Bitcoin

Bitcoin Market Report: $BTC Spikes to $7680

Brief:


Yesterday Bitcoin spiked to $7680 gaining $375 over twenty-four hours. The market has since seen a partial sell off. Bitcoin is up 6.17% in 24 hours, up 0.86% on the week and up 3.30% on the month on a last price of $6730.23. The Bitcoin marketcap is $116,596,355,333 with a circulating supply of 17,324,275 $BTC. $BTC/USDT is trading between a 24hr high of $7680.00 and a 24hr low of $6348.91 on a 24hr Binance volume of $613,814,325. This trading volume is heavy. The weekly price trend is mixed.

Rank #1

Bitcoin is ranked #1 today by cryptocurrency market capitalization.

Last price

6730.23 $BTC/USDT

$USD

last price $ 6730.23
one week ago $ 6673.01

Price change

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

period change
day 6.17%
week 0.86%
month 3.30%

Volume

Volume

$BTC 24 hour volume
USDT $613,814,325
all $BTC currencies $7,357,199,075

The 24 hour volume for $BTC/USDT on Binance is $613,814,325. This volume weight is heavy when compared with Binance daily trading levels for $BTC over the last month.

The total 24 hour volume for all reporting $BTC markets is $7,357,199,075.

Market Share

The Binance currency pair $BTC/USDT is approximately 8% of all $BTC traded in twenty-four hours. Binance is second after BitMex (31.26%).

Top $BTC Pairs
Tap or click for detail:

Remarks

Yesterday Bitcoin spiked to $7680 gaining $375 over twenty-four hours. The market has since seen a partial sell off. Bitcoin is up 6.17% in 24 hours, up 0.86% on the week and up 3.30% on the month on a last price of $6730.23. The Bitcoin marketcap is $116,596,355,333 with a circulating supply of 17,324,275 $BTC. $BTC/USDT is trading between a 24hr high of $7680.00 and a 24hr low of $6348.91 on a 24hr Binance volume of $613,814,325. This trading volume is heavy. The weekly price trend is mixed.

Yesterday saw an unusual spike to the quarter’s highest price to date: $7680. The increase comes with the heaviest volume seen in months.

The industry volume reached $7.3 billion USD over twenty-four hours.

The default Binance MACD on the four hour chart is sitting at 46.85 and showing considerable upwards buy pressure, on a sinking price.

The four hour Relative Strength Index (RSI) is at 61.31 showing an oversold state.

There was a $1000 premium for bitcoin on Binance as well as on Bitfinex:

Tether was down 6% in 24 hours.

Most altcoins enjoyed the ride up and many were in the green today, as bitcoin remained higher on the day.

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
4.67% price $6,581.98
vol $7,364,047,043
mktcap $114,028,557,671
17.32M #XBT 02:43
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

XBTLivePriceTM

Highlight Chart

Tap / click to enlarge:

Bitcoin is up 6.17% in 24 hours, up 0.86% on the week and up 3.30% on the month on a last price of $6730.23.
Bitcoin is up 6.17% in 24 hours, up 0.86% on the week and up 3.30% on the month on a last price of $6730.23.

Data sources

Main Data Source

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

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 $ 116,596,355,333
Circulating supply 17,324,275
Last price $ 6730.23

Daily High Low

daily high 7680.00 USDT
daily low 6348.91 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 7680.00 USDT
week 7680.00 USDT

Support

Support is the lowest price within the period:

period support
day 6348.91 USDT
week 6205.00 USDT

Market sentiment

$BTC market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

Yesterday Bitcoin spiked to $7680 gaining $375 over twenty-four hours. The market has since seen a partial sell off. Bitcoin is up 6.17% in 24 hours, up 0.86% on the week and up 3.30% on the month on a last price of $6730.23. The Bitcoin marketcap is $116,596,355,333 with a circulating supply of 17,324,275 $BTC. $BTC/USDT saw weekly resistance at 7680.00 USDT and weekly support at 6205.00 USDT. Market sentiment is neutral. The weekly price trend is mixed in daily heavy volume trading.

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Bitcoin & Ethereum

Disclaimer

Past history is NOT an indicator of future results. Read the legal disclaimer:

http://kittybitcoin.com/docs/disclaimer.php

Printed

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