Bitcoin Market Report: $BTC Flies Above $3200
Bitcoin flies above $3200 to set a new all time high. Bitcoin is up 14.35% in 24 hours, up 14.57% on the week and up 23.68% on the month on a last price of $3190.70. $BTC/USD is trading between a 24hr high of $3240.00 and a 24hr low of $2853.30 on a Bitfinex 24hr volume of $134,257,000. The weekly trend is mixed.
|last price||$ 3190.70|
|one week ago||$ 2784.90|
Bitcoin flies above $3200 to set a new all time high. Bitcoin is up 14.35% in 24 hours, up 14.57% on the week and up 23.68% on the month on a last price of $3190.70.
The buoyed crypto comes hard on the heels of a bitcoin chain split. The split saw the creation of BCash which to date has failed to garner widespread support. Originally seen as a competitor to bitcoin, the reality set in yesterday with a Bcash daily trading closing price of $221.60 while the original bitcoin closed yesterday at $2860.00 at 23:59 hours on August 04 2017. Browse our latest Bcash market report “Bitcoin Cash Launch Report: Bitfinex $BCH/USD Down -49.39%”.
Also see the first Bcash launch report with ViaBTC data “Bitcoin Cash Launch Report: $BCC Down -16.67%” or Kraken’s Bcash Launch Report in euros “Bitcoin Cash Launch Report: Kraken $BCH/EUR Trend Down”.
The emergence of bitcoin relatively unscathed from the fork has resulted in renewed investor confidence – and a new all time high.
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Price change is the percentage change within the period:
Bitfinex is the data source for this market report – except as noted.
Market capitalization is the total $US dollar value of the Bitcoin market calculated using the formula:
|Market cap||$ 52,613,085,938|
|Last price||$ 3190.70|
Daily High Low
The weekly trend is mixed.
Support is the lowest price within the period:
Resistance is the highest price within the period:
Range is the difference in price within the period:
Market sentiment is bullish.
Bitcoin flies above $3200 to set a new all time high. Bitcoin is up 14.35% in twenty-four hours, up 14.57% on the week and up 23.68% on the month. The weekly trend is mixed. $BTC/USD saw weekly support at $2404.00 and weekly resistance at $3240.00. Market sentiment is bullish.
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