OKEx has higher bitcoin prices than the other major exchanges. XBTLivePrice has shown time and again that lower prices are seen on Binance, Bitfinex and Bitstamp:

XBTLivePriceTM

Yesterday

Accordingly – for most of the bitcoin market – the recent dips were somewhat lower.

One Year $BTC Chart

$BTC One Day Candles

Browse Bitcoin Collection

Learn about the unique characteristics of $BTC. Browse our collection of Bitcoin Market Reports.

24 Hours of Bitcoin
24 Hours of #Bitcoin
2.8% price $8,679.23
vol $5,657,310,000
mktcap $147,823,777,437
17.03M #XBT 20:19
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

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

Highlight Chart

Tap / click to enlarge:

Bitcoin noses upward in a start and stop market. Bitcoin is up 4.01% in 24 hours, down -9.21% on the week and down -4.90% on the month on a last price of $8634.24.
Bitcoin noses upward in a start and stop market. Bitcoin is up 4.01% in 24 hours, down -9.21% on the week and down -4.90% on the month on a last price of $8634.24.

Data sources

Main Data Source

OKEx is the main data source for this report. The One Day Candles chart, highlight chart, and digital asset numeric trading data are from OKEx.

Secondary

CoinMarketCap is the secondary data source for this report. The One Year Chart, cryptocurrency rank, token circulating supply, and daily market share are sourced from CoinMarketCap.com.

Tertiary

XBTLivePriceTM and 24 Hours of Bitcoin are fine data products from KittyBitcoin.com

Other sources are credited where used.

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 $ 147,057,080,544
Circulating supply 17,031,850
Last price $ 8634.24

Daily High Low

daily high 8686.21 USDT
daily low 8260.00 USDT

Trend

The weekly trend is mixed.

trend is MIXED

Trend is "mixed" when the week contains both green and red daily price candles, price movement up or down is significant, and there is no clear weekly price direction.

Resistance

Resistance is the highest price within the period:

period resistance
day 8686.21 USDT
week 9988.88 USDT

Support

Support is the lowest price within the period:

period support
day 8260.00 USDT
week 8123.90 USDT

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

Bitcoin noses upward in a start and stop market. Bitcoin is up 4.01% in 24 hours, down -9.21% on the week and down -4.90% on the month on a last price of $8634.24. The Bitcoin marketcap is $147,057,080,544 with a circulating supply of 17,031,850 $BTC. $BTC/USDT saw weekly resistance at $9988.88 USDT and weekly support at $8123.90 USDT. Market sentiment is neutral. The weekly price trend is mixed in daily moderate volume trading.

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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 May 13 2018 19:12 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

Bitcoin & Ethereum

Thanks for reading! 🙂

Tags

Bitcoin, $BTC, USDT, OKEx, Market, Report, $BTC/USDT, altcoins

KittyBitcoin supplies blockchain intelligence on http://kittybitcoin.com, on industry leading websites, and through white label channels since 2014. Follow @KittyBitcoin on Twitter®.
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